JBLJabil Inc.
JBL Options Overview
IV is elevated. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
JBL Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 91.1% — elevated vs history
IV/HV 1.22x — IV premium over HV
Sector percentile 67% — above sector median
Front/Back 0.90x — contango
Put/Call IV 1.16x — elevated
ATM IV 52.6% — normal range
Effective IV 72.8% (ATM 52.6% + spread 10.1% + bias) — fair
Total drag 16.52% (spread 10.10% + slippage 6.42%) — high friction
Vega efficiency 33.69 (vega 34.029 / spread 10.10%) — efficient
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: +10% (neutral) — Raw: +7%
|OI skew| 20.6% — call-heavy
Vol skew -20.9%, OI skew +20.6% — divergent (opposite)
0-DTE 10%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +13%, ATM: -3%, OTM: +12% — neutral (ITM/ATM divergent)
Sector P/C percentile 79% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.6x avg — normal
Vol/OI 2.1% — normal turnover
1 day(s) elevated — may be one-day event
OI change -4.3% (5d) — unwinding
Sector activity percentile 24% — below sector avg
Large trade volume 0% — mostly retail
Aggressive execution 37% — patient
Conviction +10 (bullish) — mixed
Liquidity
Can I trade efficiently?
Evaluates
Spread 10.1% — wide
OI 39,000 — adequate
Volume 817/day — adequate
$0.51 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 67% — wider than sector
Depth 17.4 contracts (bid:10.7 ask:6.7) — thin
Avg slippage 6.42% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -10.3% — contango
IV percentile 91% — seller opportunity
IV kink -6.4pts — no clear event
θ/ν ratio 94.24 — favors income trades
4 liquid expirations — flexible
caution advised: Earnings in 19d (low risk); FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow +10% @ 55% consistency — unclear
Score 30 (ITM 20% + inst 0%) — retail dominated
Directional Strategy Fit
For educational purposes only. Not investment advice.
The Options Desk tracks the move options price into every US earnings report the week of Sep 7, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.