Shares of Jabil Circuit, Inc. (JBL) are up .42 to 16.09 today.? JBL is at the bottom of the 52 week range.
Today paper traded 1,105 JBL Dec 16 calls for .25.? The ADV is 2,632 contracts.? The OI is 5,900 contracts.
The volume went up in one block with over 6,000 calls trading on the day.? There could be some short covering as JBL traded up over 16.5 today. There was heavy volume in Dec 20 puts too.? There looks to be some speculation on more upside.? IV is up 20 points in Dec today with 1 day to go.
30-day implied volatility is 33%.? ?10-day implied volatility is 119%.? 30-day implied volatility is trading below the 10-day historical volatility.
Jabil Circuit, Inc. (Jabil), is a providers of worldwide electronic manufacturing services and solutions.