Big Gainer Alert: Trading today’s 7.7% move in JABIL INC $JBL

Quantchabot has detected a promising Bull Call Spread trade opportunity for JABIL INC (JBL) for the 15-Sep-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

JBL was recently trading at $111.15 and has an implied volatility of 26.68% for this period. Based on an analysis of the options available for JBL expiring on 15-Sep-2023, there is a 34.24% likelihood that the underlying will close within the analyzed range of $111.48-$118.42 at expiration. In this scenario, the average linear return for the trade would be 10.09%.

Big 7.68% Change: After closing the last trading session at $103.22, JABIL INC opened today at $108.95 and has reached a high of $111.20.

Trade approach: A movement as big as 7.68% is a significantly bullish indicator, so this trade is designed to be profitable if JBL maintains its current direction and does not revert back to pricing on the bearish side of $111.15 on 15-Sep-2023. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bullish strategy, the trade would be profitable if JABIL INC closes at or above $111.30 on 15-Sep-2023. Based on our risk-neutral analysis, there is a 51.03% likelihood of this return.

Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.






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