Tour v487
PAYX
PAYCHEX INC
$117.67 +0.71%
$118.00 (+0.28%)🌙
as of 08/03 06:46 PM
8/3 18:46

Option Volume

Detail
Current (08/03) 995
Calls: 539 (54%)
Puts: 456 (46%)
Prior (07/31) 681
Calls: 554 (81%)
Puts: 127 (19%)
Current vs Prior +46.11%
Calls: -2.71% (Calls)
Puts: +259.06% (Puts)
Prior 7-Day Total 28,746
Calls: 25,064 (87%)
Puts: 3,682 (13%)
Prior 7-Day Average 4,106
Calls: 3,580 (87%)
Puts: 526 (13%)
Current vs Prior 7-Day Avg -75.77%
Calls: -84.95%
Puts: -13.31%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/03) $410.0K
Calls: $291.3K (71%)
Puts: $118.7K (29%)
Prior (07/31) $198.2K
Calls: $145.9K (74%)
Puts: $52.3K (26%)
Current vs Prior +106.85%
Calls: +99.62%
Puts: +127.02%
Prior 7-Day Total $34.33M
Calls: $32.67M (95%)
Puts: $1.66M (5%)
Prior 7-Day Average $4.90M
Calls: $4.67M (95%)
Puts: $237.7K (5%)
Current vs Prior 7-Day Avg -91.64%
Calls: -93.76%
Puts: -50.07%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/03) 0.85
Prior (07/31) 0.23
Current vs Prior +269.05%
Prior 7-Day Average 0.40
Current vs Prior 7-Day Avg +114.17%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/03) 19,941
Calls: 14,324 (72%)
Puts: 5,617 (28%)
Prior (07/31) 17,720
Calls: 11,721 (66%)
Puts: 5,999 (34%)
Current vs Prior +12.53%
Prior 7-Day Total 144,763
Calls: 101,458 (70%)
Puts: 43,305 (30%)
Prior 7-Day Average 20,680
Calls: 14,494 (70%)
Puts: 6,186 (30%)
Current vs Prior 7-Day Avg -3.58%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 8.29% | 11.30%
Prior 9.03% | 11.34%
Current vs Prior -8.23% | -0.33%
Prior 7-Day Avg 9.31% | 12.07%
Current vs 7-Day Avg -10.99% | -6.38%
Prior 7-Day Eod 9.03% | 11.34%
Current vs 7-Day Eod -8.23% | -0.33%
Sentiment BULLISH

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 ($291.3K). Massive premium surge with dollar volume up 107% vs prior. P/C ratio rising 269% - increased hedging/bearish positioning. Call-heavy open interest (14,324 calls vs 5,617 puts) suggests bullish 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 NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 7.7%, best 7.7%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 215.005.40$5.207.7%450.641.4K
$110.00Aug 218.709.40$9.057.7%90.82590
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. 6 found (avg delta 0.78, highest 0.96)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 2116.5020.30$18.4020.7%10.963
$105.00Aug 2112.1014.70$13.4019.4%120.89--
$110.00Aug 218.709.40$9.057.7%90.82590
$115.00Aug 215.005.40$5.207.7%450.641.4K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 216.7010.30$8.5042.4%20.78--
$120.00Aug 214.204.90$4.5515.4%230.58283

Most actively traded options today. High liquidity = easy entry/exit. 15 active (total vol 474, top 136)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 215.005.40$5.207.7%450.641.4K
$120.00Aug 212.502.80$2.6511.3%410.42916
$135.00Aug 210.100.55$0.33136.4%290.0724
$125.00Aug 210.851.35$1.1045.5%230.231.5K
$105.00Aug 2112.1014.70$13.4019.4%120.89--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 210.701.15$0.9348.4%1360.18550
$105.00Aug 210.251.15$0.70128.6%1100.12770
$115.00Aug 212.202.65$2.4218.6%240.36223
$120.00Aug 214.204.90$4.5515.4%230.58283
$100.00Aug 210.050.35$0.20150.0%100.04269

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. 8 found (best R:R 49.00, avg 11.51)

BULL CALL (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$125.00$130.00Aug 21$0.10$4.90$0.1049.00$125.10
$130.00$135.00Aug 21$0.67$4.33$0.676.46$130.67
$120.00$125.00Aug 21$1.55$3.45$1.552.23$121.55
$115.00$120.00Aug 21$2.55$2.45$2.550.96$117.55
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$110.00$105.00Aug 21$0.23$4.77$0.2320.74$109.77
$105.00$100.00Aug 21$0.50$4.50$0.509.00$104.50
$115.00$110.00Aug 21$1.49$3.51$1.492.36$113.51
$120.00$115.00Aug 21$2.13$2.87$2.131.35$117.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 11 found (best R:R 6.69, avg 1.53)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$105.00$110.00Aug 21$4.35$4.35$0.656.69$109.35
$110.00$115.00Aug 21$3.85$3.85$1.153.35$113.85
$115.00$120.00Aug 21$2.55$2.55$2.451.04$117.55
$120.00$125.00Aug 21$1.55$1.55$3.450.45$121.55
$130.00$135.00Aug 21$0.67$0.67$4.330.15$130.67
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$125.00$120.00Aug 21$3.95$3.95$1.053.76$121.05
$120.00$115.00Aug 21$2.13$2.13$2.870.74$117.87
$115.00$110.00Aug 21$1.49$1.49$3.510.42$113.51
$105.00$100.00Aug 21$0.50$0.50$4.500.11$104.50
$110.00$105.00Aug 21$0.23$0.23$4.770.05$109.77

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. 6 found (cheapest 6.12% of stock, avg 9.51%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$120.00Aug 21$2.65$4.55$7.20$112.80$127.206.12%
$115.00Aug 21$5.20$2.42$7.62$107.38$122.626.48%
$125.00Aug 21$1.10$8.50$9.60$115.40$134.608.16%
$110.00Aug 21$9.05$0.93$9.98$100.02$119.988.48%
$105.00Aug 21$13.40$0.70$14.10$90.90$119.1011.98%
$100.00Aug 21$18.40$0.20$18.60$81.40$118.6015.81%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 12 found (cheapest 0.88% of stock, avg 2.23%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$135.00$105.00Aug 21$0.33$0.70$1.03$103.97$136.03
$135.00$110.00Aug 21$0.33$0.93$1.26$108.74$136.26
$130.00$105.00Aug 21$1.00$0.70$1.70$103.30$131.70
$125.00$105.00Aug 21$1.10$0.70$1.80$103.20$126.80
$130.00$110.00Aug 21$1.00$0.93$1.93$108.07$131.93
$125.00$110.00Aug 21$1.10$0.93$2.03$107.97$127.03
$135.00$115.00Aug 21$0.33$2.42$2.75$112.25$137.75
$120.00$105.00Aug 21$2.65$0.70$3.35$101.65$123.35
$130.00$115.00Aug 21$1.00$2.42$3.42$111.58$133.42
$125.00$115.00Aug 21$1.10$2.42$3.52$111.48$128.52

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 15 found (best R:R 12.16, avg credit $2.23)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
120/125130/135Aug 21$4.62$0.3812.16$120.38$134.62
100/105110/115Aug 21$4.35$0.656.69$100.65$114.35
100/105115/120Aug 21$3.05$1.951.56$101.95$118.05
110/115120/125Aug 21$3.04$1.961.55$111.96$123.04
115/120130/135Aug 21$2.80$2.201.27$117.20$132.80
105/110115/120Aug 21$2.78$2.221.25$107.22$117.78
115/120125/130Aug 21$2.23$2.770.81$117.77$127.23
110/115130/135Aug 21$2.16$2.840.76$112.84$132.16
100/105120/125Aug 21$2.05$2.950.69$102.95$122.05
105/110120/125Aug 21$1.78$3.220.55$108.22$121.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 9 found (best R:R 9.00, cheapest $0.50)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$105.00$110.00$115.00Aug 21$0.50$4.509.00
$100.00$105.00$110.00Aug 21$0.65$4.356.69
$115.00$120.00$125.00Aug 21$1.00$4.004.00
$110.00$115.00$120.00Aug 21$1.30$3.702.85
$120.00$125.00$130.00Aug 21$1.45$3.552.45
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$95.00$100.00$105.00Aug 21$0.55$4.458.09
$110.00$115.00$120.00Aug 21$0.64$4.366.81
$105.00$110.00$115.00Aug 21$1.26$3.742.97
$115.00$120.00$125.00Aug 21$1.82$3.181.75

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 12 found (best net $-0.10, 8 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$115.00$120.001:2Aug 21-$0.10$4.90
$125.00$130.001:2Aug 21-$0.90$4.10
$110.00$115.001:2Aug 21-$1.35$3.65
$105.00$110.001:2Aug 21-$4.70$0.30
$130.00$135.001:2Aug 21$0.34$4.66
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$120.00$115.001:2Aug 21-$0.29$4.71
$100.00$95.001:2Aug 21-$0.30$4.70
$110.00$105.001:2Aug 21-$0.47$4.53
$125.00$120.001:2Aug 21-$0.60$4.40
$105.00$100.001:2Aug 21$0.30$4.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 2.12%, avg 0.79%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$120.00Aug 21$2.500.422.0%2.12%4.10%41916
$125.00Aug 21$0.850.236.2%0.72%6.95%231.5K
$130.00Aug 21$0.300.1710.5%0.25%10.73%6525
$135.00Aug 21$0.100.0714.7%0.08%14.81%2924

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 539
Total Puts 456
Put/Call Ratio 0.85
Net Difference 83

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 25,064
Total Puts 3,682
Average Put/Call Ratio 0.40
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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