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Technology Stocks : Jabil Circuit (JBL)
JBL 222.23+1.8%Jul 17 5:00 PM EST
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To: BenYeung who wrote (4021)6/8/1998 10:38:00 AM
From: Finder  Read Replies (1) of 6317
 
Looks like the experts expect a 40 close at expiration. 600 June puts and 600 June calls sold.

This would indicate that someone is fairly confident that we will have a 40 closing on June 19.

I guess it could also be someone buying the 40 puts at 4 and buying the calls just in case for upside protection. Earnings come out before options expiration so I guess someone could be betting on another bad conference call.
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