Whales with a lot of money to spend have taken a noticeably bearish stance on Cisco Systems.Looking at options history for Cisco Systems (NASDAQ:CSCO) we detected 11 trades.If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 54% with bearish.From the overall spotted trades, 2 are puts, for a total amount of $107,124 and 9, calls, for a total amount of $474,726.Predicted Price RangeTaking into account the Volume and Open In ...

Investors with a lot of money to spend have taken a bearish stance on Cisco Systems (NASDAQ:CSCO).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CSCO, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner sp ...

Core Insights - Deep-pocketed investors are adopting a bearish approach towards Cisco Systems, indicating potential significant market movements ahead [1] - The options activity for Cisco Systems shows a divided sentiment among investors, with 35% bullish and 40% bearish [2] - Significant investors are targeting a price range for Cisco Systems between $32.5 and $80.0 over the past three months [3] Options Activity Summary - The recent options activity for Cisco Systems has been extraordinary, with 20 notable options trades identified [2] - Among these trades, 4 are puts totaling $170,591, while 16 are calls amounting to $708,563 [2] - The analysis of volume and open interest provides insights into liquidity and investor interest in Cisco's options within the specified strike price range [4] Market Performance and Analyst Opinions - Cisco Systems is recognized as the largest provider of networking equipment globally and a major software company, with significant market shares in networking hardware, software, and cybersecurity [11] - Recent analyst opinions suggest an average target price of $88.2 for Cisco Systems, with various analysts maintaining different ratings and target prices ranging from $76 to $100 [13][14] - The current stock price of Cisco Systems is $77.43, reflecting a slight increase of 0.06% with a trading volume of 10,022,272 [16]