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.