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.
Walmart's New Health Food Push: Is It Too Hard to Swallow?
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger

