Financial giants have made a conspicuous bullish move on Cisco Systems. Our analysis of options history for Cisco Systems (NASDAQ:CSCO) revealed 12 unusual trades.

Delving into the details, we found 66% of traders were bullish, while 16% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $511,394, and 6 were calls, valued at $407,137.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $60.0 for Cisco Systems during the past quarter.

Analyzing Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Cisco Systems's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Cisco Systems's whale trades within a strike price range from $40.0 to $60.0 in the last 30 days.

Cisco Systems Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About Cisco Systems

Current Position of Cisco Systems

• Trading volume stands at 8,312,634, with CSCO's price down by -0.43%, positioned at $47.31.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 43 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cisco Systems options trades with real-time alerts from Benzinga Pro.