Group 1 - Investors have taken a bearish stance on Cisco Systems, with a notable split in sentiment among large traders, showing 38% bullish and 53% bearish positions [2][3] - Recent options activity revealed 13 uncommon trades, with a total of $1,073,192 in puts and $471,666 in calls, indicating significant interest in the stock [1][2] - The predicted price range for Cisco Systems over the last three months has been targeted between $25.0 and $105.0 [3] Group 2 - The mean open interest for Cisco Systems options trades is 2,186.09, with a total volume of 2,661.00, reflecting liquidity and interest in the stock [4] - A 30-day overview of call and put volume indicates ongoing trading activity, with specific trades showing both bullish and bearish sentiments [5][7] - Cisco Systems is the largest provider of networking equipment globally and has a significant presence in software and cybersecurity markets, employing 80,000 people worldwide [8] Group 3 - An expert from Morgan Stanley maintains an Overweight rating on Cisco Systems, with a target price of $91.0, reflecting positive outlook despite current trading patterns [9][10] - Current trading volume stands at 8,150,706, with the stock price at $76.49, showing a slight increase of 0.59% [11]
Spotlight on Cisco Systems: Analyzing the Surge in Options Activity - Cisco Systems (NASDAQ:CSCO)