Calls Purchased on Jabil Circuit (JBL)

Shares of Jabil Circuit Inc. JBL are lower on the session by 0.33%, currently trading at $13.70. The stock has been drifting lower for the past six months; the stock remains in a technical downtrend. Options traders are betting that the stock may rally from here. Though action has been primarily in small lots, call volume is now running at 3.30x the daily average. Traders are focusing in on the $14, 15, and 17.50 strikes in multiple months. 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.