I would like to enter into this quality stocks but for now it is to expensive for me. Paychex made a new 52w high today (the bar is not looking healthy) but i decided to sell a put dec2024 @ 100 as strike price.
Payx is looking little overvalued but i am willing to buy a position into this stock @100.
The only thing i need to learn from this trade to have a better look to the options spreads. I got only 37 $ per contract and i need to learn from my mistakes.
Nevertheless i got some money and will monitor this stock, time will tell the story.