Tour v344
PAYX
PAYCHEX INC
$114.70 +4.27%
$114.75 (+0.04%)🌙
as of 07/16 06:51 PM
7/16 18:51

Option Volume

Detail
Current (07/16) 5,001
Calls: 4,037 (81%)
Puts: 964 (19%)
Prior (07/15) 1,540
Calls: 1,249 (81%)
Puts: 291 (19%)
Current vs Prior +224.74%
Calls: +223.22% (Calls)
Puts: +231.27% (Puts)
Prior 7-Day Total 12,690
Calls: 10,284 (81%)
Puts: 2,406 (19%)
Prior 7-Day Average 1,812
Calls: 1,469 (81%)
Puts: 343 (19%)
Current vs Prior 7-Day Avg +175.86%
Calls: +174.79%
Puts: +180.47%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/16) $2.71M
Calls: $2.13M (78%)
Puts: $585.6K (22%)
Prior (07/15) $658.1K
Calls: $532.2K (81%)
Puts: $125.9K (19%)
Current vs Prior +312.12%
Calls: +299.58%
Puts: +365.13%
Prior 7-Day Total $5.44M
Calls: $4.76M (87%)
Puts: $686.9K (13%)
Prior 7-Day Average $777.7K
Calls: $679.5K (87%)
Puts: $98.1K (13%)
Current vs Prior 7-Day Avg +248.78%
Calls: +212.97%
Puts: +496.77%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/16) 0.24
Prior (07/15) 0.23
Current vs Prior +2.49%
Prior 7-Day Average 0.27
Current vs Prior 7-Day Avg -12.57%
Sentiment BULLISH

Open Interest

Detail
Current (07/16) 25,617
Calls: 20,847 (81%)
Puts: 4,770 (19%)
Prior (07/15) 21,681
Calls: 17,454 (81%)
Puts: 4,227 (19%)
Current vs Prior +18.15%
Prior 7-Day Total 158,917
Calls: 121,662 (77%)
Puts: 37,255 (23%)
Prior 7-Day Average 22,702
Calls: 17,380 (77%)
Puts: 5,322 (23%)
Current vs Prior 7-Day Avg +12.84%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 5.87% | 10.20%5.87% | 10.20%
Prior 2.55% | 7.32%2.55% | 7.32%
Current vs Prior +129.69% | +39.39%+129.69% | +39.39%
Prior 7-Day Avg 5.54% | 9.87%5.54% | 9.87%
Current vs 7-Day Avg +5.89% | +3.34%+5.89% | +3.34%
Prior 7-Day Eod 2.55% | 7.32%2.55% | 7.32%
Current vs 7-Day Eod +129.69% | +39.39%+129.69% | +39.39%
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 78% of dollar volume in calls ($2.13M) vs puts ($585.6K). Massive premium surge with dollar volume up 312% vs prior. Dollar volume significantly above 7-day average (249% higher). Unusually high activity with volume up 225% 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 -- of results (avg --%, best --%)

No options available for this category

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. 10 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 1718.8020.90$19.8510.6%141.00--
$100.00Jul 1713.0015.90$14.4520.1%131.001.8K
$100.00Aug 2113.6016.00$14.8016.2%21.00--
$105.00Jul 178.7010.80$9.7521.5%3360.901.7K
$105.00Aug 219.3010.90$10.1015.8%840.89559
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 217.509.50$8.5023.5%1160.711
$115.00Jul 170.752.20$1.4898.0%220.5918
$115.00Aug 213.906.20$5.0545.5%20.54--

Most actively traded options today. High liquidity = easy entry/exit. 23 active (total vol 3.0K, top 862)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 216.207.10$6.6513.5%8620.681.0K
$110.00Jul 173.906.60$5.2551.4%7100.842.6K
$105.00Jul 178.7010.80$9.7521.5%3360.901.7K
$115.00Aug 213.303.80$3.5514.1%3300.461.5K
$120.00Aug 211.652.05$1.8521.6%2110.29674
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 217.509.50$8.5023.5%1160.711
$95.00Aug 210.150.40$0.2889.3%560.0568
$110.00Aug 212.302.80$2.5519.6%360.3513
$105.00Aug 211.051.30$1.1821.2%350.19225
$100.00Jul 170.000.05$0.03166.7%240.01938

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 245.8%, max 514.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$105.00Jul 17Aug 21145.0%29.2%397.0%4202.3K
$100.00Jul 17Aug 21117.3%32.5%260.8%151.8K
$110.00Jul 17Aug 2190.0%28.0%221.7%1.6K3.6K
$125.00Jul 17Aug 21101.8%34.6%194.1%1145
$115.00Jul 17Aug 2148.5%30.6%58.6%4332.5K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$95.00Jul 17Aug 21215.6%35.1%514.5%6368
$100.00Jul 17Aug 21117.3%32.5%260.8%451.0K
$115.00Jul 17Aug 2148.5%30.6%58.6%2418

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 11 found (best R:R 24.00, avg 8.05)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$130.00$135.00Aug 21$0.20$4.80$0.2024.00$130.20
$115.00$125.00Jul 17$0.73$9.27$0.7312.70$115.73
$120.00$125.00Aug 21$0.60$4.40$0.607.33$120.60
$125.00$130.00Aug 21$0.65$4.35$0.656.69$125.65
$115.00$120.00Aug 21$1.70$3.30$1.701.94$116.70
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$100.00$95.00Aug 21$0.32$4.68$0.3214.63$99.68
$115.00$100.00Jul 17$1.45$13.55$1.459.34$113.55
$105.00$100.00Aug 21$0.58$4.42$0.587.62$104.42
$110.00$105.00Aug 21$1.37$3.63$1.372.65$108.63
$115.00$110.00Aug 21$2.50$2.50$2.501.00$112.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 17 found (best R:R 15.67, avg 3.33)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$100.00$105.00Jul 17$4.70$4.70$0.3015.67$104.70
$100.00$105.00Aug 21$4.70$4.70$0.3015.67$104.70
$105.00$110.00Jul 17$4.50$4.50$0.509.00$109.50
$110.00$115.00Jul 17$4.42$4.42$0.587.62$114.42
$105.00$110.00Aug 21$3.45$3.45$1.552.23$108.45
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$120.00$115.00Aug 21$3.45$3.45$1.552.23$116.55
$115.00$110.00Aug 21$2.50$2.50$2.501.00$112.50
$110.00$105.00Aug 21$1.37$1.37$3.630.38$108.63
$105.00$100.00Aug 21$0.58$0.58$4.420.13$104.42
$115.00$100.00Jul 17$1.45$1.45$13.550.11$113.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.27, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$100.00Jul 17Aug 21$0.35117.3%32.5%
$105.00Jul 17Aug 21$0.35145.0%29.2%
$125.00Jul 17Aug 21$1.15101.8%34.6%
$110.00Jul 17Aug 21$1.4090.0%28.0%
$115.00Jul 17Aug 21$2.7248.5%30.6%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$95.00Jul 17Aug 21$0.08215.6%35.1%
$100.00Jul 17Aug 21$0.57117.3%32.5%
$115.00Jul 17Aug 21$3.5748.5%30.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 2.01% of stock, avg 9.99%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$115.00Jul 17$0.83$1.48$2.31$112.69$117.312.01%
$115.00Aug 21$3.55$5.05$8.60$106.40$123.607.50%
$110.00Aug 21$6.65$2.55$9.20$100.80$119.208.02%
$120.00Aug 21$1.85$8.50$10.35$109.65$130.359.02%
$105.00Aug 21$10.10$1.18$11.28$93.72$116.289.83%
$100.00Jul 17$14.45$0.03$14.48$85.52$114.4812.62%
$100.00Aug 21$14.80$0.60$15.40$84.60$115.4013.43%
$95.00Jul 17$19.85$0.20$20.05$74.95$115.0517.48%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 15 found (cheapest 0.87% of stock, avg 2.59%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$135.00$100.00Aug 21$0.40$0.60$1.00$99.00$136.00
$130.00$100.00Aug 21$0.60$0.60$1.20$98.80$131.20
$135.00$105.00Aug 21$0.40$1.18$1.58$103.42$136.58
$130.00$105.00Aug 21$0.60$1.18$1.78$103.22$131.78
$125.00$100.00Aug 21$1.25$0.60$1.85$98.15$126.85
$125.00$105.00Aug 21$1.25$1.18$2.43$102.57$127.43
$120.00$100.00Aug 21$1.85$0.60$2.45$97.55$122.45
$135.00$110.00Aug 21$0.40$2.55$2.95$107.05$137.95
$120.00$105.00Aug 21$1.85$1.18$3.03$101.97$123.03
$130.00$110.00Aug 21$0.60$2.55$3.15$106.85$133.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 20 found (best R:R 4.56, avg credit $2.31)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
115/120125/130Aug 21$4.10$0.904.56$115.90$129.10
95/100105/110Aug 21$3.77$1.233.07$96.23$108.77
100/105110/115Aug 21$3.68$1.322.79$101.32$113.68
115/120130/135Aug 21$3.65$1.352.70$116.35$133.65
95/100110/115Aug 21$3.42$1.582.16$96.58$113.42
110/115125/130Aug 21$3.15$1.851.70$111.85$128.15
110/115120/125Aug 21$3.10$1.901.63$111.90$123.10
105/110115/120Aug 21$3.07$1.931.59$106.93$118.07
110/115130/135Aug 21$2.70$2.301.17$112.30$132.70
100/105115/120Aug 21$2.28$2.720.84$102.72$117.28

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 12 found (best R:R 61.50, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$105.00$110.00$115.00Jul 17$0.08$4.9261.50
$100.00$105.00$110.00Jul 17$0.20$4.8024.00
$105.00$110.00$115.00Aug 21$0.35$4.6513.29
$125.00$130.00$135.00Aug 21$0.45$4.5510.11
$95.00$100.00$105.00Jul 17$0.70$4.306.14
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$95.00$100.00$105.00Aug 21$0.26$4.7418.23
$100.00$105.00$110.00Aug 21$0.79$4.215.33
$110.00$115.00$120.00Aug 21$0.95$4.054.26
$105.00$110.00$115.00Aug 21$1.13$3.873.42

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 16 found (best net $-0.02, 10 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$115.00$120.001:2Aug 21-$0.15$4.85
$130.00$135.001:2Aug 21-$0.20$4.80
$110.00$115.001:2Aug 21-$0.45$4.55
$120.00$125.001:2Aug 21-$0.65$4.35
$105.00$110.001:2Jul 17-$0.75$4.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$100.001:2Aug 21-$0.02$4.98
$115.00$110.001:2Aug 21-$0.05$4.95
$100.00$95.001:2Jul 17-$0.37$4.63
$120.00$115.001:2Aug 21-$1.60$3.40
$115.00$100.001:2Jul 17$1.42$13.58

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 6 found (best yield 2.88%, avg 0.91%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$115.00Aug 21$3.300.460.3%2.88%3.14%3301.5K
$120.00Aug 21$1.650.294.6%1.44%6.06%211674
$125.00Aug 21$0.800.199.0%0.70%9.68%1020
$115.00Jul 17$0.200.420.3%0.17%0.44%103994
$130.00Aug 21$0.200.1113.3%0.17%13.51%1--
$135.00Aug 21$0.100.0717.7%0.09%17.79%2--

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 4,037
Total Puts 964
Put/Call Ratio 0.24
Net Difference 3,073

Prior's Put/Call Breakdown

Total Calls 1,249
Total Puts 291
Put/Call Ratio 0.23
Net Difference 958

Prior 7-Day Put/Call Summary

Total Calls 10,284
Total Puts 2,406
Average Put/Call Ratio 0.27
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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