Unpacking the Latest Options Trading Trends in Cisco Systems
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Cisco Systems (NASDAQ:CSCO) show a bullish sentiment among financial giants, with 66% of traders being bullish. The options activity suggests a price range of $40.0 to $57.5. Cisco's stock is currently priced at $53.22, with analysts setting a target price of $60.0.
September 30, 2024 | 8:15 pm
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Cisco Systems has seen a bullish trend in options trading, with 66% of traders showing positive sentiment. The stock is currently priced at $53.22, with a target price of $60.0 set by analysts. The options activity suggests a price range of $40.0 to $57.5.
The article highlights a bullish sentiment in options trading for Cisco Systems, with a significant portion of trades being calls. This suggests investor confidence in the stock's upward potential. The current stock price is close to the upper end of the predicted range, and analysts have set a higher target price, indicating potential for short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100