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.
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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!