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EleganceTrader

Buy put options

Short
Paychex, Inc. (NASDAQ:PAYX)  
EleganceTrader Updated   
NASDAQ:PAYX   Paychex, Inc.
Beyond Technical Analysis
1
0
beyondta
Buy July $65 put options today, before the earnings tomorrow.

It can go down to $60-$63.

Buying put option instead of shorting the stock limits the risk.

Good luck to everyone.
Comment:
It is down but not as much as I hoped for.

Closing the position with a small profit.
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