Cisco Systems Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Cisco Systems (NASDAQ:CSCO) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 52% bullish and 47% bearish. The whales have been targeting a price range from $45.0 to $70.0 for Cisco Systems over the last 3 months. The price of CSCO is currently down -0.63% at $52.59.
October 23, 2023 | 4:31 pm
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Unusual options activity indicates a significant bullish stance on Cisco Systems. The target price range is $45.0 to $70.0. The current price is down -0.63% at $52.59.
The unusual options activity, with a significant bullish stance, indicates that large investors are expecting the price of Cisco Systems to increase. This could potentially drive the stock price up in the short term. However, the current price is down -0.63% at $52.59, which might indicate some market uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100