Cisco (CSCO) In-The-Money Call Options Show Unusual Volume

September 30, 2013 2:58 PM EDT
Cisco Systems (Nasdaq: CSCO) options are seeing a little bit of action Monday wit the stock up 0.7 percent on the session.

Call options at the $15 and $18 strike for January 2014 expiry have volume of 68,480 and 80,007 contracts, respectively. Those numbers trump anything else going on for the name.

Shares of Cisco recently slipped below its 20-day SMA. Shares dropped lower in August following Q4 results and guidance. For more color, click here.


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