Filed under: Options

J.B Hunt Transport (NASDAQ: JBHT), a truckload, logistics and dedicated transportation services company, closed at $29.10. Wachovia says, “We would use recent weakness in truck stocks to build positions in high quality Truck Loads and Less than Truck Load stocks.” JBHT overall option implied volatility of 46 is near its 26-week average of 44 according to Track Data, suggesting non-directional price fluctuations.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

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