Largest option trades in equities
David Russell | firstname.lastname@example.org
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 receives a big vote of confidence
April 6, 2016
The networking giant, which reported bullish results on Feb. 10 and has risen 4 percent in the last three months, was upgraded by JP Morgan yesterday.