Behind the Scenes of Cisco Systems's Latest Options Trends

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Financial giants have made a conspicuous bearish move on Cisco Systems. Our analysis of options history for Cisco Systems CSCO revealed 8 unusual trades.

Delving into the details, we found 25% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $153,296, and 5 were calls, valued at $180,600.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $45.0 to $65.0 for Cisco Systems over the recent three months.

Insights into 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 $45.0 to $65.0 in the last 30 days.

Cisco Systems Call and Put Volume: 30-Day Overview

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
CSCO PUT SWEEP BEARISH 02/07/25 $0.74 $0.62 $0.61 $60.00 $83.4K 285 13
CSCO CALL SWEEP BEARISH 02/21/25 $1.1 $1.02 $1.02 $62.50 $40.2K 13.5K 509
CSCO CALL SWEEP BEARISH 01/16/26 $4.05 $3.7 $3.7 $65.00 $37.0K 15.3K 120
CSCO PUT TRADE BEARISH 02/07/25 $1.2 $0.0 $1.2 $62.00 $36.0K 455 300
CSCO CALL TRADE NEUTRAL 01/15/27 $29.05 $9.05 $19.5 $45.00 $35.1K 52 18

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 such as 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 employs 80,000 people and sells its products globally.

Current Position of Cisco Systems

  • Currently trading with a volume of 2,099,346, the CSCO's price is down by -3.25%, now at $60.2.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 16 days.

What The Experts Say On Cisco Systems

Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $68.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Citigroup persists with their Buy rating on Cisco Systems, maintaining a target price of $68.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Cisco Systems with Benzinga Pro for real-time alerts.

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