Cisco Systems Unusual Options Activity For November 23

Cisco Systems Unusual Options Activity For November 23

Someone with a lot of money to spend has taken a bullish stance on Cisco Systems (NASDAQ:CSCO).

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, 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 this whale just did?

Today, Benzinga's options scanner spotted 21 uncommon options trades for Cisco Systems.

This isn't normal.

The overall sentiment of these big-money traders is split between 66% bullish and 33%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $217,515, and 18 are calls, for a total amount of $1,479,754.

What's The Price Target?

Taking …

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