Skip to main content

Market Overview

Dan Nathan's Cisco Systems Trade


On CNBC's Options Action, Dan Nathan spoke about a contrarian bet on Cisco Systems, Inc. (NASDAQ: CSCO).

He showed the performance of the stock in the last 15 years on a chart and concluded that it looks really bad. The stock is trading at a lower forward price-to-earnings multiple in comparison to other laggards in the Dow Jones Index. Nathan added that Cisco Systems looks like a coiled spring and it could spike to $40 in no time, but the CEO should be replaced with someone who can tell the story for this company.

Nathan would make a bullish bet in this name by purchasing the July 30 call options for $0.70 or the January 2016 30 calls for $1.20.


Related Articles (CSCO)

View Comments and Join the Discussion!

Posted-In: CNBC Dan Nathan Options ActionLong Ideas Options Markets Media Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
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.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
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