Cisco (NASDAQ: CSCO) reported Q3 EPS of 38 cents.
Robert Baird says: "Good execution in challenging environment after the market close tonight. CSCO is recently down 2 cents to $26.32.
CSCO call option volume of 59,006 contracts compares to put volume of 88,669 contracts. CSCO May 25 straddle is priced at $1.11, below a level of $1.97 just prior to last night's EPS. CSCO June option implied volatility of 28 is below a level of 35 from yesterday and below its 26-week average of 33 according to Track Data, suggesting decreasing price movement.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










