Filed under: Cisco Systems (CSCO), Options

Cisco Systems (NYSE: CSCO) is scheduled to report Q2 EPS on February 6.

CSCO closed at $25 Friday.

Alex Brown says: “Current trends solid, guidance is the question, Reit Buy.”

CSCO February 25 straddle is priced at $1.85. CSCO March option implied volatility of 37 is above its 26-week average of 33 according to Track Data, suggesting larger movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

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