CSCO options flow: unusual options activity in Cisco Systems, Inc.

Updated 28 September 2026, 09:54 ET

Over the last week the tape recorded 141 unusual options prints in Cisco Systems, Inc. (CSCO), $10.4M of tracked premium, close to even between bullish and bearish premium. Bullish premium was $4.7M against $4.1M bearish; $7.9M went into calls and $2.5M into puts, a put call ratio of 0.32. The largest print was $549K of CSCO 19 Mar 2027 $140 calls on 22 September 2026, swept at bid. The last session with prints, 25 September 2026, added 29 prints and $2.1M of premium. CSCO closed at $106.70 on 25 September 2026, down 0.3%.

This week's unusual flow

Unusual prints141
Tracked premium$10.4M
Net premium+$671K
Bullish premium$4.7M
Bearish premium$4.1M
Call premium$7.9M
Put premium$2.5M
P/C ratio0.32
Sweeps43%
Size over OI22
Whale prints0
High conviction14

Prints from 21 September 2026 to 25 September 2026, 5 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.

Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.

Largest prints of the week

DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
22 Sep 2026CSCO 19 Mar 2027 $140 callsSweep1,9983,839$549KAt bidBearishHigh conviction
24 Sep 2026CSCO 25 Sep 2026 $107 putsSweep2,584870$455KAt bidBullishHigh conviction
21 Sep 2026CSCO 16 Oct 2026 $70 callsTrade100227$396KAt bidBearish
22 Sep 2026CSCO 15 Jan 2027 $72.50 callsSweep1091,672$364KAt askBullishHigh conviction
22 Sep 2026CSCO 16 Jun 2028 $100 putsTrade2000$276KAt bidNeutralNotable
25 Sep 2026CSCO 15 Jan 2027 $100 callsSweep2007,805$267KAbove askBullishHigh conviction
23 Sep 2026CSCO 20 Nov 2026 $95 putsSweep9852,356$212KAt bidBullishNotable
24 Sep 2026CSCO 17 Jun 2027 $85 putsTrade500506$200KAt bidBullishNotable
22 Sep 2026CSCO 15 Jan 2027 $72.50 callsTrade591,672$197KAt askBullishNotable
25 Sep 2026CSCO 16 Oct 2026 $70 callsTrade50227$184KAt bidBearishNotable
24 Sep 2026CSCO 17 Sep 2027 $90 putsSweep262110$174KAt bidBullishHigh conviction
23 Sep 2026CSCO 19 Mar 2027 $90 putsSweep4451,769$171KAt askBearishNotable

Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.

Where the money is aimed

ExpiryPrintsPremiumCalls shareNet premium
15 Jan 202720$2.0M97%+$940K
16 Oct 202627$1.9M92%-$428K
20 Nov 202621$1.4M82%+$10K
19 Mar 20277$939K66%-$752K
18 Dec 202615$785K97%-$130K
25 Sep 20267$687K34%+$410K

The most premium, $2.0M, is aimed at the 15 Jan 2027 expiry; the nearest expiry with unusual prints is 25 Sep 2026.

A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.

The last session, 25 September 2026

Prints29
Premium$2.1M
Net premium+$211K
P/C ratio0.00
Sweeps52%
DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
25 Sep 2026CSCO 15 Jan 2027 $100 callsSweep2007,805$267KAbove askBullishHigh conviction
25 Sep 2026CSCO 16 Oct 2026 $70 callsTrade50227$184KAt bidBearishNotable
25 Sep 2026CSCO 15 Jan 2027 $100 callsSweep1007,805$131KAt bidNeutral
25 Sep 2026CSCO 23 Oct 2026 $114 callsSweep1,06937$128KAt askNeutralNotable
25 Sep 2026CSCO 20 Nov 2026 $110 callsSweep2023,407$116KAt midpointNeutralNotable

Every print in CSCO with its full detail, the live tape, one tap filters and saved screeners: open CSCO in Options Sentiment Screener.

Price

Last close$106.70
Day-0.25%
1 week-2.57%
1 month-5.04%
3 months-6.21%
1 year+58.50%
52 week high$130.37
52 week low$66.81
Volume19,951,981
Market cap$421.7B

The live quote and the price chart sit beside the ticker's flow in the app: open CSCO in Options Sentiment Screener.

Analysts

The most recent analyst targets on file, from 14 firms, have a median of $135, 26.5% above the last close. The last 90 days brought 1 downgrade.

Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.

About Cisco Systems, Inc.

Exchange
Nasdaq
Sector
Information Technology
Industry
Computer Hardware
Headquarters
San Jose, California
Website
cisco.com

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry. It provides infrastructure platforms, including networking technologies of switching, routing, wireless, and data center products. The company also offers collaboration products comprising unified communications, Cisco TelePresence, and conferencing, as well as the Internet of Things and analytics software.

In the same sector

Flow pages for other Information Technology names in the S&P 500:

NVDA NVIDIA Corp.AAPL Apple Inc.MSFT Microsoft Corp.AVGO Broadcom Inc.MU Micron Technology Inc.AMD Advanced Micro Devices Inc.INTC Intel Corp.PLTR Palantir Technologies Inc.

Learn

The live tape for CSCO with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.

Open CSCO in Options Sentiment Screener