PAYX as of Nov 1 · 21:35 ET

PAYXNasdaqServices-Engineering, Accounting, Research, Management

Paychex Inc · Brief

Next report

46 days

Dec 18 · before openest.Q2 FY27

Earnings

Expected move

Inputs

±5.0%implied · report alone

106.46117.78

straddle ±9.2%

spot 112.12exp Dec 18ATM strike 110ATM straddle 12.13IV 37%

Oct 30 closereport share · term structure

Expected move

Inputs

Implied vs realized

8 reportsHistory

2 of 8≥ implied

avg implied: ±5.7%
avg realized: ±4.0%

Dec 19 '24±5.3%▲+1.44%×0.27

Mar 26 '25±4.5%▲+4.20%×0.94

Jun 25 '25±5.4%▼−9.40%×1.74

Sep 30 '25±5.1%▼−1.38%×0.27

Q2 FY26±4.8%▼−1.72%×0.36

Q3 FY26±7.6%▲+3.03%×0.40

Q4 FY26±7.0%▼−1.72%×0.25

Q1 FY27±6.2%▼−8.77%×1.42

quarterimplied−10%0+10%realized×

Q1 FY27±6.2%▼−8.77%×1.42

Q4 FY26±7.0%▼−1.72%×0.25

Q3 FY26±7.6%▲+3.03%×0.40

Q2 FY26±4.8%▼−1.72%×0.36

Sep '25±5.1%▼−1.38%×0.27

Jun '25±5.4%▼−9.40%×1.74

2 older reports

Mar '25±4.5%▲+4.20%×0.94

Dec '24±5.3%▲+1.44%×0.27

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Dec 18 report · est.

Bull2

1,540broad manager participation across quarterly filings13F · Jun 30 '26

+74.91%net increase among the largest reporting managers' reported shares13F · Jun 30 '26

Bear2

10 of 24a sizable share of top managers reduced their holdings last quarter13F · Jun 30 '26

1.00%largest disclosed fund holding amounts to only a small share of that etfN-PORT · Aug 31 '26

AI captions · Sep 28 '26once per report · top 2 per case

Linked exposure

PAYX report session

No linked exposure.

Latest changes

30 daysAll changes

No changes.

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.