PAYX
Paychex IncPrices and gamma are point-in-time snapshots taken at the time shown. Dealer positioning is an assumption, not an observable: open interest shows that a contract exists, never which side a dealer holds. How dealer gamma is computed.
LIVE MARKET SNAPSHOT
| Call Wall | 120 |
| Put Wall | 115 |
| GEX Flip | 110 |
| Vol Trigger | 115 |
| Net GEX | $2.9M |
Cached snapshot as of 2026-09-16 06:05 UTC, live streaming data in the terminal.
PAYX DEALER GAMMA BY STRIKE
Part of the SquawkFlow GEX Calculator: gamma by strike for any US stock. Compare with SPX GEX.
Net gamma exposure at each strike near PAYX's spot price, signed from the dealer perspective, calls positive, puts negative. Green strikes are where hedging tends to dampen moves; red is where it tends to amplify them. Dealer positioning is an assumption rather than an observable, so treat these as a map of where hedging pressure concentrates, not a forecast.
Unit: USD of dealer gamma per 1 percent move in spot. A window of the PAYX option chain, not the whole book: the 30 strikes nearest spot out of 35 seen, 516 contract rows spanning 9 expirations. Gamma is taken as the chain publishes it per contract; nothing here is re-priced. Crossed with the open interest carried on that chain.
New to these levels? Start with the call wall and put wall, or the zero gamma level where the sign of dealer hedging flips.
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 45 | $0 | $0 | $0 | |
| 50 | $0 | $0 | $0 | |
| 55 | $0 | $0 | $0 | |
| 60 | $0 | $0 | $0 | |
| 65 | $0 | $0 | $0 | |
| 70 | $0 | $0 | $0 | |
| 75 | $0 | $0 | $0 | |
| 80 | $0 | $0 | $0 | |
| 85 | -$2.4K | $0 | -$2.4K | |
| 90 | $0 | $0 | $0 | |
| 95 | $0 | $0 | $0 | |
| 100 | -$70.5K | $0 | -$70.5K | |
| 105 | -$29.3K | $0 | -$29.3K | |
| 110GEX FLIP | $80.6K | $284.9K | -$204.3K | |
| 115PUT WALL | $616.6K | $1.4M | -$751.1K | |
| 120SPOTCALL WALL | $203.9K | $1.7M | -$1.5M | |
| 125 | $1.5M | $1.5M | $0 | |
| 130 | $0 | $0 | $0 | |
| 135 | $372.7K | $372.7K | $0 | |
| 140 | $199.2K | $199.2K | $0 | |
| 145 | $0 | $0 | $0 | |
| 150 | $0 | $0 | $0 | |
| 155 | $0 | $0 | $0 | |
| 160 | $0 | $0 | $0 | |
| 165 | $0 | $0 | $0 | |
| 170 | $0 | $0 | $0 | |
| 175 | $0 | $0 | $0 | |
| 180 | $0 | $0 | $0 | |
| 185 | $0 | $0 | $0 | |
| 190 | $0 | $0 | $0 |
These levels were captured September 16, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
ABOUT PAYX
Paychex provides payroll, HR, and benefits outsourcing solutions primarily for small and medium-sized businesses. Services include payroll processing, retirement plan administration, insurance, and HR management software. The company serves approximately 740,000 clients.
WHY TRACK PAYX ON SQUAWKFLOW
PAYX options flow tracks small business health and employment trends. As a SMB-focused payroll provider, client growth and retention rates signal economic conditions. Interest on client funds creates rate sensitivity positioning in options.
PAYX DATA ON SQUAWKFLOW
Options Flow
PAYX options flow, unusual activity, and volume concentrations from the session chain
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Last PAYX price, change, volume, and the current dealer-gamma regime
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PAYX gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of PAYX market microstructure in real time
News Sentiment
PAYX news with AI sentiment scoring and impact analysis
Sector Context
Finance sector rotation and relative strength vs peers
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