Analysts have been raising price targets for Cisco Systems (CSCO), which is set to report fiscal Q4 earnings on Aug. 12 (after the market close). CSCO stock has been trading in a range for a while now. Shorting one-month out-of-the-money (OTM) puts and calls is an attractive play that has worked well for investors.
CSCO closed at $121.43 on Friday, which is roughly where it was two months ago. For example, on June 1, it closed at $121.33. That was just two weeks after its last earnings release on May 13.
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#csco
CSCO closed at $121.43 on Friday, which is roughly where it was two months ago. For example, on June 1, it closed at $121.33. That was just two weeks after its last earnings release on May 13.
Complacency in Gold May Be Hiding the Next Big Move
Advanced Micro Devices Dips on Lower FCF, But Short Put Plays Attract Value Investors
Option Volatility And Earnings Report For Aug 10-14
#csco
11 hours ago