Tour v297
PAYX
PAYCHEX INC
$108.12 +2.59%
$108.11 (-0.01%)🌙
as of 07/07 06:52 PM
7/7 18:52

Option Volume

Detail
Current (07/07) 1,645
Calls: 1,115 (68%)
Puts: 530 (32%)
Prior (07/06) 3,367
Calls: 1,429 (42%)
Puts: 1,938 (58%)
Current vs Prior -51.14%
Calls: -21.97% (Calls)
Puts: -72.65% (Puts)
Prior 7-Day Total 15,385
Calls: 9,378 (61%)
Puts: 6,007 (39%)
Prior 7-Day Average 2,197
Calls: 1,339 (61%)
Puts: 858 (39%)
Current vs Prior 7-Day Avg -25.15%
Calls: -16.77%
Puts: -38.24%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/07) $582.9K
Calls: $491.2K (84%)
Puts: $91.6K (16%)
Prior (07/06) $862.1K
Calls: $397.0K (46%)
Puts: $465.1K (54%)
Current vs Prior -32.39%
Calls: +23.72%
Puts: -80.30%
Prior 7-Day Total $3.68M
Calls: $1.98M (54%)
Puts: $1.70M (46%)
Prior 7-Day Average $526.3K
Calls: $283.6K (54%)
Puts: $242.7K (46%)
Current vs Prior 7-Day Avg +10.75%
Calls: +73.24%
Puts: -62.25%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/07) 0.48
Prior (07/06) 1.36
Current vs Prior -64.95%
Prior 7-Day Average 0.71
Current vs Prior 7-Day Avg -33.10%
Sentiment BULLISH

Open Interest

Detail
Current (07/07) 30,796
Calls: 20,471 (66%)
Puts: 10,325 (34%)
Prior (07/06) 22,801
Calls: 18,021 (79%)
Puts: 4,780 (21%)
Current vs Prior +35.06%
Prior 7-Day Total 160,676
Calls: 104,884 (65%)
Puts: 55,792 (35%)
Prior 7-Day Average 22,953
Calls: 14,983 (65%)
Puts: 7,970 (35%)
Current vs Prior 7-Day Avg +34.17%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 6.43% | 10.54%6.43% | 10.54%
Prior 6.97% | 10.48%6.97% | 10.48%
Current vs Prior -7.83% | +0.56%-7.83% | +0.56%
Prior 7-Day Avg 6.26% | 10.33%6.97% | 10.48%
Current vs 7-Day Avg +2.74% | +2.09%-7.83% | +0.56%
Prior 7-Day Eod 6.97% | 10.48%-- | --
Current vs 7-Day Eod -7.83% | +0.56%-- | --
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 10.50% | 22.64%
Calls: 12.99% | 24.00%
Puts: 8.00% | 21.28%
Prior 10.50% | 22.64%
Calls: 12.99% | 24.00%
Puts: 8.00% | 21.28%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 14.14% | 25.37%
Calls: 15.60% | 24.03%
Puts: 12.68% | 26.71%
Current vs 7-Day Avg -25.75% | -10.77%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($491.2K) vs puts ($91.6K). Below-average activity with volume down 51% vs prior. Extreme bullish P/C ratio of 0.48 - heavy call buying (1,115 calls vs 530 puts). P/C ratio dropping 65% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 1 of results (avg 5.3%, best 5.3%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 219.209.70$9.455.3%10.79666
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 7 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 1712.0015.30$13.6524.2%11.00291
$100.00Jul 177.408.60$8.0015.0%400.991.6K
$100.00Aug 219.209.70$9.455.3%10.79666
$105.00Jul 173.304.60$3.9532.9%260.702.3K
$105.00Aug 215.406.90$6.1524.4%240.61318
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Jul 171.005.00$3.00133.3%130.7144
$110.00Aug 214.306.20$5.2536.2%10.562

Most actively traded options today. High liquidity = easy entry/exit. 21 active (total vol 902, top 227)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 211.351.95$1.6536.4%1320.27755
$110.00Jul 170.101.35$0.73171.2%1050.292.9K
$110.00Aug 213.103.60$3.3514.9%780.43799
$115.00Jul 170.050.35$0.20150.0%600.09805
$100.00Jul 177.408.60$8.0015.0%400.991.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 170.100.30$0.20100.0%2270.081.0K
$95.00Jul 170.050.10$0.0862.5%680.03810
$105.00Jul 170.002.60$1.30200.0%620.32417
$105.00Aug 212.304.60$3.4566.7%160.3962
$110.00Jul 171.005.00$3.00133.3%130.7144

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 21.2%, max 84.3%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Jul 17Aug 2135.1%27.7%26.5%37351
$105.00Jul 17Aug 2134.1%31.2%9.3%502.6K
$100.00Jul 17Aug 2131.8%29.2%9.1%412.3K
$115.00Jul 17Aug 2129.0%28.2%2.8%1921.6K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$90.00Jul 17Aug 2162.9%34.1%84.3%83.6K
$95.00Jul 17Aug 2140.0%33.4%19.5%69810
$105.00Jul 17Aug 2134.1%31.2%9.3%78479
$100.00Jul 17Aug 2131.8%29.2%9.1%2291.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 14 found (best R:R 40.67, avg 8.76)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$115.00$120.00Jul 17$0.12$4.88$0.1240.67$115.12
$110.00$115.00Jul 17$0.53$4.47$0.538.43$110.53
$115.00$120.00Aug 21$0.92$4.08$0.924.43$115.92
$110.00$115.00Aug 21$1.70$3.30$1.701.94$111.70
$105.00$110.00Aug 21$2.80$2.20$2.800.79$107.80
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$100.00$95.00Jul 17$0.12$4.88$0.1240.67$99.88
$95.00$90.00Aug 21$0.53$4.47$0.538.43$94.47
$100.00$95.00Aug 21$0.60$4.40$0.607.33$99.40
$105.00$100.00Jul 17$1.10$3.90$1.103.55$103.90
$110.00$105.00Jul 17$1.70$3.30$1.701.94$108.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 15 found (best R:R 4.26, avg 0.83)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$100.00$105.00Jul 17$4.05$4.05$0.954.26$104.05
$100.00$105.00Aug 21$3.30$3.30$1.701.94$103.30
$105.00$110.00Jul 17$3.22$3.22$1.781.81$108.22
$105.00$110.00Aug 21$2.80$2.80$2.201.27$107.80
$110.00$115.00Aug 21$1.70$1.70$3.300.52$111.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$105.00$100.00Aug 21$1.97$1.97$3.030.65$103.03
$110.00$105.00Aug 21$1.80$1.80$3.200.56$108.20
$110.00$105.00Jul 17$1.70$1.70$3.300.52$108.30
$105.00$100.00Jul 17$1.10$1.10$3.900.28$103.90
$100.00$95.00Aug 21$0.60$0.60$4.400.14$99.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $1.50, cheapest $0.17)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$120.00Jul 17Aug 21$0.6535.1%27.7%
$100.00Jul 17Aug 21$1.4531.8%29.2%
$115.00Jul 17Aug 21$1.4529.0%28.2%
$105.00Jul 17Aug 21$2.2034.1%31.2%
$110.00Jul 17Aug 21$2.6223.0%29.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$90.00Jul 17Aug 21$0.1762.9%34.1%
$95.00Jul 17Aug 21$0.8040.0%33.4%
$100.00Jul 17Aug 21$1.2831.8%29.2%
$105.00Jul 17Aug 21$2.1534.1%31.2%
$110.00Jul 17Aug 21$2.2523.0%29.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 7 found (cheapest 3.45% of stock, avg 7.93%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$110.00Jul 17$0.73$3.00$3.73$106.27$113.733.45%
$105.00Jul 17$3.95$1.30$5.25$99.75$110.254.86%
$100.00Jul 17$8.00$0.20$8.20$91.80$108.207.58%
$110.00Aug 21$3.35$5.25$8.60$101.40$118.607.95%
$105.00Aug 21$6.15$3.45$9.60$95.40$114.608.88%
$100.00Aug 21$9.45$1.48$10.93$89.07$110.9310.11%
$95.00Jul 17$13.65$0.08$13.73$81.27$108.7312.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 16 found (cheapest 0.37% of stock, avg 2.67%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$115.00$100.00Jul 17$0.20$0.20$0.40$99.60$115.40
$110.00$100.00Jul 17$0.73$0.20$0.93$99.07$110.93
$120.00$90.00Aug 21$0.73$0.35$1.08$88.92$121.08
$115.00$105.00Jul 17$0.20$1.30$1.50$103.50$116.50
$120.00$95.00Aug 21$0.73$0.88$1.61$93.39$121.61
$115.00$90.00Aug 21$1.65$0.35$2.00$88.00$117.00
$110.00$105.00Jul 17$0.73$1.30$2.03$102.97$112.03
$120.00$100.00Aug 21$0.73$1.48$2.21$97.79$122.21
$115.00$95.00Aug 21$1.65$0.88$2.53$92.47$117.53
$115.00$100.00Aug 21$1.65$1.48$3.13$96.87$118.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 16 found (best R:R 3.27, avg credit $2.27)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
90/95100/105Aug 21$3.83$1.173.27$91.17$103.83
100/105110/115Aug 21$3.67$1.332.76$101.33$113.67
95/100105/110Aug 21$3.40$1.602.13$96.60$108.40
95/100105/110Jul 17$3.34$1.662.01$96.66$108.34
90/95105/110Aug 21$3.33$1.671.99$91.67$108.33
100/105115/120Aug 21$2.89$2.111.37$102.11$117.89
105/110115/120Aug 21$2.72$2.281.19$107.28$117.72
95/100110/115Aug 21$2.30$2.700.85$97.70$112.30
90/95110/115Aug 21$2.23$2.770.81$92.77$112.23
105/110115/120Jul 17$1.82$3.180.57$108.18$116.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 12 found (best R:R 70.43, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$110.00$115.00$120.00Jul 17$0.41$4.5911.20
$100.00$105.00$110.00Aug 21$0.50$4.509.00
$110.00$115.00$120.00Aug 21$0.78$4.225.41
$100.00$105.00$110.00Jul 17$0.83$4.175.02
$105.00$110.00$115.00Aug 21$1.10$3.903.55
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$90.00$95.00$100.00Aug 21$0.07$4.9370.43
$90.00$95.00$100.00Jul 17$0.22$4.7821.73
$100.00$105.00$110.00Jul 17$0.60$4.407.33
$95.00$100.00$105.00Jul 17$0.98$4.024.10
$95.00$100.00$105.00Aug 21$1.37$3.632.65

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 17 found (best net $-0.28, 6 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$110.001:2Aug 21-$0.55$4.45
$95.00$100.001:2Jul 17-$2.35$2.65
$100.00$105.001:2Aug 21-$2.85$2.15
$115.00$120.001:2Jul 17$0.04$4.96
$110.00$115.001:2Aug 21$0.05$4.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$95.00$90.001:2Jul 17-$0.28$4.72
$100.00$95.001:2Aug 21-$0.28$4.72
$110.00$105.001:2Aug 21-$1.65$3.35
$100.00$95.001:2Jul 17$0.04$4.96
$95.00$90.001:2Aug 21$0.18$4.82

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 2.87%, avg 1.18%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$110.00Aug 21$3.100.431.7%2.87%4.61%78799
$115.00Aug 21$1.350.276.4%1.25%7.61%132755
$120.00Aug 21$0.550.1411.0%0.51%11.50%24229
$110.00Jul 17$0.100.291.7%0.09%1.83%1052.9K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 1,115
Total Puts 530
Put/Call Ratio 0.48
Net Difference 585

Prior's Put/Call Breakdown

Total Calls 1,429
Total Puts 1,938
Put/Call Ratio 1.36
Net Difference -509

Prior 7-Day Put/Call Summary

Total Calls 9,378
Total Puts 6,007
Average Put/Call Ratio 0.71
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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