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


To: Rosemary who wrote (4327)7/17/1998 10:17:00 AM
From: Finder  Read Replies (2) | Respond to of 6317
 
Clearly option day again and the bad news is that Jabil has become one of the favorites of the option players to jerk around.

Clear pressure to have it expire at 35.

Bad news is that a 10,000 share block can drive the price down 1/2 point or more since volume is so low. Option actovoty remains high, thus option MM can push stock around to maximize profits.