CSCO Long Calls

44
Cisco's uptrend exceeded previous highs and heading toward 127% extension from the 4/9 Tariff lows.

Prices are currently consolidating between $68 and $70 with a volume level.

I am buying in the lower 1/2 - 1/4 of the range with an expectation of a move back to the $70 level and beyond.

August 15 67.5 Calls

E - $68.50
T1 - 69.80
S.L. 30% of option Price

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