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Option Writer - April Portfolio

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CSCO - Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol-based networking and other products relating to the communications and information technology industry worldwide. The company reports earnings on May 6th so that shouldn't be a concern.

Sector: Technology
Industry: Networking & Communication Devices

Over the weekend my opinion was that the position wasn't tradable until it closed above its 50 DMA. Look fast. It is probably going to hold.

CSCO Risk Management

Strike Stop = $22.50

Cost Basis Stop = $22.10

Technical Stop = $22.71

P/L Stop = $23.10

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