The going was painfully slow, but Chickenhound consoled himself on the long journey by boosting his own ego. âMaybe a silly bunch of rats could put one over on Sela. Huh, she was old and had lost a lot of her guile.
Even after the run Cisco stock has had over the past few years, the stock is still a buy. Cisco has reported earnings of $1.73 per share over the past four quarters, which puts the stock's P/E ratio at just about 17. This doesn't seem all that inexpensive, but there are a couple of things skewing Cisco's valuation.
This is money for you to use anyway you see fit. No matter what happens, this money is yours. In exchange for selling those 10 put option contracts and receiving your instant $1,300, youâd be obligating yourself to buy 1,000 shares of Microsoft at a price of $20 per share until the expiration day in January 2010.[cfsp key=mid-content-callout].t currently trades at $23.50 per share, so youâll need it to fall in price a bit before getting filled on the trade. Most stock traders would just put in a âlimit buyâ order to buy the stock if/when Microsoft falls down to $20 per share.