Cisco call volume above normal and directionally bullish
The Fly

Cisco call volume above normal and directionally bullish

Bullish option flow detected in Cisco with 22,709 calls trading, 1.2x expected, and implied vol increasing almost 5 points to 39.46%. Oct-24 52 calls and Aug-24 52.5 calls are the most active options, with total volume in those strikes near 7,100 contracts. The Put/Call Ratio is 0.66. Earnings are expected on August 14th.

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