Tour v346
PAYX
PAYCHEX INC
$114.39 -0.27%
$114.60 (+0.18%)🌙
as of 07/17 07:08 PM
7/17 19:08

Option Volume

Detail
Current (07/17) 5,020
Calls: 3,936 (78%)
Puts: 1,084 (22%)
Prior (07/16) 5,001
Calls: 4,037 (81%)
Puts: 964 (19%)
Current vs Prior +0.38%
Calls: -2.50% (Calls)
Puts: +12.45% (Puts)
Prior 7-Day Total 16,046
Calls: 13,206 (82%)
Puts: 2,840 (18%)
Prior 7-Day Average 2,292
Calls: 1,886 (82%)
Puts: 405 (18%)
Current vs Prior 7-Day Avg +119.00%
Calls: +108.63%
Puts: +167.18%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/17) $2.72M
Calls: $2.20M (81%)
Puts: $527.1K (19%)
Prior (07/16) $2.71M
Calls: $2.13M (78%)
Puts: $585.6K (22%)
Current vs Prior +0.43%
Calls: +3.30%
Puts: -9.99%
Prior 7-Day Total $7.57M
Calls: $6.39M (84%)
Puts: $1.18M (16%)
Prior 7-Day Average $1.08M
Calls: $913.2K (84%)
Puts: $168.7K (16%)
Current vs Prior 7-Day Avg +151.79%
Calls: +140.59%
Puts: +212.44%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/17) 0.28
Prior (07/16) 0.24
Current vs Prior +15.33%
Prior 7-Day Average 0.24
Current vs Prior 7-Day Avg +15.06%
Sentiment BULLISH

Open Interest

Detail
Current (07/17) 25,951
Calls: 22,288 (86%)
Puts: 3,663 (14%)
Prior (07/16) 25,617
Calls: 20,847 (81%)
Puts: 4,770 (19%)
Current vs Prior +1.30%
Prior 7-Day Total 153,738
Calls: 122,038 (79%)
Puts: 31,700 (21%)
Prior 7-Day Average 21,962
Calls: 17,434 (79%)
Puts: 4,528 (21%)
Current vs Prior 7-Day Avg +18.16%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 5.51% | 9.79%5.51% | 9.79%
Prior 5.87% | 10.20%5.87% | 10.20%
Current vs Prior +66.87% | +17.41%-6.14% | -4.01%
Prior 7-Day Avg 5.46% | 9.82%5.46% | 9.82%
Current vs 7-Day Avg +79.29% | +21.94%+0.85% | -0.31%
Prior 7-Day Eod 5.87% | 10.20%5.87% | 10.20%
Current vs 7-Day Eod +66.87% | +17.41%-6.14% | -4.01%
Sentiment BEARISHBULLISH

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 81% of dollar volume in calls ($2.20M) vs puts ($527.1K). Dollar volume significantly above 7-day average (152% higher). Volume explosion - 119% above 7-day average (5,020 vs avg 2,292). Extreme bullish P/C ratio of 0.28 - heavy call buying (3,936 calls vs 1,084 puts).

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 5.0%, best 4.0%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Aug 219.9010.30$10.104.0%6970.84575
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 218.008.50$8.256.1%1520.71115

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 0.80, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 1717.9020.70$19.3014.5%20.99281
$100.00Jul 1712.9016.30$14.6023.3%480.991.8K
$100.00Aug 2113.3016.30$14.8020.3%20.92--
$110.00Jul 173.806.00$4.9044.9%1660.922.5K
$105.00Aug 219.9010.30$10.104.0%6970.84575
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 218.008.50$8.256.1%1520.71115
$115.00Jul 170.002.80$1.40200.0%60.61--
$115.00Aug 214.605.30$4.9514.1%120.543

Most actively traded options today. High liquidity = easy entry/exit. 21 active (total vol 3.4K, top 697)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Aug 219.9010.30$10.104.0%6970.84575
$105.00Jul 178.7011.00$9.8523.4%5910.831.6K
$115.00Jul 170.001.10$0.55200.0%5690.40980
$115.00Aug 213.403.80$3.6011.1%3990.461.7K
$110.00Jul 173.806.00$4.9044.9%1660.922.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 212.202.95$2.5829.1%3090.3543
$120.00Aug 218.008.50$8.256.1%1520.71115
$105.00Aug 211.101.55$1.3333.8%910.20252
$100.00Aug 210.451.25$0.8594.1%300.12107
$115.00Aug 214.605.30$4.9514.1%120.543

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 1522.3%, max 3969.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$105.00Jul 17Aug 211280.0%31.5%3969.7%1.3K2.2K
$100.00Jul 17Aug 21785.9%36.9%2028.5%501.8K
$110.00Jul 17Aug 21383.6%29.0%1223.2%2683.6K
$120.00Jul 17Aug 21315.6%29.9%956.1%168977
$115.00Jul 17Aug 21226.5%31.1%627.6%9682.6K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$110.00Jul 17Aug 21383.6%29.0%1223.2%31143
$115.00Jul 17Aug 21226.5%31.1%627.6%183

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 11 found (best R:R 149.00, avg 17.98)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$125.00$130.00Aug 21$0.30$4.70$0.3015.67$125.30
$115.00$120.00Jul 17$0.52$4.48$0.528.62$115.52
$120.00$125.00Aug 21$0.85$4.15$0.854.88$120.85
$115.00$120.00Aug 21$1.85$3.15$1.851.70$116.85
$110.00$115.00Aug 21$2.65$2.35$2.650.89$112.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$110.00$95.00Jul 17$0.10$14.90$0.10149.00$109.90
$105.00$100.00Aug 21$0.48$4.52$0.489.42$104.52
$110.00$105.00Aug 21$1.25$3.75$1.253.00$108.75
$115.00$110.00Jul 17$1.27$3.73$1.272.94$113.73
$115.00$110.00Aug 21$2.37$2.63$2.371.11$112.63

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 16 found (best R:R 19.00, avg 4.13)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$100.00$105.00Jul 17$4.75$4.75$0.2519.00$104.75
$95.00$100.00Jul 17$4.70$4.70$0.3015.67$99.70
$100.00$105.00Aug 21$4.70$4.70$0.3015.67$104.70
$110.00$115.00Jul 17$4.35$4.35$0.656.69$114.35
$105.00$110.00Aug 21$3.85$3.85$1.153.35$108.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$120.00$115.00Aug 21$3.30$3.30$1.701.94$116.70
$115.00$110.00Aug 21$2.37$2.37$2.630.90$112.63
$115.00$110.00Jul 17$1.27$1.27$3.730.34$113.73
$110.00$105.00Aug 21$1.25$1.25$3.750.33$108.75
$105.00$100.00Aug 21$0.48$0.48$4.520.11$104.52

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $1.80, cheapest $0.20)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$100.00Jul 17Aug 21$0.20785.9%36.9%
$105.00Jul 17Aug 21$0.251280.0%31.5%
$110.00Jul 17Aug 21$1.35383.6%29.0%
$120.00Jul 17Aug 21$1.72315.6%29.9%
$115.00Jul 17Aug 21$3.05226.5%31.1%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$110.00Jul 17Aug 21$2.45383.6%29.0%
$115.00Jul 17Aug 21$3.55226.5%31.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 1.70% of stock, avg 8.82%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$115.00Jul 17$0.55$1.40$1.95$113.05$116.951.70%
$110.00Jul 17$4.90$0.13$5.03$104.97$115.034.40%
$115.00Aug 21$3.60$4.95$8.55$106.45$123.557.47%
$110.00Aug 21$6.25$2.58$8.83$101.17$118.837.72%
$120.00Aug 21$1.75$8.25$10.00$110.00$130.008.74%
$105.00Aug 21$10.10$1.33$11.43$93.57$116.439.99%
$100.00Aug 21$14.80$0.85$15.65$84.35$115.6513.68%
$95.00Jul 17$19.30$0.03$19.33$75.67$114.3316.90%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 13 found (cheapest 0.59% of stock, avg 2.71%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$115.00$110.00Jul 17$0.55$0.13$0.68$109.32$115.68
$130.00$100.00Aug 21$0.60$0.85$1.45$98.55$131.45
$125.00$100.00Aug 21$0.90$0.85$1.75$98.25$126.75
$130.00$105.00Aug 21$0.60$1.33$1.93$103.07$131.93
$125.00$105.00Aug 21$0.90$1.33$2.23$102.77$127.23
$120.00$100.00Aug 21$1.75$0.85$2.60$97.40$122.60
$120.00$105.00Aug 21$1.75$1.33$3.08$101.92$123.08
$130.00$110.00Aug 21$0.60$2.58$3.18$106.82$133.18
$125.00$110.00Aug 21$0.90$2.58$3.48$106.52$128.48
$120.00$110.00Aug 21$1.75$2.58$4.33$105.67$124.33

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 11 found (best R:R 2.57, avg credit $2.22)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
115/120125/130Aug 21$3.60$1.402.57$116.40$128.60
110/115120/125Aug 21$3.22$1.781.81$111.78$123.22
100/105110/115Aug 21$3.13$1.871.67$101.87$113.13
105/110115/120Aug 21$3.10$1.901.63$106.90$118.10
110/115125/130Aug 21$2.67$2.331.15$112.33$127.67
100/105115/120Aug 21$2.33$2.670.87$102.67$117.33
105/110120/125Aug 21$2.10$2.900.72$107.90$122.10
105/110125/130Aug 21$1.55$3.450.45$108.45$126.55
100/105120/125Aug 21$1.33$3.670.36$103.67$121.33
100/105125/130Aug 21$0.78$4.220.18$104.22$125.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 10 found (best R:R 8.09, cheapest $0.55)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$120.00$125.00$130.00Aug 21$0.55$4.458.09
$105.00$110.00$115.00Jul 17$0.60$4.407.33
$110.00$115.00$120.00Aug 21$0.80$4.205.25
$100.00$105.00$110.00Aug 21$0.85$4.154.88
$115.00$120.00$125.00Aug 21$1.00$4.004.00
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$100.00$105.00$110.00Aug 21$0.77$4.235.49
$110.00$115.00$120.00Aug 21$0.93$4.074.38
$105.00$110.00$115.00Aug 21$1.12$3.883.46

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 14 found (best net $-0.05, 8 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$120.00$125.001:2Aug 21-$0.05$4.95
$125.00$130.001:2Aug 21-$0.30$4.70
$110.00$115.001:2Aug 21-$0.95$4.05
$105.00$110.001:2Aug 21-$2.40$2.60
$105.00$110.001:2Jul 17$0.05$4.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$105.001:2Aug 21-$0.08$4.92
$115.00$110.001:2Aug 21-$0.21$4.79
$105.00$100.001:2Aug 21-$0.37$4.63
$120.00$115.001:2Aug 21-$1.65$3.35
$110.00$95.001:2Jul 17$0.07$14.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 2.97%, avg 1.23%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$115.00Aug 21$3.400.460.5%2.97%3.51%3991.7K
$120.00Aug 21$1.400.284.9%1.22%6.13%162868
$125.00Aug 21$0.650.169.3%0.57%9.84%930
$130.00Aug 21$0.200.1113.7%0.17%13.82%122

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 3,936
Total Puts 1,084
Put/Call Ratio 0.28
Net Difference 2,852

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 13,206
Total Puts 2,840
Average Put/Call Ratio 0.24
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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