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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: prakash who wrote (2950)	3/11/1998 1:28:00 AM
From: AlienTech	Respond to of 6317

>>The open interest on Mar 35 put was 300+. Today's volume indicates that mostly they are being opened as new ones. Two possibilities: 1. Somebody thinks this stock is going to tank before Mar 21st and has bought a truck load of the puts. 2. Somebody thinks this stock will never see 35 before Mar 21st, so he has sold a truck load of puts. The option volume on the Mar 40 may also indicate that someone could have established a bull spread in which he goes long on the Mar 35 puts and short on Mar 40 puts. << EXCELLENT DEDUCTION Dr.WATSON :) Someone SOLD 1000 MAR 35 puts today @ 13/16 to 7/8!!! Very Bullish or they could use 100k of JBIL shares real bawd.. It was actully a 500 MAR 35 PUT sell @ 13/16 which seems to have startled someone for a few mins cause the next 250 MAR 35 PUT sell was sold @ 7/8 as the stock dropped a tad.