Cisco Systems Sees $5.8M Bullish Options Sweep as Stock Trades Near 52-Week Highs

By TrendSpider Editor

Cisco Systems (CSCO) is drawing attention in the options market Monday, with traders deploying over $6.18 million in total premium across three unusual contracts, the largest being a deep in-the-money call sweep worth $5.83 million at the $97.5 strike. The stock is currently trading at $111.60, down

Cisco Systems Sees $5.8M Bullish Options Sweep as Stock Trades Near 52-Week Highs

Cisco Systems (CSCO) is drawing attention in the options market Monday, with traders deploying over $6.18 million in total premium across three unusual contracts, the largest being a deep in-the-money call sweep worth $5.83 million at the $97.5 strike. The stock is currently trading at $111.60, down a modest 0.30% on the session, and sits in the upper half of its 52-week range of $65.75 to $130.37. The outsized options activity suggests at least some institutional participants are positioning for continued strength into the fall.

Key Drivers of the CSCO Stock Move

Looking ahead, the concentration of call activity in the August and September expiry windows suggests options traders are watching for a catalyst in the near term. Cisco has been navigating a technology landscape shaped by AI infrastructure spending and networking demand, themes that have broadly supported large-cap tech through mid-2026. With the stock trading well above its 52-week low of $65.75 but still roughly 14% below its 52-week high of $130.37, there is room for a push higher if broader market conditions remain constructive. The $113 call strike also serves as a near-term resistance level to watch, as a move through that level would put those contracts further in the money ahead of the August 21 expiration.

CSCO Unusual Options Activity

Total unusual contracts flagged: 3. Total premium: $6,182,618.60. The dominant directional lean is bullish, with call premium representing the overwhelming majority of total flow. The single put contract, while in the money, accounts for less than 1.1% of total premium deployed.

CSCO Seasonality

July and August have historically represented a transitional period for Cisco ahead of its fiscal year-end reporting cycle, often bringing increased options activity as traders position around earnings catalysts and forward guidance updates. The clustering of expirations in August and September aligns with this seasonally active window for CSCO options.

CSCO Relative Performance

CSCO is down 0.30% on the session at $111.60, a relatively contained move compared to the broader volatility that can accompany unusual options flows of this size. The stock remains well above its 52-week low of $65.75, reflecting substantial gains over the past year, though it has not yet reclaimed its 52-week high of $130.37. The modest intraday decline suggests the options activity has not yet translated into a directional price move, leaving the near-term setup dependent on whether broader market sentiment or a company-specific catalyst emerges to validate the bullish positioning.

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