Moderately bullish activity in Cisco (CSCO), with shares up 34c, or 0.49%, near $68.39. Options volume relatively light with 46k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.52. Implied volatility (IV30) is higher by 0.4 points near 27.18,and above the 52wk median, suggesting an expected daily move of $1.17. Put-call skew flattened, suggesting a modestly bullish tone.
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