Cisco's most recent trend suggests a bullish bias. One trading opportunity on Cisco is a Bull Put Spread using a strike $51.00 short put and a strike $46.00 long put offers a potential 13.38% 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 $51.00 by expiration. The full premium credit of $0.59 would be kept by the premium seller. The risk of $4.41 would be incurred if the stock dropped below the $46.00 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 69.95 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
15 Most Valuable Technology Companies in the World
Thu, 01 Apr 2021 11:06:32 +0000
In this article, we are going to talk about the 15 most valuable technology companies in the world. You can skip our detailed discussion about the technology industry and go to the 5 Most Valuable Technology Companies in the World. The prescient words of legendary venture capitalist Marc Andreessen come to mind when one sees the […]
AT&T SD-WAN And Cisco Extend Remote Work Support, FISMA Compliance For Government Agencies
Wed, 31 Mar 2021 19:32:06 +0000
AT&T Inc (NYSE: T) continues to develop its AT&T SD-WAN capabilities, incorporating novel features from Cisco Systems Inc (NASDAQ: CSCO) to support remote workers and FISMA (Federal Information Security Modernization Act) compliance for government agencies. AT&T SD-WAN with Cisco's Teleworker solution offers SD-WAN remote working capabilities utilizing the employee's existing home internet connection and layers on the full SD-WAN stack with one piece of hardware. It provides policy-based SD-WAN service while meeting FISMA criteria for system security and risk management for public sector customers. Additionally, AT&T SD-WAN with Cisco offers co-managed options, including the ability to control and manage their business application policies while relying on AT&T for configuration, fault, and performance management. AT&T SD-WAN with Cisco Teleworker solution accentuates security while ranking the business's applications over non-business traffic. Price action: T shares traded lower by 1.63% at $30.24, and CSCO shares traded lower by 0.37% at $51.96. on the last check Wednesday. See more from BenzingaClick here for options trades from BenzingaComscore, Newsmax Ink Digital Audience Measurement AgreementFacebook Rolls Out Feed Control Features Following Hate Speech, Misinformation Backlash© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We must find a way to pay for infrastructure: US Concrete CEO
Wed, 31 Mar 2021 18:41:36 +0000
U.S. Concrete CEO Ronnie Pruitt weighs in on the infrastructure plan from president Biden.
March Madness on Wall Street: stocks to watch
Wed, 31 Mar 2021 17:01:08 +0000
Yahoo Finance’s Zack Guzman and Akiko Fujita brings March Madness to the stock market with Ross Gerber, Gerber Kawasaki Wealth & Investment Management CEO & President and Ryan Payne, Payne Capital Management President.
Johnson Controls CEO on taking action against climate change
Wed, 31 Mar 2021 14:03:35 +0000
Johnson Controls CEO George Oliver joins Yahoo Finance for an exclusive interview about the company’s science-based emission reduction target approval, and business outlook.
Related Posts
Also on Market Tamer…
Follow Us on Facebook