Big players in the financial realm have made a bold move, showcasing bullish sentiments towards Cisco Systems. Our deep dive into the options history of Cisco Systems (NASDAQ:CSCO) unveiled 9 noteworthy trades.
Upon further analysis, the data revealed that 55% of traders exhibited bullish tendencies, while 44% leaned towards bearish sentiments. Of the trades identified, 4 were puts with a total value of $217,671, and 5 were calls valued at $302,832.
Exploring Predicted Price Range
Based on recent trading activities, it seems that significant investors are eyeing a price range ranging from $27.5 to $50.0 for Cisco Systems in the foreseeable future.
Volume & Open Interest Trends
Understanding the volume and open interest is crucial in options trading. These metrics provide insights into the liquidity and investor interest in Cisco Systems options at various strike prices. The data reflects fluctuations in volume and open interest for both calls and puts corresponding to Cisco Systems trades, with strike prices ranging from $27.5 to $50.0 over the past 30 days.
Visual Representation of Cisco Systems Option Volume and Open Interest Over the Last 30 Days
Identification of Significant Options Trades
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CSCO | PUT | SWEEP | BEARISH | 03/21/25 | $4.05 | $3.95 | $4.05 | $47.50 | $119.0K | 786 | 6 |
| CSCO | CALL | SWEEP | BEARISH | 10/18/24 | $1.26 | $1.21 | $1.21 | $50.00 | $98.2K | 8.2K | 930 |
| CSCO | CALL | TRADE | BULLISH | 01/17/25 | $3.3 | $3.3 | $3.3 | $47.50 | $66.0K | 6.9K | 402 |
| CSCO | CALL | TRADE | BULLISH | 01/17/25 | $3.3 | $3.25 | $3.3 | $47.50 | $66.0K | 6.9K | 2 |
| CSCO | CALL | TRADE | BULLISH | 09/20/24 | $1.9 | $1.83 | $1.9 | $47.50 | $47.1K | 8.6K | 391 |
About Cisco Systems
Cisco Systems stands as the largest provider of networking equipment globally and is one of the leading software firms worldwide. Its core businesses include selling networking hardware, software with substantial market shares, cybersecurity solutions such as firewalls, collaboration products like the Webex suite, and observability tools. With a distribution network spanning 90 countries, Cisco employs 80,000 individuals and operates across the globe.
Following a detailed examination of the options activity related to Cisco Systems, our focus shifts to an in-depth review of the company’s current market performance.
Cisco Systems’s Current Market Status
- Recording a volume of 21,134,011, CSCO’s price sits at $46.62, experiencing a slight downturn of -1.62%.
- RSI indicators suggest the stock is currently in a neutral zone, oscillating between overbought and oversold conditions.
- The next earnings announcement is slated for release in 12 days.
Options trading presents higher profit potential compared to regular stock trading, albeit with increased risks. Seasoned options traders mitigate these risks through continual education, strategic trade scaling, monitoring multiple indicators, and diligent market observation.
For the latest updates on Cisco Systems options trades, a real-time options trades alert service like Benzinga Pro could prove invaluable.