Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 197.06

+0.2%

Nov 24 3:59 PM EST

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To: Harley Morgan who wrote (2327)	12/19/1997 1:57:00 PM
From: prakash	Read Replies (1) of 6317

The open interest on JQBMF is 92 as of yesterday. The volume today is about 742. If someone was bearish about this stock he could have bought these options yesterday at 1/2. Either this person was short on JBIL and wrote covered put (Fenton, was that you?) and collected the premium or somebody wrote naked puts by either saying this stock is not going to 30 or by saying I'm interested in picking up this stock at 30. Eitherway he wanted to make some quick buck with today's market action and JBIL's quick drop. I guess this is only bullish sign on JBIL. JMHO Prakash

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