BpowersCLT

$CSCO Iron Butterfly Opportunity

NASDAQ:CSCO   CISCO SYSTEMS INC
A lot of stocks that have high implied volatility are coming up on earnings . Elsewhere, unless it's gold related, IV is dropping in the market. I like to keep a good balance between high vol trades and low vol trades. So I see an opportunity to sell an Iron Butterfly (technically a very tight Iron Condor) in $CSCO.

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