Cisco's most recent trend suggests a bullish bias. One trading opportunity on Cisco is a Bull Put Spread using a strike $52.50 short put and a strike $47.50 long put offers a potential 11.86% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock dropped below the $47.50 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 37.62 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 Systems (CSCO) Outpaces Stock Market Gains: What You Should Know
Thu, 01 Jul 2021 21:45:09 +0000
Cisco Systems (CSCO) closed the most recent trading day at $53.44, moving +0.83% from the previous trading session.
People Behind CSR at Cisco: How Inclusive Communities Contribute to a Conscious Culture
Thu, 01 Jul 2021 12:46:12 +0000
At Cisco, we have 29 employee resource organizations (EROs) and networks that are part of what we call our “Inclusive Communities.” These employee groups support full-spectrum diversity and foster …
Is Zoom Stock A Buy Right Now? Zoom Phone Growth Accelerates In Business Market
Thu, 01 Jul 2021 12:32:29 +0000
Yes, shares in Zoom Video have soared during the coronavirus crisis. But post-pandemic, what's the outlook for Zoom stock as Wall Street looks ahead? Is ZM stock a buy ahead of earnings?
IBM lands hybrid cloud deal with telcos
Wed, 30 Jun 2021 17:10:38 +0000
IBM has inked hybrid cloud deals with global telecommunication giants, Verizon and Spain’s Telefonica, as the company that created the personal computer aims to build out 5G and edge networks.
Zoom (ZM) to Acquire Real-Time Translation Specialist Kites
Wed, 30 Jun 2021 14:15:02 +0000
Zoom Video (ZM) is set to acquire Karlsruhe Information Technology Solutions – Kites, GmbH in an effort to cater to the growing need for real-time and multi-lingual translations.
Related Posts
Also on Market Tamer…
Follow Us on Facebook