Deep-pocketed investors have adopted a bearish approach towards Cisco Systems (NASDAQ:CSCO), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CSCO usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 16 extraordinary options activities for Cisco Systems. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 37% leaning bullish and 62% bearish. Among these notable options, 5 are puts, totaling $286,452, and 11 are calls, amounting to $635,454.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $45.0 to $57.5 for Cisco Systems during the past quarter.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Cisco Systems options trades today is 13271.92 with a total volume of 20,779.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Cisco Systems's big money trades within a strike price range of $45.0 to $57.5 over the last 30 days.
Cisco Systems Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|
CSCO | CALL | TRADE | BEARISH | 07/19/24 | $0.48 | $0.46 | $0.46 | $52.50 | $139.3K | 17.1K | 10 |
CSCO | PUT | SWEEP | BEARISH | 01/17/25 | $5.3 | $5.2 | $5.3 | $52.50 | $106.0K | 6.6K | 300 |
CSCO | CALL | SWEEP | BEARISH | 01/17/25 | $0.88 | $0.86 | $0.86 | $57.50 | $91.9K | 11.0K | 2.6K |
CSCO | PUT | SWEEP | BULLISH | 05/17/24 | $2.06 | $2.05 | $2.05 | $50.00 | $71.1K | 9.3K | 646 |
CSCO | CALL | SWEEP | BEARISH | 05/17/24 | $0.79 | $0.76 | $0.76 | $50.00 | $59.5K | 32.3K | 3.1K |
About Cisco Systems
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.
Having examined the options trading patterns of Cisco Systems, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Cisco Systems
- With a trading volume of 9,690,146, the price of CSCO is up by 1.3%, reaching $48.69.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 2 days from now.
Professional Analyst Ratings for Cisco Systems
In the last month, 3 experts released ratings on this stock with an average target price of $54.333333333333336.
- Showing optimism, an analyst from B of A Securities upgrades its rating to Buy with a revised price target of $60.
- An analyst from JP Morgan has revised its rating downward to Neutral, adjusting the price target to $53.
- An analyst from Exane BNP Paribas has elevated its stance to Neutral, setting a new price target at $50.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
财力雄厚的投资者对思科系统(纳斯达克股票代码:CSCO)采取了看跌态度,这是市场参与者不容忽视的事情。我们对本辛加公共期权记录的追踪今天揭示了这一重大举措。这些投资者的身份仍然未知,但CSCO如此重大的举动通常表明即将发生重大事件。
今天,当Benzinga的期权扫描仪重点介绍了思科系统的16项非同寻常的期权活动时,我们从观察中收集了这些信息。这种活动水平与众不同。
这些重量级投资者的总体情绪存在分歧,37%的人倾向于看涨,62%的人倾向于看跌。在这些值得注意的期权中,有5个是看跌期权,总额为286,452美元,11个是看涨期权,总额为635,454美元。
目标价格是多少?
分析这些合约的交易量和未平仓合约,大型企业似乎一直在关注思科系统在过去一个季度的价格范围从45.0美元到57.5美元不等。
分析交易量和未平仓合约
就流动性和利息而言,今天思科系统期权交易的平均未平仓合约为13271.92,总交易量为20,779.00。
在下图中,我们可以跟踪过去30天思科系统公司在45.0美元至57.5美元的行使价区间内进行大额看涨期权和看跌期权交易的交易量和未平仓合约的变化。
过去 30 天的思科系统期权交易量和未平仓合约
值得注意的期权活动:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|
CSCO | CALL | TRADE | BEARISH | 07/19/24 | $0.48 | $0.46 | $0.46 | $52.50 | $139.3K | 17.1K | 10 |
CSCO | PUT | SWEEP | BEARISH | 01/17/25 | $5.3 | $5.2 | $5.3 | $52.50 | $106.0K | 6.6K | 300 |
CSCO | CALL | SWEEP | BEARISH | 01/17/25 | $0.88 | $0.86 | $0.86 | $57.50 | $91.9K | 11.0K | 2.6K |
CSCO | PUT | SWEEP | BULLISH | 05/17/24 | $2.06 | $2.05 | $2.05 | $50.00 | $71.1K | 9.3K | 646 |
CSCO | CALL | SWEEP | BEARISH | 05/17/24 | $0.79 | $0.76 | $0.76 | $50.00 | $59.5K | 32.3K | 3.1K |
关于思科系统
思科系统公司是全球最大的网络设备提供商,也是世界上最大的软件公司之一。其最大的业务是销售网络硬件和软件(占据领先的市场份额)以及防火墙等网络安全软件。它还提供协作产品,例如Webex套件和可观察性工具。它主要将其制造外包给第三方,并拥有庞大的销售和营销人员,在90个国家拥有25,000名员工。思科的员工总数为 80,000 名,其产品在全球范围内销售。
在研究了思科系统的期权交易模式之后,我们的注意力现在直接转向了该公司。这种转变使我们能够深入研究其目前的市场地位和表现
思科系统的现状
思科系统的专业分析师评级
上个月,3位专家公布了该股的评级,平均目标价为54.3333333333336美元。
B of A Securities的一位分析师表现出乐观的态度,将其评级上调至买入,目标股价为60美元。
摩根大通的一位分析师已将其评级下调至中性,将目标股价调整为53美元。
Exane BNP Paribas的一位分析师已将其立场提高至中性,将新的目标股价定为50美元。
与仅交易股票相比,期权是一种风险更高的资产,但它们具有更高的获利潜力。严肃的期权交易者通过每天自我教育、扩大交易规模、关注多个指标以及密切关注市场来管理这种风险。