Mixed options sentiment in Cisco (CSCO), with shares down $1.56 near $77.64. Options volume relatively light with 29k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.58. Implied volatility (IV30) is higher by 3.3 points near 25.3,and above the 52wk median, suggesting an expected daily move of $1.24. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at Erste Group.
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