Cisco (CSCO) Offering Possible 27.88% Return Over the Next 27 Calendar Days

This post was originally published on this site

Cisco’s most recent trend suggests a bearish bias. One trading opportunity on Cisco is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 27.88% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $1.09 would be kept by the premium seller. The risk of $3.91 would be incurred if the stock rose above the $57.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Cisco is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Cisco is bearish.

The RSI indicator is at 45.56 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Cisco

Should Zoom Investors Be Worried as Its Customers Go Back to the Office?
Fri, 23 Apr 2021 11:01:00 +0000
Shareholders of Zoom Video Communications (NASDAQ: ZM) have enjoyed a tremendous run over the past year. With businesses looking to get back in the office for in-person meetings, will Zoom be left behind like the pet rock craze from my childhood? On a Fool Live episode recorded on March 31, Fool contributors Toby Bordelon, Brian Feroldi, and Brian Withers discuss what the future could look like for this video conferencing software specialist.

Atlas Purchaser, Inc. (Aspect Software) — Moody’s rates Aspect Software CFR B3
Thu, 22 Apr 2021 16:09:09 +0000
Rating Action: Moody’s rates Aspect Software CFR B3Global Credit Research – 22 Apr 2021New York, April 22, 2021 — Moody’s Investors Service (“Moody’s”) assigned a B3 Corporate Family Rating (“CFR”) to Atlas Purchaser, Inc. (“Aspect Software”), a B2 rating to the first lien debt facilities and a Caa2 to the second lien term loan. The debt will be used along with new and rolled equity to fund private equity firm Abry Partners’ acquisition of Aspect Software, Inc. and Noble Systems Corporation (“Noble”).

Cisco CFO on climate change: ‘It starts with the way we manage our supply chain’
Thu, 22 Apr 2021 16:03:03 +0000
Cisco is committing $100 million to help address climate change. Cisco CFO & EVP Scott Herren joins Yahoo Finance Live to discuss.

NETGEAR (NTGR) Q1 Earnings Top Estimates, Outlook Raised
Thu, 22 Apr 2021 11:50:11 +0000
Improved shipments, accretive paid subscriber base, robust demand environment and solid work-from-home networking market boost NETGEAR’s (NTGR) first-quarter earnings.

Is Zoom Stock A Buy Right Now? Zoom Customer Base The Key To Expanding From Video
Thu, 22 Apr 2021 11:00:29 +0000
Yes, shares in Zoom Video have soared during the coronavirus crisis. But post-pandemic, what’s the outlook for Zoom stock as Wall Street looks ahead? Is ZM stock a buy ahead of earnings?

Be Sociable, Share!

Related Posts