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

To: skidder who wrote (3764)	5/8/1998 2:12:00 PM
From: Rosemary	Read Replies (1) \| Respond to of 6317

Skidder, Nice profit. Doesn't JBL report again in June? What a decision you have.

To: skidder who wrote (3764)	5/8/1998 5:09:00 PM
From: AlienTech	Respond to of 6317

>>I bought june (4)40 calls @ 2 15/16 on 4/23. I have been thinking of taking profit when it goes to 6 15/16. << June calls I would let ride, At this point you will loose the time premium if you sell. Or you can sell May 40's on your jun's and hope you can buy it back cheaper. If I am not sure I usually just sell covered calls on my calls :), Unless I am way off I usually get away with a small profit and no risk. Someone also sold 500 JBLRF JUN 30 puts for 1/2 each.. Thats 5001001/2= 25k profit.. Guess they dont think the stock will be less than 30 by end of june.