Paychex Inc PAYX 118.71 3.06 2.65%
Expected move
November 04, 2026 close · $118.71| Horizon | Expected move | Typical range | 2 in 3 closes | 9 in 10 closes |
|---|---|---|---|---|
| Next session | ±1.6% ±$1.90 | $116.81 – $120.61 | $116.42 – $121.00 | $114.63 – $122.79 |
| 2 sessions | ±2.2% ±$2.65 | $116.06 – $121.36 | $115.50 – $121.92 | $113.00 – $124.42 |
| 3 sessions | ±2.8% ±$3.34 | $115.37 – $122.05 | $114.73 – $122.69 | $111.61 – $125.81 |
| 1 week | ±3.6% ±$4.24 | $114.47 – $122.95 | $113.52 – $123.90 | $109.68 – $127.74 |
| 2 weeks | ±5.0% ±$5.95 | $112.76 – $124.66 | $111.35 – $126.07 | $106.02 – $131.40 |
| 3 weeks | ±6.2% ±$7.36 | $111.35 – $126.07 | $109.56 – $127.86 | $103.15 – $134.27 |
| 1 month | ±7.4% ±$8.77 | $109.94 – $127.48 | $107.75 – $129.67 | $100.11 – $137.31 |
Earnings: priced against what happened
Average implied move
±5.37%
Average actual move
1.44%
Beyond the implied move
0 / 1
Median IV change
-22.22%
| Reaction session | Implied | Actual | Used | ATM IV before → after |
|---|---|---|---|---|
| December 19, 2024 | ±5.37% | +1.44% | 0.27× | 29.6% → 20.2% |