Cisco (CSCO) Example Trade Ahead of 3Q Report

Joe Tigay provides his example trade in Cisco ahead of its quarterly report. He gives the option to sell the June 18 $50 put for $0.90 or to sell the June 18 $50/$45 put spread for $0.70. He says given the market conditions, it's time to take some volatility off.

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Cisco (CSCO) Example Trade Ahead of 3Q Report

Joe Tigay provides his example trade in Cisco ahead of its quarterly report. He gives the option to sell the June 18 $50 put for $0.90 or to sell the June 18 $50/$45 put spread for $0.70. He says given the market conditions, it's time to take some volatility off.