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.
財力雄厚的投資者對思科系統(納斯達克股票代碼:CSCO)採取了看跌態度,這是市場參與者不容忽視的事情。我們對本辛加公共期權記錄的追蹤今天揭示了這一重大舉措。這些投資者的身份仍然未知,但CSCO如此重大的舉動通常表明即將發生重大事件。
今天,當Benzinga的期權掃描儀重點介紹了思科系統的16項非同尋常的期權活動時,我們從觀察中收集了這些信息。這種活動水平與衆不同。
這些重量級投資者的總體情緒存在分歧,37%的人傾向於看漲,62%的人傾向於看跌。在這些值得注意的期權中,有5個是看跌期權,總額爲286,452美元,11個是看漲期權,總額爲635,454美元。
目標價格是多少?
分析這些合約的交易量和未平倉合約,大型企業似乎一直在關注思科系統在過去一個季度的價格範圍從45.0美元到57.5美元不等。
分析交易量和未平倉合約
就流動性和利息而言,今天思科系統期權交易的平均未平倉合約爲13271.92,總交易量爲20,779.00。
在下圖中,我們可以跟蹤過去30天思科系統公司在45.0美元至57.5美元的行使價區間內進行大額看漲期權和看跌期權交易的交易量和未平倉合約的變化。
過去 30 天的思科系統期權交易量和未平倉合約
值得注意的期權活動:
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 |
關於思科系統
思科系統公司是全球最大的網絡設備提供商,也是世界上最大的軟件公司之一。其最大的業務是銷售網絡硬件和軟件(佔據領先的市場份額)以及防火牆等網絡安全軟件。它還提供協作產品,例如Webex套件和可觀察性工具。它主要將其製造外包給第三方,並擁有龐大的銷售和營銷人員,在90個國家擁有25,000名員工。思科的員工總數爲 80,000 名,其產品在全球範圍內銷售。
在研究了思科系統的期權交易模式之後,我們的注意力現在直接轉向了該公司。這種轉變使我們能夠深入研究其目前的市場地位和表現
思科系統的現狀
思科系統的專業分析師評級
上個月,3位專家公佈了該股的評級,平均目標價爲54.3333333333336美元。
B of A Securities的一位分析師表現出樂觀的態度,將其評級上調至買入,目標股價爲60美元。
摩根大通的一位分析師已將其評級下調至中性,將目標股價調整爲53美元。
Exane BNP Paribas的一位分析師已將其立場提高至中性,將新的目標股價定爲50美元。
與僅交易股票相比,期權是一種風險更高的資產,但它們具有更高的獲利潛力。嚴肅的期權交易者通過每天自我教育、擴大交易規模、關注多個指標以及密切關注市場來管理這種風險。