Largest option trades in equities
David Russell | [email protected]
Cisco Systems (CSCO): Some 15,000 January 22 calls were purchased, mostly for $2.78, as investors look for upside in the tech giant. CSCO rose 0.23 percent to $24.37.
Nokia (NOK): Almost 17,000 April 5 calls were purchased, mostly for $1.57, as investors position for continued upside in the Finnish company. NOK rose 0.80 percent to $6.29.
Pfizer (PFE): A block of 17,265 December 25 puts was bought for $0.19 as investors brace for downside in the drug maker. PFE fell 0.35 percent to $28.61.
Cisco draws bearish trade after results
August 18, 2016
The networking giant is up 15 percent in the last three months but last night reported bearish quarterly numbers and announced layoffs.