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!

For more details on how to trade Paychex using similar options strategies with as much potential or more, just click here. You'll be directed to the Motley Fool Options Whiz -- our interactive "Options U" designed to teach you to trade options sensibly, with a minimum of risk, and all the resources of The Motley Fool behind you -- all 100% FREE!

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.