Cisco call volume above normal and directionally bullish
Large call-heavy options flow in CSCO on 2026-06-02: total option volume 4,944 with 4,819 calls and a 0.03 put/call ratio, indicating strong bullish skew.
Options activity in Cisco Systems (CSCO) on 2026-06-02 showed an unusually strong bullish skew. Total option volume was 4,944, consisting of 4,819 calls and 125 puts (put/call ratio 0.03), with total premium $4,855,015.40 and call premium $4,800,517.90. Volume was 1.67× average, in the 89.5th percentile for volume and 94.7th for premium. Notable contracts: 1,380 Jul 17 calls at the 140 strike ($403,925), 1,003 Jul 17 calls at 115 ($1,364,910), and 751 Jun 5 calls at 123 ($272,611). Stock traded at $126.98, up $5.65 (4.66%) on volume 3,740,150. IV30 at 42.92% (IV percentile 89.9) implies an expected move of $9.97 (7.85%) to $136.93/$116.99. Earnings 2026-08-12.