Market Overview

Expert: Cisco's Historical Volatility Percentile Is At 100%

Share:

Speaking to Benzinga, TD Ameritrade Chief Strategist JJ Kinahan said why he thinks Cisco Systems, Inc. (NASDAQ: CSCO) is interesting.

“Nobody thinks that Cisco is a volatile stock. If you look at Cisco’s historical volatility percentile, it’s at 100 percent,” according to Kinahan.

Looking at options activity, on Tuesday, Kinahan saw buyers of weekly options at the $29 strike level and on Wednesday, the weekly $27.50 Calls were most active.

Cisco reports fiscal Q2 earnings after the market close on Wednesday.

Heading into the earnings release, Cisco Systems, Inc. traded at $26.99, down 1.82 percent.

Kevin Riley and Brianna Valleskey contributed to this report.

Latest Ratings for CSCO

DateFirmActionFromTo
Sep 2019Initiates Coverage OnOutperform
Aug 2019MaintainsEqual-Weight
Aug 2019MaintainsNeutral

View More Analyst Ratings for CSCO
View the Latest Analyst Ratings

Posted-In: JJ Kinahan TD AmeritradeAnalyst Color Previews Exclusives Analyst Ratings Trading Ideas Interview

 

Related Articles (CSCO)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
CONEMorgan StanleyMaintains78.5
CCIMorgan StanleyMaintains149.0
AMTMorgan StanleyMaintains216.0
MASSunTrust Robinson HumphreyMaintains48.0
KKRGoldman SachsMaintains35.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

2 Unlikely Year-To-Date ETF Performance Leaders

Why Is Snapchat Facebook's Biggest Fear?