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Barchart
Barchart
Mark R. Hake, CFA

Cisco Systems Stock Is Treading Water - How to Use Puts and Calls to Play CSCO

CSCO Barchart OTM

Cisco Systems, Inc. (CSCO) generated strong free cash flow (FCF) in Q3, and there is every indication that it will continue. But CSCO stock has been flat. Shorting out-of-the-money puts and buying in-the-money calls are two good ways to play CSCO.

CSCO stock closed at $78.02 on December 12, which is close to a month ago on November 26 ($76.07). Moreover, based on a survey of 15 analysts by AnaChart.com, it could be worth $90.39, or over 15% higher.

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