Tour v477
PAYX
PAYCHEX INC
$116.84 +0.44%
7/31 18:59

Option Volume

Detail
Current (07/31) 681
Calls: 554 (81%)
Puts: 127 (19%)
Prior (07/30) 1,457
Calls: 600 (41%)
Puts: 857 (59%)
Current vs Prior -53.26%
Calls: -7.67% (Calls)
Puts: -85.18% (Puts)
Prior 7-Day Total 29,314
Calls: 25,321 (86%)
Puts: 3,993 (14%)
Prior 7-Day Average 4,187
Calls: 3,617 (86%)
Puts: 570 (14%)
Current vs Prior 7-Day Avg -83.74%
Calls: -84.68%
Puts: -77.74%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31) $198.2K
Calls: $145.9K (74%)
Puts: $52.3K (26%)
Prior (07/30) $674.3K
Calls: $326.6K (48%)
Puts: $347.7K (52%)
Current vs Prior -70.60%
Calls: -55.32%
Puts: -84.96%
Prior 7-Day Total $34.54M
Calls: $32.76M (95%)
Puts: $1.78M (5%)
Prior 7-Day Average $4.93M
Calls: $4.68M (95%)
Puts: $254.0K (5%)
Current vs Prior 7-Day Avg -95.98%
Calls: -96.88%
Puts: -79.41%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 0.23
Prior (07/30) 1.43
Current vs Prior -83.95%
Prior 7-Day Average 0.44
Current vs Prior 7-Day Avg -47.84%
Sentiment BULLISH

Open Interest

Detail
Current (07/31) 17,720
Calls: 11,721 (66%)
Puts: 5,999 (34%)
Prior (07/30) 21,751
Calls: 15,118 (70%)
Puts: 6,633 (30%)
Current vs Prior -18.53%
Prior 7-Day Total 140,781
Calls: 101,312 (72%)
Puts: 39,469 (28%)
Prior 7-Day Average 20,111
Calls: 14,473 (72%)
Puts: 5,638 (28%)
Current vs Prior 7-Day Avg -11.89%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 9.03% | 11.34%
Prior 9.03% | 12.98%
Current vs Prior +0.04% | -12.63%
Prior 7-Day Avg 9.43% | 12.18%
Current vs 7-Day Avg -4.27% | -6.86%
Prior 7-Day Eod 9.03% | 12.98%
Current vs 7-Day Eod +0.04% | -12.63%
Sentiment BEARISH

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 74% call dollar volume ($145.9K). Light premium activity with dollar volume down 71% vs prior. Below-average activity with volume down 53% vs prior. Extreme bullish P/C ratio of 0.23 - heavy call buying (554 calls vs 127 puts).

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 -- 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. 3 found (avg delta 0.69, highest 0.82)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 217.708.80$8.2513.3%10.82--
$115.00Aug 214.206.30$5.2540.0%350.631.4K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 214.006.60$5.3049.1%10.61283

Most actively traded options today. High liquidity = easy entry/exit. 9 active (total vol 436, top 363)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 210.851.95$1.4078.6%3630.251.3K
$115.00Aug 214.206.30$5.2540.0%350.631.4K
$120.00Aug 211.902.75$2.3336.5%20.41916
$110.00Aug 217.708.80$8.2513.3%10.82--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.050.45$0.25160.0%310.05240
$105.00Aug 210.300.75$0.5384.9%10.10770
$110.00Aug 210.601.40$1.0080.0%10.19551
$115.00Aug 211.853.00$2.4247.5%10.38222
$120.00Aug 214.006.60$5.3049.1%10.61283

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 7 found (best R:R 16.86, avg 5.07)

BULL CALL (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$120.00$125.00Aug 21$0.93$4.07$0.934.38$120.93
$115.00$120.00Aug 21$2.92$2.08$2.920.71$117.92
$110.00$115.00Aug 21$3.00$2.00$3.000.67$113.00
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$105.00$100.00Aug 21$0.28$4.72$0.2816.86$104.72
$110.00$105.00Aug 21$0.47$4.53$0.479.64$109.53
$115.00$110.00Aug 21$1.42$3.58$1.422.52$113.58
$120.00$115.00Aug 21$2.88$2.12$2.880.74$117.12

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 7 found (best R:R 1.50, avg 0.72)

BEAR CALL (3)
SellBuyExpiryCreditMax GainMax LossR:RBE
$110.00$115.00Aug 21$3.00$3.00$2.001.50$113.00
$115.00$120.00Aug 21$2.92$2.92$2.081.40$117.92
$120.00$125.00Aug 21$0.93$0.93$4.070.23$120.93
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossR:RBE
$120.00$115.00Aug 21$2.88$2.88$2.121.36$117.12
$115.00$110.00Aug 21$1.42$1.42$3.580.40$113.58
$110.00$105.00Aug 21$0.47$0.47$4.530.10$109.53
$105.00$100.00Aug 21$0.28$0.28$4.720.06$104.72

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 3 found (cheapest 6.53% of stock, avg 7.00%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$120.00Aug 21$2.33$5.30$7.63$112.37$127.636.53%
$115.00Aug 21$5.25$2.42$7.67$107.33$122.676.56%
$110.00Aug 21$8.25$1.00$9.25$100.75$119.257.92%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 6 found (cheapest 1.65% of stock, avg 2.72%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$125.00$105.00Aug 21$1.40$0.53$1.93$103.07$126.93
$125.00$110.00Aug 21$1.40$1.00$2.40$107.60$127.40
$120.00$105.00Aug 21$2.33$0.53$2.86$102.14$122.86
$120.00$110.00Aug 21$2.33$1.00$3.33$106.67$123.33
$125.00$115.00Aug 21$1.40$2.42$3.82$111.18$128.82
$120.00$115.00Aug 21$2.33$2.42$4.75$110.25$124.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 2.11, avg credit $2.47)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
105/110115/120Aug 21$3.39$1.612.11$106.61$118.39
100/105110/115Aug 21$3.28$1.721.91$101.72$113.28
100/105115/120Aug 21$3.20$1.801.78$101.80$118.20
110/115120/125Aug 21$2.35$2.650.89$112.65$122.35
105/110120/125Aug 21$1.40$3.600.39$108.60$121.40
100/105120/125Aug 21$1.21$3.790.32$103.79$121.21

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 5 found (best R:R 61.50, cheapest $0.08)

CALLS (2)
LowMidHighExpiryDebitMax GainR:R
$110.00$115.00$120.00Aug 21$0.08$4.9261.50
$115.00$120.00$125.00Aug 21$1.99$3.011.51
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$100.00$105.00$110.00Aug 21$0.19$4.8125.32
$105.00$110.00$115.00Aug 21$0.95$4.054.26
$110.00$115.00$120.00Aug 21$1.46$3.542.42

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 7 found (best net $-0.06, 3 credits)

CALLS (3)
Buy KSell KRatioExpiryNetMax Gain
$120.00$125.001:2Aug 21-$0.47$4.53
$110.00$115.001:2Aug 21-$2.25$2.75
$115.00$120.001:2Aug 21$0.59$4.41
PUTS (4)
Buy KSell KRatioExpiryNetMax Gain
$110.00$105.001:2Aug 21-$0.06$4.94
$105.00$100.001:2Aug 21$0.03$4.97
$115.00$110.001:2Aug 21$0.42$4.58
$120.00$115.001:2Aug 21$0.46$4.54

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 2 found (best yield 1.63%, avg 1.18%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$120.00Aug 21$1.900.412.7%1.63%4.33%2916
$125.00Aug 21$0.850.257.0%0.73%7.71%3631.3K

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 554
Total Puts 127
Put/Call Ratio 0.23
Net Difference 427

Prior's Put/Call Breakdown

Total Calls 600
Total Puts 857
Put/Call Ratio 1.43
Net Difference -257

Prior 7-Day Put/Call Summary

Total Calls 25,321
Total Puts 3,993
Average Put/Call Ratio 0.44
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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