Cisco's most recent trend suggests a bullish bias. One trading opportunity on Cisco is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 26.58% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock dropped below the $45.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cisco is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Cisco is bullish.
The RSI indicator is at 30.84 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Cisco
Cisco, Tariffs Delay, Weak China Data, ViacomCBS, Apple – 5 Things You Must Know
Wed, 14 Aug 2019 05:32:00 +0000
U.S. stock futures decline a day after the U.S. said it would hold off on levying tariffs on Chinese imports, including consumer products such as cellphones, laptops and toys; Cisco and Macy's report earnings; CBS and Viacom merge to form a $30 billion media giant; Tilray sinks after posting a wider-than-expected quarterly loss.
Todd Gordon's Cisco Options Trade
Tue, 13 Aug 2019 21:50:13 +0000
On CNBC's “Trading Nation,” Todd Gordon of TradingAnalysis.com suggested a bullish options trading idea in Cisco Systems, Inc. (NASDAQ: CSCO ). Gordon sees support for the stock in the $51 region. …
Trade War Updates, CSCO Preview & Time to Buy RH Stock | Free Lunch
Tue, 13 Aug 2019 18:21:06 +0000
Did the global economic picture just turn more positive on U.S.-China trade war news? This episode of Free Lunch also takes a look at what to expect from Cisco (CSCO) and Macy's (M) earnings, and why RH is a Zacks Rank 1 (Strong Buy) stock.
Day Ahead – Top 3 Things to Watch
Tue, 13 Aug 2019 18:13:00 +0000
Investing.com – Here’s a preview of the top 3 things that could rock markets tomorrow.
Cisco’s Revenues Grow by Leveraging India’s Digitization
Tue, 13 Aug 2019 18:08:54 +0000
To increase its presence in India, Cisco is partnering with Google to connect people to the Internet via Google’s gStation project in Bengaluru.
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