Sponsored By:

Jabil (JBL)

September 30, 2008

Dear Fellow Options Trader,

Jabil (JBL) makes electronics products for a variety of tech industries and companies. Its recent earnings report included networking sales that now make up 21% of its revenue; industrial, instrumentation and medical products accounted for 19%; consumer peripheral electronics totaled 13%; and computing and storage made up 12%.

The stock has been in a monster tail spin since September. It dropped 50% and began looking for the bottom, but it hasn't really found it, yet.

The HeatSeeker has lit up with the JBL Dec 12.50 Calls (JBLLV) purchased for 50 cents, 55 cents and now 60 cents on nearly 13,000 contracts.

You can play this by establishing the JBL Dec 10-12.50 (JBLLB/JBLLV) bull-call spread for a net debit of 50 cents or better. You can buy the Dec 10 Calls for approximately $1.05 and at the same time sell an equal number of the Dec 12.50 Calls for approximately 55 cents. Remember the prices you pay for each leg of the trade don't matter, provided you can get on the board for a net debit of 50 cents or less.

Or if you're all right investing a little more capital, just buy the JBL Dec 12.50 Calls outright for (JBLLV) up to 70 cents.

The volatility is high and the turn took some time on the previous rally, but the call buying and the charts in March look remarkably similar to today!

Good luck and good trading!


Jon "Doctor J" Najarian
Editor
ChangeWave Options Trader