Investors in Cisco Systems Inc (CSCO) have new options available for the October 3rd expiration. A put contract at $65.00 strike price is attracting interest, offering a 3% discount. The call contract at $70.00 strike price presents a potential 4% premium. Implied volatility is at 26% for puts and 24% for calls.

The put contract has a 66% chance of expiring worthless, offering a potential 1.05% return. The call contract has a 68% chance of expiring worthless, providing a 0.86% extra return. Trailing twelve month volatility is at 22%. For more options ideas, visit StockOptionsChannel.com.

Investors can consider selling-to-open the put contract at $65.00 strike price or buying shares and selling-to-open the call contract at $70.00 strike price as a covered call strategy. Analyze the business fundamentals and historical trading data before making a decision. For more insights, visit StockOptionsChannel.com.

Read more at Nasdaq: October 3rd Options Now Available For Cisco Systems (CSCO)