May. 8 at 8:47 PM
Cisco Systems saw elevated options activity Friday, with total options volume reaching 101,940 contracts by 8:30 p.m. ET, according to Bloomberg market data.
Call options heavily dominated trading activity, accounting for 82,501 contracts versus 19,439 put contracts, signaling a more bullish tone among traders.
The most active contract was the May 15, 2026
$100 call option, which traded 5,421 contracts and held open interest of 7,072 contracts. Other heavily traded positions included the May 15, 2026
$99 call with 4,817 contracts traded, the May 8, 2026
$96 call with 4,640 contracts, and the May 15, 2026
$95 call with 4,060 contracts.
Longer-dated bullish positioning also appeared in the January 15, 2027
$140 call option, which recorded 2,142 contracts traded despite relatively low open interest, suggesting fresh speculative activity.
The strong preference for call options suggests traders are positioning for potential upside in Cisco shares over both the near and longer term.
$CSCO