ADP Options
Automatic Data Processing Options Chain, Implied Volatility & Greeks
Comprehensive options market data for Automatic Data Processing (ADP). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.
ADP Options at a Glance
What's Covered in This Guide
1 About Automatic Data Processing (ADP)
Automatic Data Processing trades on NASDAQ. Options on ADP are actively traded by retail and institutional investors.
Company Profile
Key Dates
ADP is an actively traded options name in the Payroll Services space.
2 ADP Options Market Overview
ADP options offer very good liquidity for traders seeking exposure to Payroll Services.
Liquidity Assessment: Very Good
ADP options provide very good liquidity for most trading strategies.
3 ADP Volatility Profile
ADP implied volatility reflects market expectations for Automatic Data Processing price movement.
Earnings Impact
IV typically increases before earnings and contracts afterward (IV crush).
Historical Volatility vs IV
Compare IV to historical volatility to assess option pricing relative to realized moves.
Term Structure
Term structure varies with market conditions and upcoming events.
ADP Gamma Exposure (GEX)
Gamma Exposure (GEX) analysis for ADP shows how dealer hedging may impact price behavior.
Typical GEX Profile: GEX profile varies based on market conditions and option positioning.
Key Levels: Major put and call walls at round number strikes may act as support/resistance.
Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.
4 Common ADP Options Strategies
These are strategies commonly used by traders on ADP options, based on typical market characteristics. This is not investment advice.
Used by ADP traders for directional exposure. Very Good liquidity supports efficient execution.
Used by ADP traders for volatility exposure. Very Good liquidity supports efficient execution.
Used by ADP traders for neutral exposure. Very Good liquidity supports efficient execution.
Used by ADP traders for income exposure. Very Good liquidity supports efficient execution.
Used by ADP traders for time-based exposure. Very Good liquidity supports efficient execution.
Key Considerations for ADP Options
- ADP options liquidity: Very Good - affects execution quality
- IV range: 25% - 60% - important for premium selling strategies
- Earnings events can significantly impact IV and option prices
- Consider position sizing based on underlying volatility
- Weekly options available for short-term strategies
- LEAPS available for longer-term positioning
Frequently Asked Questions: ADP Options
What are ADP options?
ADP options are derivative contracts that give you the right to buy (call) or sell (put) Automatic Data Processing shares at a specific price before expiration.
How do I analyze ADP implied volatility?
ADP IV typically ranges from 25% - 35% during quiet periods to 45% - 60% around earnings and major events. Compare current IV to historical ranges to assess relative value.
What is the typical bid-ask spread for ADP options?
ADP options have very good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.
When does ADP report earnings?
Automatic Data Processing typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.
What strategies work best for ADP options?
Popular ADP strategies include vertical spreads, straddles, and iron condors. Strategy selection depends on market outlook and risk tolerance.
What is the best time to trade ADP options?
The most liquid trading hours for ADP options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.
How do I calculate ADP option Greeks?
Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for ADP options across all strikes and expirations.
What happens to ADP options at expiration?
In-the-money ADP options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.
On This Page
ADP Analytics
ADP Key Events
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