CSCO - I think earnings will move this higher

13 May 2020

CSCO, strong company, great fundamentals, earnings coming today.

My play was to enter some cheap calls with long expiration to avoid theta, I chose the $42.50 October calls.

Thanks!

15 May 2020

İşlem elle kapatılmış

Nice move up on this one, as we thought it would bounce.

Closed out our calls here today on the bounce up for a nice gain of about a 40% gain!