Put Volume Grows on Jabil Circuit (JBL)

Shares of Jabil Circuit Inc. JBL are higher on the session by 0.25%, currently trading at $13.82. The stock has been drifting lower throughout the year and is now trading below both the 50-day and 200-day moving averages. Options traders are favoring the put side today, though action is mixed. Put volume is now running at 5x the daily average, though only 40% of all calls traded have been purchases on the offer. This signals that traders are both selling and purchasing put options today. Jabil Circuit, Inc. is a provider of worldwide electronic manufacturing services and solutions. The Company provides electronics design, production, product management and aftermarket services to companies in the aerospace, automotive, computing, consumer, defense, industrial, instrumentation, medical, networking, peripherals, storage and telecommunications industries.