Update on Cisco Call Option Trade

The call option trade in Cisco will continue. The expectation is still that the option will reach $2.00. The option is currently priced at $0.88. The original cost of the trade was $0.87. The post of the purchase can be found here. Some tidbits from the week are below. The trade expires on September 21st.

- Earnings were great with solid guidance (CNBC story here).
- Chart below showing hitting upper Bollinger Band  (chart provided by ETrade)
- Strong Volume pickup



** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **