Cisco call volume above normal and directionally bullish

Bullish option flow detected in Cisco with 163,906 calls trading, 6x expected, and implied vol increasing over 1 point to 27.81%. 10/25 weekly 56 calls and Oct-24 55 calls are the most active options, with total volume in those strikes near 47,700 contracts. The Put/Call Ratio is 0.12. Earnings are expected on November 13th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue