Shareholders of Paycom Software Inc (PAYC) can enhance their income by selling a June 2026 covered call at a $250 strike, receiving a premium of $30.60, which could yield an additional 13.3% return annually based on the current stock price of $233.31. If the stock is called, the total return, including dividends, could reach 20.5%, assuming a 7.4% price increase to $250.
The trailing twelve-month volatility for Paycom is calculated at 39%. On Monday, mid-afternoon trading showed a total of 1.55 million call options versus 810,397 put options among S&P 500 components, resulting in a put:call ratio of 0.52, indicating a strong preference for calls compared to the long-term median of 0.65.
