Is the Options Market Predicting a Spike in Paycom Stock?

Group 1 - The stock of Paycom Software, Inc. (PAYC) is experiencing significant attention due to high implied volatility in the options market, particularly for the Aug 15, 2025 $120.00 Call option [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant price change or an upcoming event that could lead to a major rally or sell-off [2] - Paycom currently holds a Zacks Rank 3 (Hold) in the Internet - Software industry, which is in the top 30% of the Zacks Industry Rank, with recent earnings estimates showing a decrease from $1.80 to $1.78 per share [3] Group 2 - The high implied volatility for Paycom may indicate a developing trading opportunity, as options traders often seek to sell premium on options with high implied volatility to capture decay [4]