Best Covered Calls for Paychex, Inc. (PAYX) — Up to 2.33% Premium Yield
Paychex, Inc. · PAYX · Covered Call · Updated Sep 12, 2026
Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for human resources, payroll processing, employee benefits, and insurance services for small to medium-sized businesses in the United States, Europe, Canada, India, and Israel. It offers technology and advisory solutions; and payroll tax administration services. Highlighted near-term covered calls on Paychex, Inc. (PAYX) reach up to 2.33% annualized yield (1.04% avg on top strikes in the tables below).
View PAYX chartEarnings soon: Sep 23, 2026 (11 days). Calendar
Top Covered Calls
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $125.00 | Oct 16 | 34 | 0.26 | $1.98 | 1.16% | 34 | Open |
| $120.00 | Oct 16 | 34 | 0.40 | $3.60 | 2.33% | 33 | Open |
| $150.00 | Oct 16 | 34 | 0.11 | $1.18 | 0.78% | 26 | Open |
| $130.00 | Oct 16 | 34 | 0.15 | $0.95 | 0.46% | 3 | Open |
| $155.00 | Oct 16 | 34 | 0.08 | $0.75 | 0.48% | 3 | Open |
Key Metrics
Financial Performance
Covered calls snapshot
Insights
Top pick
Best covered calls for Paychex, Inc. (PAYX): $125.00 strike expiring Oct 16, 2026, 1.16% yield.
Implied volatility
Average IV for Paychex, Inc. (PAYX) is 47.0% (elevated)— favorable for premium sellers.
How to use this page
- Review Paychex, Inc. (PAYX) fundamentals — Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
- Open the screener for Paychex, Inc. (PAYX) — Open our Covered Calls screener with PAYX pre-loaded and optional 14-day or 30-day DTE filters.
- Compare and execute — Refine yield, delta, and IV in the screener, then place the trade in your broker.
Analysis
Our analysis of Paychex, Inc. (PAYX) covered calls shows average premium yield of 1.04% and peaks at 2.33%. Average implied volatility is 47.0% (peak 64.0%), indicating elevated volatility for premium sellers. Paychex, Inc. (PAYX) operates in the Technology sector within the Software - Application industry, earning an overall score of 3. Use the tables below to compare strike, DTE, and delta before opening the full screener.
FAQ
What are the best covered calls for Paychex, Inc. (PAYX)?
The best covered calls for Paychex, Inc. (PAYX) reach up to 2.33% annualized yield (1.04% average on top strikes). Compare strike, DTE, delta, and IV in the tables below, then open the screener for full filters.
What are Paychex, Inc. (PAYX)'s fundamentals for covered calls?
For Paychex, Inc. (PAYX), key fundamentals include last price $115.79, P/E 23.7, market cap $41.2 Billion, Technology sector, WSO rating B+, analyst consensus Hold. Fundamentals help you judge assignment risk and premium richness before selling options.
How do I find covered calls for Paychex, Inc. (PAYX)?
Use our Covered Calls screener with Paychex, Inc. (PAYX) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (47.0% avg IV on this page).
What is the average premium yield for Paychex, Inc. (PAYX) covered calls?
Average premium yield for Paychex, Inc. (PAYX) covered calls is 1.04%, with top contracts up to 2.33%. Yields move with strike, expiration, and IV (avg 47.0%, peak 64.0%).
Is Paychex, Inc. (PAYX) a good stock for covered calls?
Paychex, Inc. (PAYX) offers covered calls with yields up to 2.33%. WSO rates it B+. It is in Technology. IV is elevated—weigh premium income vs. assignment and earnings risk.
What expiration dates are available for Paychex, Inc. (PAYX) covered calls?
Top contracts on this page use medium-term expirations. Filter any DTE in the screener for Paychex, Inc. (PAYX).
How does implied volatility affect Paychex, Inc. (PAYX) covered calls?
IV drives option premiums: Paychex, Inc. (PAYX) averages 47.0% IV (peak 64.0%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.