wwwPosted Nov 6th 2007 10:09AM by Paul Foster
Filed under: Cisco Systems (CSCO), Options
Cisco Systems (NASDAQ: CSCO) will report 1Q EPS 36c on Nov. 7 according to Thomson First Call.
RBC Capital Markets says: "Considering potential lumpiness in some US enterprise verticals, we would rather wait for a better entry point."
CSCO November option implied volatility is at 51, December is at 38, above its 26-week average of 31 according to Track Data, suggesting larger risk.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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