Replies to post #1509 on Cisco Systems Inc (CSCO)

[curvetrader]

I think it is cheap and those should be good, Just beware of a possible rate increase.

[hogdog]

JAN 12 Calls are better (my opinion)if you think its going up !!!

April 11 options mean that your gonna have to get out pretty quick the greeks will kill ya on these options if CSCO doesnt move, if it consolidates, or worse goes down, it could very well be an option value trap if it doesnt go your way, there cheap for a reason,,, it wont be long either that the OI will start to drop if not already that'll kill ya too, I have not checked your options condition but you better for what ever you buy, I would not look any short timed options for CSCO. (again my opinion).

I also think this was a bit overdone, what was different about them crying about public municipalities from the first time, THEY ARE IN A STOCK BY BACK as well,,, this only helps them in the long run.

As always due you own due dilligence, and if you fell dizzy get headaches, drip blood from your ears, nose, eyes, liver trying to pop out ya bellybutton, kidneys playing the cocaratcha, erecting longer that 4 hours, dont call your doctor, its the crap you have to deal with when trading the market. GLTY.

[Porgie Tirebiter]

After the last earnings dive, I struck gold with MAR 18s. I plan to try and repeat the act once CSCO stabilizes.

I'm not so sure about near month out of the money calls. Look at it this way: April 22 creates the stock at $22.08 and the Delta is only .096, the stock will have to move ten cents before the call will gain one cent. You are going to have a very difficult time making money unless CSCO moves a lot higher very quickly.

I'm looking at JUL 16s. You create your position in CSCO at $19.15 and the Delta is .82, you'll make more money with a lot less risk. The theta (time decay) is .003 on both of those calls right now, and July gives you three more months to be right.

[hogdog]

The longer CSCO drops the more your APR calls become more of a value trap and people soon will exit these option, keep in mind at this point this stock NEEDS A REASON to go up, so time is of the essence in tradeing this thing in options (my opinion)
GLTY