Tour v325
PAYX
PAYCHEX INC
$110.75 +2.98%
7/13 18:52

Option Volume

Detail
Current (07/13) 3,830
Calls: 3,281 (86%)
Puts: 549 (14%)
Prior (07/10) 748
Calls: 515 (69%)
Puts: 233 (31%)
Current vs Prior +412.03%
Calls: +537.09% (Calls)
Puts: +135.62% (Puts)
Prior 7-Day Total 11,528
Calls: 7,424 (64%)
Puts: 4,104 (36%)
Prior 7-Day Average 1,646
Calls: 1,060 (64%)
Puts: 586 (36%)
Current vs Prior 7-Day Avg +132.56%
Calls: +209.36%
Puts: -6.36%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/13) $2.03M
Calls: $1.84M (91%)
Puts: $192.2K (9%)
Prior (07/10) $287.3K
Calls: $203.2K (71%)
Puts: $84.2K (29%)
Current vs Prior +607.92%
Calls: +806.57%
Puts: +128.40%
Prior 7-Day Total $3.47M
Calls: $2.54M (73%)
Puts: $928.6K (27%)
Prior 7-Day Average $495.4K
Calls: $362.8K (73%)
Puts: $132.7K (27%)
Current vs Prior 7-Day Avg +310.55%
Calls: +407.69%
Puts: +44.91%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/13) 0.17
Prior (07/10) 0.45
Current vs Prior -63.02%
Prior 7-Day Average 0.51
Current vs Prior 7-Day Avg -67.10%
Sentiment BULLISH

Open Interest

Detail
Current (07/13) 26,650
Calls: 23,712 (89%)
Puts: 2,938 (11%)
Prior (07/10) 18,490
Calls: 15,456 (84%)
Puts: 3,034 (16%)
Current vs Prior +44.13%
Prior 7-Day Total 166,974
Calls: 118,823 (71%)
Puts: 48,151 (29%)
Prior 7-Day Average 23,853
Calls: 16,974 (71%)
Puts: 6,878 (29%)
Current vs Prior 7-Day Avg +11.72%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 5.46% | 10.38%5.46% | 10.38%
Prior 5.37% | 9.95%5.37% | 9.95%
Current vs Prior +1.64% | +4.36%+1.64% | +4.36%
Prior 7-Day Avg 6.66% | 10.69%6.30% | 10.32%
Current vs 7-Day Avg -17.98% | -2.91%-13.31% | +0.61%
Prior 7-Day Eod 5.37% | 9.95%5.37% | 9.95%
Current vs 7-Day Eod +1.64% | +4.36%+1.64% | +4.36%
Sentiment BEARISHBEARISH

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

Strong bullish conviction with 91% of dollar volume in calls ($1.84M) vs puts ($192.2K). Massive premium surge with dollar volume up 608% vs prior. Dollar volume significantly above 7-day average (311% higher). Unusually high activity with volume up 412% vs prior - elevated interest.

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 2 of results (avg 8.4%, best 7.5%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 1710.2011.00$10.607.5%130.881.8K
$110.00Aug 214.104.50$4.309.3%4600.53818
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. 9 found (avg delta 0.79, highest 0.92)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 1715.0017.80$16.4017.1%10.92291
$90.00Aug 2118.9023.10$21.0020.0%20.92--
$100.00Jul 1710.2011.00$10.607.5%130.881.8K
$100.00Aug 2110.3012.00$11.1515.2%30.87667
$105.00Jul 175.806.50$6.1511.4%1310.862.4K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 173.205.10$4.1545.8%190.85--

Most actively traded options today. High liquidity = easy entry/exit. 25 active (total vol 2.4K, top 597)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Jul 171.802.00$1.9010.5%5970.582.9K
$110.00Aug 214.104.50$4.309.3%4600.53818
$120.00Aug 210.051.80$0.93188.2%3280.18242
$115.00Jul 170.250.35$0.3033.3%3100.15872
$115.00Aug 211.903.60$2.7561.8%2090.36842
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Aug 210.952.80$1.8898.4%680.2884
$110.00Jul 171.001.30$1.1526.1%580.4259
$100.00Aug 210.101.60$0.85176.5%220.1547
$105.00Jul 170.000.75$0.38197.4%210.13483
$115.00Jul 173.205.10$4.1545.8%190.85--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 80.0%, max 183.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$100.00Jul 17Aug 2184.1%29.7%183.2%162.5K
$125.00Jul 17Aug 2156.9%27.8%104.3%1120
$105.00Jul 17Aug 2147.2%28.1%68.2%2662.8K
$120.00Jul 17Aug 2145.8%27.3%67.5%329353
$110.00Jul 17Aug 2132.4%26.4%22.6%1.1K3.7K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$100.00Jul 17Aug 2184.1%29.7%183.2%321.0K
$90.00Jul 17Aug 2184.0%48.5%73.4%18--
$105.00Jul 17Aug 2147.2%28.1%68.2%89567
$110.00Jul 17Aug 2132.4%26.4%22.6%5959

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 12 found (best R:R 24.00, avg 7.57)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$115.00$120.00Jul 17$0.20$4.80$0.2024.00$115.20
$120.00$125.00Aug 21$0.53$4.47$0.538.43$120.53
$110.00$115.00Aug 21$1.55$3.45$1.552.23$111.55
$110.00$115.00Jul 17$1.60$3.40$1.602.13$111.60
$115.00$120.00Aug 21$1.82$3.18$1.821.75$116.82
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$100.00$95.00Aug 21$0.22$4.78$0.2221.73$99.78
$100.00$90.00Jul 17$0.52$9.48$0.5218.23$99.48
$110.00$105.00Jul 17$0.77$4.23$0.775.49$109.23
$105.00$100.00Aug 21$1.03$3.97$1.033.85$103.97
$110.00$105.00Aug 21$1.82$3.18$1.821.75$108.18

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 16 found (best R:R 65.67, avg 5.51)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$90.00$100.00Aug 21$9.85$9.85$0.1565.67$99.85
$100.00$105.00Jul 17$4.45$4.45$0.558.09$104.45
$105.00$110.00Jul 17$4.25$4.25$0.755.67$109.25
$100.00$105.00Aug 21$3.60$3.60$1.402.57$103.60
$105.00$110.00Aug 21$3.25$3.25$1.751.86$108.25
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$115.00$110.00Jul 17$3.00$3.00$2.001.50$112.00
$110.00$105.00Aug 21$1.82$1.82$3.180.57$108.18
$105.00$100.00Aug 21$1.03$1.03$3.970.26$103.97
$110.00$105.00Jul 17$0.77$0.77$4.230.18$109.23
$100.00$90.00Jul 17$0.52$0.52$9.480.05$99.48

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $1.30, cheapest $0.30)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$125.00Jul 17Aug 21$0.3556.9%27.8%
$100.00Jul 17Aug 21$0.5584.1%29.7%
$120.00Jul 17Aug 21$0.8345.8%27.3%
$105.00Jul 17Aug 21$1.4047.2%28.1%
$110.00Jul 17Aug 21$2.4032.4%26.4%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$100.00Jul 17Aug 21$0.3084.1%29.7%
$90.00Jul 17Aug 21$0.7284.0%48.5%
$105.00Jul 17Aug 21$1.5047.2%28.1%
$110.00Jul 17Aug 21$2.5532.4%26.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 2.75% of stock, avg 8.62%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$110.00Jul 17$1.90$1.15$3.05$106.95$113.052.75%
$115.00Jul 17$0.30$4.15$4.45$110.55$119.454.02%
$105.00Jul 17$6.15$0.38$6.53$98.47$111.535.90%
$110.00Aug 21$4.30$3.70$8.00$102.00$118.007.22%
$105.00Aug 21$7.55$1.88$9.43$95.57$114.438.51%
$100.00Jul 17$10.60$0.55$11.15$88.85$111.1510.07%
$100.00Aug 21$11.15$0.85$12.00$88.00$112.0010.84%
$90.00Aug 21$21.00$0.75$21.75$68.25$111.7519.64%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 18 found (cheapest 0.61% of stock, avg 2.35%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$115.00$105.00Jul 17$0.30$0.38$0.68$104.32$115.68
$115.00$100.00Jul 17$0.30$0.55$0.85$99.15$115.85
$125.00$95.00Aug 21$0.40$0.63$1.03$93.97$126.03
$125.00$90.00Aug 21$0.40$0.75$1.15$88.85$126.15
$125.00$100.00Aug 21$0.40$0.85$1.25$98.75$126.25
$115.00$110.00Jul 17$0.30$1.15$1.45$108.55$116.45
$120.00$95.00Aug 21$0.93$0.63$1.56$93.44$121.56
$120.00$90.00Aug 21$0.93$0.75$1.68$88.32$121.68
$120.00$100.00Aug 21$0.93$0.85$1.78$98.22$121.78
$125.00$105.00Aug 21$0.40$1.88$2.28$102.72$127.28

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 13 found (best R:R 2.68, avg credit $2.28)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
105/110115/120Aug 21$3.64$1.362.68$106.36$118.64
95/100105/110Aug 21$3.47$1.532.27$96.53$108.47
100/105115/120Aug 21$2.85$2.151.33$102.15$117.85
100/105110/115Aug 21$2.58$2.421.07$102.42$112.58
90/100105/110Jul 17$4.77$5.230.91$95.23$109.77
105/110120/125Aug 21$2.35$2.650.89$107.65$122.35
95/100115/120Aug 21$2.04$2.960.69$97.96$117.04
95/100110/115Aug 21$1.77$3.230.55$98.23$111.77
100/105120/125Aug 21$1.56$3.440.45$103.44$121.56
90/100110/115Jul 17$2.12$7.880.27$97.88$112.12

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 14 found (best R:R 49.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$120.00$125.00$130.00Jul 17$0.10$4.9049.00
$115.00$120.00$125.00Jul 17$0.15$4.8532.33
$100.00$105.00$110.00Jul 17$0.20$4.8024.00
$100.00$105.00$110.00Aug 21$0.35$4.6513.29
$115.00$120.00$125.00Aug 21$1.29$3.712.88
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$90.00$95.00$100.00Aug 21$0.34$4.6613.71
$100.00$105.00$110.00Aug 21$0.79$4.215.33
$95.00$100.00$105.00Aug 21$0.81$4.195.17
$100.00$105.00$110.00Jul 17$0.94$4.064.32
$105.00$110.00$115.00Jul 17$2.23$2.771.24

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 21 found (best net $-1.30, 12 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$90.00$100.001:2Aug 21-$1.30$8.70
$120.00$125.001:2Jul 17$0.00$5.00
$125.00$130.001:2Jul 17-$0.15$4.85
$105.00$110.001:2Aug 21-$1.05$3.95
$110.00$115.001:2Aug 21-$1.20$3.80
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$105.001:2Aug 21-$0.06$4.94
$100.00$95.001:2Aug 21-$0.41$4.59
$105.00$100.001:2Jul 17-$0.72$4.28
$95.00$90.001:2Aug 21-$0.87$4.13
$100.00$90.001:2Jul 17$0.49$9.51

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 2 found (best yield 1.72%, avg 0.97%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$115.00Aug 21$1.900.363.8%1.72%5.55%209842
$115.00Jul 17$0.250.153.8%0.23%4.06%310872

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 3,281
Total Puts 549
Put/Call Ratio 0.17
Net Difference 2,732

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 7,424
Total Puts 4,104
Average Put/Call Ratio 0.51
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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