Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 251.29

-0.7%

Jan 16 9:30 AM EST

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To: Johnny Canuck who wrote (4088)	6/15/1998 11:28:00 AM
From: Finder	Read Replies (1) of 6317

Big action is June 35 and 40 puts. (120 and 370 respectively) causes option market maker to short stock to cover. We have seen this trade continue all month, and it has decimated this stock. UPDATE 11:28 June 40 now at 510, big volume. Option players must like this illiquid stock with high volatility that they can push around like they do. UPDATE 11:32 June 40 put volume now 1000. Continues to put pressure on stock.

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