Whales with a lot of money to spend have taken a noticeably bullish stance on Cisco Systems.
Looking at options history for Cisco Systems CSCO we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $231,887 and 8, calls, for a total amount of $381,855.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $30.0 to $55.0 for Cisco Systems during the past quarter.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Cisco Systems stands at 4814.67, with a total volume reaching 1,232.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Cisco Systems, situated within the strike price corridor from $30.0 to $55.0, throughout the last 30 days.
Cisco Systems Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CSCO | PUT | TRADE | BULLISH | 03/21/25 | $9.35 | $8.85 | $8.85 | $55.00 | $164.6K | 317 | 0 |
| CSCO | CALL | SWEEP | BEARISH | 06/20/25 | $17.8 | $17.4 | $17.8 | $30.00 | $89.0K | 3 | 0 |
| CSCO | PUT | SWEEP | BEARISH | 09/19/25 | $3.8 | $3.7 | $3.8 | $45.00 | $67.2K | 237 | 0 |
| CSCO | CALL | SWEEP | BULLISH | 01/16/26 | $17.8 | $17.0 | $17.8 | $30.00 | $64.1K | 81 | 64 |
| CSCO | CALL | SWEEP | BULLISH | 01/16/26 | $17.8 | $17.65 | $17.8 | $30.00 | $60.6K | 81 | 34 |
About Cisco Systems
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.
After a thorough review of the options trading surrounding Cisco Systems, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of Cisco Systems
- Trading volume stands at 1,740,705, with CSCO's price down by -0.19%, positioned at $46.75.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 13 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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