Bullish option flow detected in Cisco (CSCO) with 67,087 calls trading, 2x expected, and implied vol increasing over 2 points to 27.81%. Nov-25 75 calls and Oct-25 71 calls are the most active options, with total volume in those strikes near 35,400 contracts. The Put/Call Ratio is 0.25. Earnings are expected on November 12th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSCO:
- Cisco price target raised to $77 from $73 at Morgan Stanley
- Broadcom Stock (AVGO) Stands as Cisco Rolls Out AI Chip to Connect Scattered Data Centers
- Cisco call volume above normal and directionally bullish
- Unusually active option classes on open October 8th
- Moderate Growth Potential and Conservative Targets Lead to Hold Rating for Cisco Systems