Tour v309
PAYX
PAYCHEX INC
$107.54 +1.20%
$107.30 (-0.22%)🌙
as of 07/10 06:54 PM
7/10 18:54

Option Volume

Detail
Current (07/10) 748
Calls: 515 (69%)
Puts: 233 (31%)
Prior (07/09) 1,297
Calls: 1,000 (77%)
Puts: 297 (23%)
Current vs Prior -42.33%
Calls: -48.50% (Calls)
Puts: -21.55% (Puts)
Prior 7-Day Total 11,406
Calls: 7,227 (63%)
Puts: 4,179 (37%)
Prior 7-Day Average 1,629
Calls: 1,032 (63%)
Puts: 597 (37%)
Current vs Prior 7-Day Avg -54.09%
Calls: -50.12%
Puts: -60.97%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/10) $287.3K
Calls: $203.2K (71%)
Puts: $84.2K (29%)
Prior (07/09) $302.9K
Calls: $229.5K (76%)
Puts: $73.5K (24%)
Current vs Prior -5.16%
Calls: -11.47%
Puts: +14.54%
Prior 7-Day Total $3.31M
Calls: $2.39M (72%)
Puts: $914.1K (28%)
Prior 7-Day Average $472.6K
Calls: $342.1K (72%)
Puts: $130.6K (28%)
Current vs Prior 7-Day Avg -39.21%
Calls: -40.61%
Puts: -35.55%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/10) 0.45
Prior (07/09) 0.30
Current vs Prior +52.33%
Prior 7-Day Average 0.58
Current vs Prior 7-Day Avg -22.31%
Sentiment BULLISH

Open Interest

Detail
Current (07/10) 18,490
Calls: 15,456 (84%)
Puts: 3,034 (16%)
Prior (07/09) 16,572
Calls: 13,587 (82%)
Puts: 2,985 (18%)
Current vs Prior +11.57%
Prior 7-Day Total 167,815
Calls: 113,352 (68%)
Puts: 54,463 (32%)
Prior 7-Day Average 23,973
Calls: 16,193 (68%)
Puts: 7,780 (32%)
Current vs Prior 7-Day Avg -22.87%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 5.37% | 9.95%5.37% | 9.95%
Prior 6.07% | 10.45%6.07% | 10.45%
Current vs Prior -11.45% | -4.75%-11.45% | -4.75%
Prior 7-Day Avg 6.64% | 10.57%6.53% | 10.41%
Current vs 7-Day Avg -19.12% | -5.83%-17.74% | -4.45%
Prior 7-Day Eod 6.07% | 10.45%-- | --
Current vs 7-Day Eod -11.45% | -4.75%-- | --
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 10.50% | 22.64%
Calls: 12.99% | 24.00%
Puts: 8.00% | 21.28%
Current vs 7-Day Avg +0.00% | -0.00%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 71% call dollar volume ($203.2K). Below-average activity with volume down 42% vs prior. Extreme bullish P/C ratio of 0.45 - heavy call buying (515 calls vs 233 puts). P/C ratio rising 52% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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 7.3%, best 7.3%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 212.652.85$2.757.3%860.40809
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. 5 found (avg delta 0.80, highest 0.97)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 1710.5014.40$12.4531.3%10.97--
$100.00Jul 176.809.40$8.1032.1%160.941.9K
$105.00Jul 171.953.80$2.8864.2%270.752.4K
$105.00Aug 214.506.30$5.4033.3%380.59371
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Jul 171.804.00$2.9075.9%20.73--

Most actively traded options today. High liquidity = easy entry/exit. 17 active (total vol 404, top 86)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 212.652.85$2.757.3%860.40809
$110.00Jul 170.550.75$0.6530.8%720.282.9K
$115.00Aug 210.251.60$0.93145.2%470.20830
$105.00Aug 214.506.30$5.4033.3%380.59371
$105.00Jul 171.953.80$2.8864.2%270.752.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Jul 170.500.80$0.6546.2%460.25507
$100.00Jul 170.050.25$0.15133.3%140.06970
$95.00Jul 170.000.15$0.08187.5%120.03759
$105.00Aug 212.304.70$3.5068.6%80.4183
$95.00Aug 210.001.00$0.50200.0%40.10--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 52.0%, max 69.7%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$115.00Jul 17Aug 2132.2%24.0%34.4%68830
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$95.00Jul 17Aug 2148.0%28.3%69.7%16759

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 8 found (best R:R 9.00, avg 3.51)

BULL CALL (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$110.00$115.00Jul 17$0.50$4.50$0.509.00$110.50
$110.00$115.00Aug 21$1.82$3.18$1.821.75$111.82
$105.00$110.00Jul 17$2.23$2.77$2.231.24$107.23
$105.00$110.00Aug 21$2.65$2.35$2.650.89$107.65
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$105.00$100.00Jul 17$0.50$4.50$0.509.00$104.50
$105.00$100.00Aug 21$1.17$3.83$1.173.27$103.83
$100.00$95.00Aug 21$1.83$3.17$1.831.73$98.17
$110.00$105.00Jul 17$2.25$2.75$2.251.22$107.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 9 found (best R:R 6.69, avg 1.24)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$95.00$100.00Jul 17$4.35$4.35$0.656.69$99.35
$105.00$110.00Aug 21$2.65$2.65$2.351.13$107.65
$105.00$110.00Jul 17$2.23$2.23$2.770.81$107.23
$110.00$115.00Aug 21$1.82$1.82$3.180.57$111.82
$110.00$115.00Jul 17$0.50$0.50$4.500.11$110.50
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossR:RBE
$110.00$105.00Jul 17$2.25$2.25$2.750.82$107.75
$100.00$95.00Aug 21$1.83$1.83$3.170.58$98.17
$105.00$100.00Aug 21$1.17$1.17$3.830.31$103.83
$105.00$100.00Jul 17$0.50$0.50$4.500.11$104.50

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.81, cheapest $0.42)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$115.00Jul 17Aug 21$0.7832.2%24.0%
$110.00Jul 17Aug 21$2.1025.8%27.8%
$105.00Jul 17Aug 21$2.5228.3%30.9%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$95.00Jul 17Aug 21$0.4248.0%28.3%
$100.00Jul 17Aug 21$2.1835.8%36.3%
$105.00Jul 17Aug 21$2.8528.3%30.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 5 found (cheapest 3.28% of stock, avg 6.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$105.00Jul 17$2.88$0.65$3.53$101.47$108.533.28%
$110.00Jul 17$0.65$2.90$3.55$106.45$113.553.30%
$100.00Jul 17$8.10$0.15$8.25$91.75$108.257.67%
$105.00Aug 21$5.40$3.50$8.90$96.10$113.908.28%
$95.00Jul 17$12.45$0.08$12.53$82.47$107.5311.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 13 found (cheapest 0.28% of stock, avg 2.56%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$115.00$100.00Jul 17$0.15$0.15$0.30$99.70$115.30
$110.00$100.00Jul 17$0.65$0.15$0.80$99.20$110.80
$115.00$105.00Jul 17$0.15$0.65$0.80$104.20$115.80
$110.00$105.00Jul 17$0.65$0.65$1.30$103.70$111.30
$120.00$95.00Aug 21$0.85$0.50$1.35$93.65$121.35
$115.00$95.00Aug 21$0.93$0.50$1.43$93.57$116.43
$120.00$100.00Aug 21$0.85$2.33$3.18$96.82$123.18
$110.00$95.00Aug 21$2.75$0.50$3.25$91.75$113.25
$115.00$100.00Aug 21$0.93$2.33$3.26$96.74$118.26
$120.00$105.00Aug 21$0.85$3.50$4.35$100.65$124.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 8.62, avg credit $3.03)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
95/100105/110Aug 21$4.48$0.528.62$95.52$109.48
95/100110/115Aug 21$3.65$1.352.70$96.35$113.65
100/105110/115Aug 21$2.99$2.011.49$102.01$112.99
100/105110/115Jul 17$1.00$4.000.25$104.00$111.00

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 6 found (best R:R 10.63, cheapest $0.43)

CALLS (4)
LowMidHighExpiryDebitMax GainR:R
$105.00$110.00$115.00Aug 21$0.83$4.175.02
$105.00$110.00$115.00Jul 17$1.73$3.271.89
$110.00$115.00$120.00Aug 21$1.74$3.261.87
$100.00$105.00$110.00Jul 17$2.99$2.010.67
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$95.00$100.00$105.00Jul 17$0.43$4.5710.63
$100.00$105.00$110.00Jul 17$1.75$3.251.86

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 13 found (best net $-0.01, 5 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$110.001:2Aug 21-$0.10$4.90
$115.00$120.001:2Aug 21-$0.77$4.23
$95.00$100.001:2Jul 17-$3.75$1.25
$110.00$115.001:2Jul 17$0.35$4.65
$110.00$115.001:2Aug 21$0.89$4.11
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$100.00$95.001:2Jul 17-$0.01$4.99
$105.00$100.001:2Aug 21-$1.16$3.84
$95.00$90.001:2Jul 17$0.02$4.98
$105.00$100.001:2Jul 17$0.35$4.65
$100.00$95.001:2Aug 21$1.33$3.67

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 2.46%, avg 0.91%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$110.00Aug 21$2.650.402.3%2.46%4.75%86809
$110.00Jul 17$0.550.282.3%0.51%2.80%722.9K
$120.00Aug 21$0.450.1511.6%0.42%12.00%5239
$115.00Aug 21$0.250.206.9%0.23%7.17%47830

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 515
Total Puts 233
Put/Call Ratio 0.45
Net Difference 282

Prior's Put/Call Breakdown

Total Calls 1,000
Total Puts 297
Put/Call Ratio 0.30
Net Difference 703

Prior 7-Day Put/Call Summary

Total Calls 7,227
Total Puts 4,179
Average Put/Call Ratio 0.58
Ratio Trend Rising

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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