Paycom (PAYC) Protective Put Calculator
Calculator · free · no signup · PAYCPrice a protective put, zero-cost collar, or put spread on Paycom. Annual cost, max loss, upside cap, tax treatment, auto-filled from current PAYC option chain.
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You priced one hedge. The beta picks the right hedge structure given your full equity stack and tax situation.
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About Paycom
Paycom (PAYC) is a public Cloud/SaaS company, incorporated in Delaware and headquartered in Oklahoma City, OK.
Equity grants at Paycom typically include restricted stock units (RSUs).
Paycom Software, Inc., known simply as Paycom, is an online payroll and human resource software provider based in Oklahoma City, Oklahoma, with offices throughout the United States. It is attributed with being one of the first fully online payroll providers. Founded in 1998, it reported annual revenue of $2.052 billion for 2025, up from $1.883 billion for 2024.
Source: Wikipedia (CC BY-SA 4.0)
Chad Richison founded the company in Oklahoma City in 1998 as one of the first payroll providers built for online delivery. Its differentiator is a single database covering payroll, time, benefits, and hiring, sold on the argument that stitched-together systems create reconciliation errors. Beti, launched in 2021, pushes payroll review onto employees themselves, an unusual bet that reduced the company's own service revenue in the short run. Sales run through a direct outside force organized by territory, and the company retains high margins for the sector.
Sources: paycom.com · en.wikipedia.org
Equity comp at Paycom
- RSUs use single-trigger vesting: shares become yours as each portion vests on schedule, and the value is taxed as ordinary income at that point. No IPO or acquisition is required.
Researched 2026-08-17.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Paycom.
A protective put caps your downside on the PAYC position at a chosen floor; a zero-cost collar pays for that floor by capping the upside. This calculator prices both structures off the current PAYC option chain, with annual cost, max loss, and tax-treatment notes.
All Paycom tools → · Use the generic Protect Your Stock Calculator for any company.
Paycom equity questions
- How much does it cost to hedge PAYC stock?
- The cost of a protective put depends on how far below the current price you set the floor, how long the protection lasts, and PAYC's option-implied volatility. A zero-cost collar lowers that cost by selling away some upside. The calculator above prices both structures off the current PAYC option chain and shows the annual cost, maximum loss, and tax treatment.
- Does Paycom grant ISOs, NSOs, or RSUs?
- Equity compensation at Paycom typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
- Do Paycom RSUs use double-trigger vesting?
- No. Paycom restricted stock units (RSUs) use single-trigger vesting: each tranche becomes yours as it vests on schedule, taxed as ordinary income at that point, with no liquidity event required.
One piece of the puzzle.
OptionsAhoy plans your Paycom equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.