Check Out What Whales Are Doing With CSCO
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Cisco Systems (NASDAQ:CSCO), with 64% of detected trades having bearish expectations. Out of the 14 strange trades, 9 are puts totaling $671,054 and 5 are calls totaling $225,211. Whales have been targeting a price range of $27.5 to $57.5 for Cisco Systems over the last 3 months.
June 23, 2023 | 8:04 pm
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A whale investor has taken a bearish stance on Cisco Systems, with 64% of detected trades having bearish expectations. Whales have been targeting a price range of $27.5 to $57.5 for Cisco Systems over the last 3 months.
The article highlights that a whale investor has taken a bearish stance on Cisco Systems, with the majority of detected trades being bearish. This indicates that the investor expects the stock price to decline in the short term. Additionally, the targeted price range of $27.5 to $57.5 suggests that there is potential for significant price movement.
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IMPORTANCE 70
RELEVANCE 100