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Cisco call volume above normal and directionally bullish

Bullish option flow detected in Cisco with 12,755 calls trading, 1.2x expected, and implied vol increasing over 1 point to 17.14%. Jan-24 50 puts and 2/23 weekly 54 calls are the most active options, with total volume in those strikes near 8,500 contracts. The Put/Call Ratio is 0.52. Earnings are expected on February 14th.

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