CSCO - I think earnings will move this higher

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!

Trade chiuso manualmente:

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!