Bearish flow noted in Cisco (CSCO) with 11,320 puts trading, or 1.7x expected. Most active are Sep-25 55 puts and Mar-25 65 calls, with total volume in those strikes near 10,200 contracts. The Put/Call Ratio is 5.11, while ATM IV is up over 2 points on the day. Earnings are expected on May 14th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSCO:
- Sector Spotlight: Nvidia stresses strong Blackwell demand in Q4 earnings report
- Citi ups Cisco price target after Nvidia earnings report
- AI Daily: Chegg files lawsuit against Google over AI search tool
- Cisco expands partnership with Nvidia for AI-driven data center networks
- Cisco exec Subaiya sells 8,973 common shares
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue