Cisco Systems Unusual Options Activity For March 28

Benzinga's options scanner just detected over 18 options trades for Cisco Systems CSCO summing a total amount of $829,708.

At the same time, our algo caught 2 for a total amount of 268,734.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $35.0 to $55.0 for Cisco Systems over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $35.0 to $55.0 in the last 30 days.

Cisco Systems Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
CSCO PUT TRADE BULLISH 05/19/23 $47.50 $242.4K 3.9K 2.4K
CSCO CALL SWEEP BULLISH 07/21/23 $50.00 $81.6K 14.1K 386
CSCO CALL SWEEP NEUTRAL 07/21/23 $50.00 $59.5K 14.1K 694
CSCO CALL SWEEP BULLISH 07/21/23 $50.00 $43.6K 14.1K 970
CSCO CALL TRADE BULLISH 01/17/25 $45.00 $42.0K 3.2K 78

Where Is Cisco Systems Standing Right Now?

  • With a volume of 6,483,448, the price of CSCO is down -0.51% at $50.28.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 50 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Cisco Systems, Benzinga Pro gives you real-time options trades alerts.


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Posted In: OptionsMarketsBZI-UOA