PAYX – RiskReversal

Too Many Options: $AAPL, $FB, $TC, $JNJ, $AMAT, $ PAYX, $XHB

September 6, 2013 by Dan • Commentary

Single stock options blocks ruled the unusual activity on what was a volatile session in the morning, only to spend the afternoon praying for the weekend to come. AAPL: the three most actively traded single …

Trade Update $PAYX: Closing Dec Put Spread for Nearly a Double

November 15, 2012 by Dan • Commentary

Trade Update Nov 15th, 2012 at 12:06pm: Since initiating a bearish play following PAYX’s less than inspiring fiscal Q1 results back in late Sept, the stock has sold off about 6%, and the Put Spread that I …

Post Earnings Look & New Trade: PAYX

September 25, 2012 by Dan • Commentary

Update With New Trade Sept 25th, 2012: Last night PAYX reported Q1 results that appeared to be mixed as they missed on sales, but beat on earnings due to tight cost controls, leading many analysts …

Quick Earnings Preview: PAYX

September 24, 2012 by Dan • Commentary

Event: PAYX: report fiscal Q1 after the close tonight. -Implied move in the options market is only about 2% vs the 4 qtr & 8 qtr avgs of only about 2%. -Stock is up about …