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Investors in Paylocity Holding Corp (PCTY) have new options trading available this week, with contracts set to expire in May 2026. This includes a put contract at a $160.00 strike price, currently bid at $13.20, offering potential purchasers a reduced cost basis of $146.80 per share, compared to the current trading price of $163.88. The chances of this put contract expiring worthless stand at 63%.
Additionally, a call contract at a $175.00 strike price has a bid of $14.00. If shares are purchased at $163.88, selling this call contract could yield a total return of 15.33% at expiration. This call is currently out-of-the-money by approximately 7%, with a 50% chance of expiring worthless.
The implied volatility for the put contract is 37%, while the call contract’s implied volatility is 35%. The actual trailing twelve month volatility is calculated at 30% based on closing values over the last 250 trading days.
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