How to play Cisco earning today
Cisco systems is announcing its Q4 earning report at 4:30 P.M E after the market close, in our opinion the best strategy to trade Cisco (CSCO) with a safe way with a target to produce a high return is buying both Call and Put options on the money at strike price around the closing price with an expired date 10 days from today's date. So our trade will be
Buy Call option 31 Aug/26//16 for 79$ premium cost.
Buy Put option 31 Aug/26/16 for 66$ premium cost.
As we see the cost of the spread for both premium is 79+66=145$ . If the stock price move up or down more than 1.45$ for any time next ten days that will be all profit. Happy trading .
Cisco systems is announcing its Q4 earning report at 4:30 P.M E after the market close, in our opinion the best strategy to trade Cisco (CSCO) with a safe way with a target to produce a high return is buying both Call and Put options on the money at strike price around the closing price with an expired date 10 days from today's date. So our trade will be
Buy Call option 31 Aug/26//16 for 79$ premium cost.
Buy Put option 31 Aug/26/16 for 66$ premium cost.
As we see the cost of the spread for both premium is 79+66=145$ . If the stock price move up or down more than 1.45$ for any time next ten days that will be all profit. Happy trading .
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