Cisco Systems (CSCO) Options Chain

NASDAQ: CSCOTelecommunicationsComputer Communications EquipmentUSD

118.39+3.50 (+3.05%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 15, 2028
Days to expiration: 796
Share price: $118.39
Put/call ratio (OI): 0.60
Put/call ratio (volume): 0.39
ATM implied volatility: 37.6%
Expected move: ±$65.69
Open interest (C / P): 3.73K / 2.25K

CSCO options summary

The CSCO options chain for the December 15, 2028 expiration lists 24 call and 18 put contracts, with 796 days until expiration. Open interest stands at 3,728 calls and 2,249 puts, a put/call ratio of 0.60, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $120.00 strike is 37.6%, which implies the market expects a move of about ±$65.69 (55.5%) in Cisco Systems stock by expiration.

The most open interest sits at the $140.00 call (1.54K contracts) and the $120.00 put (1.18K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CSCO options chain · December 15, 2028

CSCO calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
2	1	54.5%	57.36	65.50	69.05	55.00	1.19	1.90	1.77	38.9%	1	42
500	165	53.0%	57.03	61.50	65.10	60.00	2.02	2.60	2.82	38.3%	30	55
258	2	52.2%	49.37	58.00	61.50	65.00	2.73	3.40	3.25	37.6%	2	40
122	1	51.7%	55.25	54.00	58.15	70.00	3.45	4.10	3.80	36.2%	2	405
41	7	49.0%	52.45	50.50	53.95	75.00	4.45	5.10	6.23	35.4%	1	2
101	1	49.3%	40.63	48.05	51.15	80.00	5.60	6.25	5.97	34.7%	8	165
11	1	49.9%	46.00	44.45	48.70	85.00	6.90	7.85	7.48	34.6%	6	7
111	39	47.0%	42.80	41.60	44.55	90.00	8.40	9.25	8.95	33.7%	2	57
21	1	45.6%	39.00	39.00	41.30	95.00	10.15	11.40	10.70	34.0%	1	94
22	1	44.8%	31.30	35.50	38.40	100.00	11.85	13.05	12.40	33.0%	1	110
40	2	44.7%	28.50	33.00	36.05	105.00	13.60	15.35	17.61	32.9%	2	12
220	1	43.9%	32.47	30.50	33.45	110.00	15.95	17.65	18.57	32.4%	18	24
48	1	43.4%	30.70	28.00	31.10	115.00	18.60	20.20	19.75	32.1%	1	6
CSCO $118.39
266	1	43.3%	27.42	27.30	29.10	120.00	21.15	23.00	22.85	31.9%	1	1,179
34	2	42.6%	21.30	24.00	26.85	125.00	—	—	—	—	—	—
6	1	42.4%	19.48	22.20	25.10	130.00	—	—	—	—	—	—
29	3	42.2%	20.87	20.50	23.40	135.00	29.35	32.05	34.41	30.9%	—	1
1,541	2	42.0%	20.80	19.90	21.75	140.00	0.00	0.00	39.30	—	—	0
18	1	41.8%	18.77	19.35	20.30	145.00	36.00	38.85	42.23	30.2%	20	20
25	3	41.5%	16.99	16.60	18.85	150.00	—	—	—	—	—	—
75	1	42.1%	12.54	15.15	18.05	155.00	—	—	—	—	—	—
34	2	41.2%	15.10	14.20	16.30	160.00	46.95	49.20	56.45	27.9%	—	30
4	4	41.1%	14.24	13.40	15.25	165.00	—	—	—	—	—	—
199	4	41.0%	13.54	12.15	14.25	170.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the CSCO put/call ratio?

For the December 15, 2028 expiration, the CSCO put/call ratio based on open interest is 0.60 (2,249 puts vs 3,728 calls), and 0.39 based on today's volume. A ratio above 1 means more puts than calls.

What is CSCO's implied volatility?

At-the-money implied volatility for CSCO options expiring December 15, 2028 is about 37.6%, an annualized estimate of how much the market expects Cisco Systems stock to move.

How many CSCO option expiration dates are there?

CSCO has 17 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.