The following video is part of a special series in which Motley Fool analyst Brendan Byrnes and "Options Whiz" Bryan Hinmon discuss how to make 2012 the year YOU master the market.

In this edition, Brendan and Bryan analyze Cisco. Sometimes investors love a company, but are hesitant to simply go long or short in the stock. Options can be a great way to lower an investor's risk, and also increase a stock's upside. In this series, part of our Options Education Month, Motley Fool Options analyst Bryan Hinmon and fellow Fool Brendan Byrnes discuss how to benefit from Cisco's future prospects while controlling its risk.

Bryan Hinmon owns shares of no companies listed above. The Motley Fool owns shares of Cisco Systems. The Fool owns shares of and has created a bull call spread position on Cisco Systems. Motley Fool newsletter services have recommended buying shares of Cisco Systems. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.