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Paychex, Inc. (PAYX) · wheel strategy $99.01

Day -1.8% · RSI 25 · Live · 15-min delayed · as of 10:55 AM ET

IV rank · 1 year25
Year lowYear high

Implied vol 29%.

Sellers are paid the gap between implied and realized volatility. Cboe research puts the long-run S&P 500 gap near 4 points.

Fair valueNo fair value yet

No fair value yet for this stock. Add your own mark in Rules → Fair values, or wait for the engine's valuation run.

  • Quality gates✓ Pass
  • Under fair value–
  • Market cap$35B
Next earningsSep 23Last ex-dividendJul 28
Closest put · nothing clears the default rules today

PAYX 95P · Nov 20

46 days · Δ0.33 · $2.73 mid · 23.5% annualized · 72% probability of profit

Score38
IV rank257.6 pts
Return6917.3 pts
Liquidity00.0 pts
Safety00.0 pts
Timing9013.5 pts
Strike on the chart
Checklist
Value ?SizeRed dayOversoldSupport
ValueRequired rule, metRed daySignal on todaySupportAlmostOversoldNot today
  • Under fair value (required rule)
  • Position under limit (required rule)0.0% of account · required to stay under 5% ✓
  • Big red day-1.8% today · lit at -2.0% or lower ◐
  • OversoldRSI 25 · lit at 30 or under ✓
  • Near support1% above support $98.00 · lit within 3% ✓

Live · 15-min delayed. Default rules, not yours.

Rule-based setup from your own filters in Wheelhouse Trader. Not a recommendation.

Score it with your own rules.

Score it with your own rules