Jabil Circuit Inc. (JBL) opened at 16.45. So far today, the stock has hit a low of 15.38 and a high of 16.45. JBL is now trading at 15.48, down 0.76 (-4.62%). The stock hit its 52 week high of 25.80 in September and set its 52 week low of 9.03 in March. JBL fell for most of the past year, but is showing signs of rebound recently. Shares of Jabil Circuit have been tumbling today with other printed circuits operators dragged down by Celestica Inc. (CLS) which posted disappointing second-quarter revenue, and issued third-quarter guidance below analysts' predictions. Technical indicators for the stock are bullish but slightly deteriorating while S&P gives JBL a neutral 3 STARS (out of 5) hold rating. If you're looking for a hedged play on this stock, consider a September bear-call credit spread above the $17.50 range. JBL stock could rise up to 13% before expiration and this position would still be profitable.

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