Cisco Systems Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Options trading for Cisco Systems (NASDAQ:CSCO) shows a bearish sentiment among major investors, with 80% of trades being bearish. The stock is currently trading at $53.02, with a potential price range of $45.0 to $57.5. Analysts have an average target price of $60.0.
September 26, 2024 | 8:46 pm
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Cisco Systems is experiencing a bearish sentiment in options trading, with 80% of trades being bearish. The stock is currently trading at $53.02, with a potential price range of $45.0 to $57.5. Analysts have an average target price of $60.0.
The options trading data shows a strong bearish sentiment with 80% of trades being bearish. This suggests that significant investors expect the stock price to decrease in the short term. The current trading price is $53.02, and the expected price range is $45.0 to $57.5, indicating potential downward pressure. However, analysts have a target price of $60.0, which could provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100