10:30am (EST)

We have a classic name that popped up on the radar yesterday with shares on the verge of a possible breakout. We could have additional trades coming so stay locked-and-loaded.

New Trade!

Cisco Systems (CSCO, $51.31, up $0.28)

Buy to Open CSCO October 52.50 calls (CSCO241018C00052500, $0.40, down $0.10)

Action: We like these call options at current levels and you can use a Limit Order up to 65 cents to get the best fills. These are the CSCO October 52.50 calls that expire on October 18th, 2024.