PAYX Paychex Options Ahead of Earnings

26 Jun 2023

Analyzing the options chain of PAYX Paychex prior to the earnings report this week,
I would consider purchasing the 115usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approximately $3.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

30 Jun 2023

Trade aktif

PAYX traded at $114.78 after earnings. The calls were profitable at that point, but I haven`t monitored the options market. There is still a lot of time left until expiration.