PAYX Paychex Options Ahead of Earnings

If you haven`t bought the dip on PAYX:

Then analyzing the options chain and the chart patterns of PAYX Paychex prior to the earnings report this week,
I would consider purchasing the 125usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $5.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Dagangan aktif:

PAYX traded at $122.97 after earnings, and the Calls went up from $5.35 (when I wrote this article) to $6.40 at the close today (higher intraday), for about 20% gain!