Notable Monday Option Activity: EL, JBL, MS

Jabil Inc (JBL) options are exhibiting high trading volume, reaching 50.5% of its average daily trading volume, with notable activity in the $200 strike call option expiring June 20, 2025. Similarly, Morgan Stanley (MS) options volume is elevated at 48.5% of its average, driven by significant interest in the $65 strike put option expiring December 17, 2027, suggesting increased hedging or speculative activity in both stocks.

Analysis

Jabil Inc. (JBL) is experiencing a notable surge in options trading activity, with 5,441 contracts traded, equivalent to approximately 544,100 underlying shares and representing a significant 50.5% of its average daily share volume of 1.1 million. Particularly active is the $200 strike call option expiring June 20, 2025, which has seen 1,214 contracts change hands, corresponding to roughly 121,400 shares; this long-dated call activity suggests potential bullish sentiment or strategic positioning. Concurrently, Morgan Stanley (MS) options volume has also been substantial, with 24,271 contracts traded, representing approximately 2.4 million underlying shares, or 48.5% of its average daily volume of 5.0 million shares. The most significant activity for MS is concentrated in the $65 strike put option expiring December 17, 2027, with 9,600 contracts traded, covering about 960,000 shares, indicating potential hedging or bearish speculation over an extended timeframe for the financial services firm. The elevated options volumes in both JBL and MS, particularly in these specific long-dated contracts, point to increased strategic positioning by market participants rather than immediate-term reactions, given the distant expiration dates.

Key Decisions for Investors

• Investors should monitor the open interest and subsequent price action in Jabil Inc. (JBL), particularly around the $200 strike for the June 2025 calls, to assess the conviction and potential impact of this bullish positioning on the stock.
• For Morgan Stanley (MS), the considerable volume in far-dated $65 strike puts expiring December 2027 warrants careful observation, as it may indicate institutional hedging strategies or a long-term bearish outlook that could influence risk assessment for the stock.
• Given the significant options activity relative to average daily share volumes for both companies, investors should be prepared for potential increases in stock price volatility or be alert to these flows as indicators of shifting sentiment or strategic institutional plays.