Investors in Jabil Inc (NYSE: JBL) saw new options trading commence today for the October 30th expiration. Significant contracts include a put option at a $300.00 strike price, currently bid at $19.20, allowing investors to effectively reduce their purchase price to $280.80 if exercised. This price represents approximately a 1% discount from the current trading price of $304.07, with a 58% chance of the put expiring worthless, potentially yielding a 6.40% return or an annualized 46.72%.
On the call options side, a contract with a $310.00 strike price is bid at $20.60. If an investor buys shares at $304.07 and sells this call, they could achieve an 8.72% return if the stock is called away, excluding dividends. The chance of this call expiring worthless stands at 49%, which could provide a 6.77% additional return or an annualized 49.46%. The implied volatility for the put is 53%, while that for the call is 54%.
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