Jabil Inc (Symbol: JBL) introduced new options contracts, set to expire on May 29th. Notably, a put contract at the $285.00 strike price has a current bid of $14.00, allowing investors to potentially purchase shares at an effective cost basis of $271.00, representing a 6.5% discount from the current trading price of $289.71. The probability of this put contract expiring worthless is estimated at 59%.
On the call side, a contract at the $295.00 strike price is available with a bid of $15.50. If executed as a covered call, the total return for investors at expiration could reach 7.18%, with a 50% chance of expiring worthless, allowing investors to keep both their shares and the premium collected. The implied volatility for the put contract stands at 45%, while the call contract is at 44%.
Jabil’s actual trailing volatility, based on the previous 250 trading days, is calculated at 39%. Investors should consider these options strategies based on the company’s performance and market conditions.
