MomentumOptions.com New Trade (CSCO) for 7/29/2021

2:45pm (EST)

I have a new trade today on a stock that recently made a 52-week peak and is showing signs of breaking out to higher highs.

New Trade!

Cisco Systems (CSCO, $55.24, up $0.46)

Buy to Open CSCO August 57 calls (CSCO210820C00057000, $0.65, up $0.13)

Action: I like these call options at current levels and you can use a Limit Order up to 75 cents to get the best fills. These are the regular CSCO August 57 calls that expire on August 20th, 2021.