Paychex Inc. (PAYX)

PAYX trades at $124.61, 4.1% below the near-term max pain of $130 expiring Oct 17, 2025 (14 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($110-$150), signaling increased put positioning or downside protection. Key magnetic zone at 130 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PAYX shows a downward trend from 150 to 110, indicating bearish sentiment or hedging activity. The 30% spread signals divergent expectations across timeframes. Most levels above 124.61 could support dips. Strong magnetic level at 130 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.