The following video is part of our "Motley Fool Conversations" series, in which Motley Fool senior technology analyst Eric Bleeker and options advisor Jeff Fischer discuss their favorite stocks.

In today's edition, Jeff and Eric look at how to profit creatively on Paychex. Eric loves Paychex's business model and future prospects, but he's worried that the stock might not be cheap enough. Jeff outlines a creative way to use options to capture all of the upside on Paychex, mitigate risk, and still realize a large return. If the strategy Jeff discusses seem interesting to you, be sure to check out the Options Whiz free learning material we're publishing for options month here at The Motley Fool. Fool on!

Jeff Fischer and Eric Bleeker do not own shares of the companies listed above. Motley Fool newsletter services have recommended buying shares of Automatic Data Processing and Paychex. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.