PAYX251017P00140000 Option on Paychex

PAYX Stock  USD 142.66  0.28  0.20%   
PAYX251017P00140000 is a PUT option contract on Paychex's common stock with a strick price of 140.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at a bid price of $3.7, and an ask price of $5.3. The implied volatility as of the 22nd of July is 87.0.
A put option written on Paychex becomes more valuable as the price of Paychex drops. Conversely, Paychex's put option loses its value as Paychex Stock rises.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Paychex will have an average daily up or down price movement of about 0.013% per day over the life of the option. With Paychex trading at USD 142.66, that is roughly USD 0.0185. If you think that the market is fully understating Paychex's daily price movement you should consider buying Paychex options at that current volatility level of 0.21%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Paychex

An 'Out of The Money' option on Paychex has a strike price that Paychex Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Paychex's 'Out of The Money' options include buying the options if you expect a big move in Paychex's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract NamePAYX251017P00140000
Expires On2025-10-17
Days Before Expriration87
Vega0.268352
Gamma0.026585
Theoretical Value4.3
Open Interest76
Current Trading Volume26.0
Strike Price140.0
Last Traded At4.3
Current Price Spread3.7 | 5.3
Rule 16 Daily Up or DownUSD 0.0185

Paychex short PUT Option Greeks

Paychex's Option Greeks for the contract ending on 2025-10-17 at a strike price of 140.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Paychex's option greeks, its implied volatility helps estimate the risk of Paychex stock implied by the prices of the options on Paychex's stock.
Delta-0.394852
Gamma0.026585
Theta-0.029386
Vega0.268352
Rho-0.12481

Paychex long PUT Option Payoff at expiration

Put options written on Paychex grant holders of the option the right to sell a specified amount of Paychex at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Paychex Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Paychex is like buying insurance aginst Paychex's downside shift.
   Profit   
       Paychex Price At Expiration  

Paychex short PUT Option Payoff at expiration

By selling Paychex's put option, the investors signal their bearish sentiment. A short position in a put option written on Paychex will generally make money when the underlying price is above the strike price. Therefore Paychex's put payoff at expiration depends on where the Paychex Stock price is relative to the put option strike price. The breakeven price of 135.7 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Paychex's price. Finally, at the strike price of 140.0, the payoff chart is constant and positive.
   Profit   
       Paychex Price At Expiration  
View All Paychex Options

Paychex Available Put Options

Paychex's option chain is a display of a range of information that helps investors for ways to trade options on Paychex. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Paychex. It also shows strike prices and maturity days for a Paychex against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
 Put
PAYX251017P002100000210.065.3 - 69.365.3In
 Put
PAYX251017P002000000200.055.2 - 59.355.2In
 Put
PAYX251017P001950000195.050.3 - 54.250.3In
 Put
PAYX251017P001900000190.045.4 - 49.345.4In
 Put
PAYX251017P001850000185.040.2 - 44.340.2In
 Put
PAYX251017P001800000180.035.2 - 39.335.2In
 Put
PAYX251017P001750000175.030.2 - 34.330.2In
 Put
PAYX251017P001700000170.025.3 - 29.325.3In
 Put
PAYX251017P001650008165.020.3 - 24.322.5In
 Put
PAYX251017P0016000089160.015.5 - 19.519.48In
 Put
PAYX251017P0015500031155.011.0 - 15.110.7In
 Put
PAYX251017P0015000076150.08.3 - 11.19.88In
 Put
PAYX251017P00145000323145.05.9 - 7.56.7In
 Put
PAYX251017P0014000076140.03.7 - 5.34.3Out
 Put
PAYX251017P0013500077135.02.55 - 3.42.95Out
 Put
PAYX251017P00130000172130.01.35 - 2.852.11Out
 Put
PAYX251017P0012500013125.00.85 - 1.81.06Out

Paychex Corporate Management

John GibsonSr. VP of ServiceProfile
Christopher SimmonsController, VPProfile
Dave WilsonVice ServicesProfile
Chad ParodiManaging ServicesProfile
Christopher DeSalvoVP OperationsProfile
Frank FiorilleCompliance RiskProfile

Additional Tools for Paychex Stock Analysis

When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.