Buying PAYX call contracts.
Paychex Inc. (PAYX) offers HR services for small and medium sized businesses. The company claims to pay 1 out of every 12 private sector workers.
As the labor market continues to heat up and the labor force participation grows, PAYX profits should increase.
After a pullback to start the year, PAYX is poised to break to a new all-time high. This strong trend could accelerate if the overall market begins to rebound.
- Buy (to open) 5 PAYX May 20th $125 Calls
- Limit $17.00 or less
- The new position will represent roughly 7.5% of our Spec Model capital
~~~~~~~ - 10:22 Executed
- Bot 5 PAYX May 20th $125 Calls @ $16.30