Investors with a lot of money to spend have taken a bullish stance on Arista Networks (NYSE:ANET).

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ANET, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 15 uncommon options trades for Arista Networks.

This isn't normal.

The overall sentiment of these big-money traders is split between 53% bullish and 46%, bearish.

Out of all of the special options we uncovered, 5 are puts, for a total amount of $164,760, and 10 are calls, for a total amount of $852,289.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $260.0 and $360.0 for Arista Networks, spanning the last three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Arista Networks's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Arista Networks's significant trades, within a strike price range of $260.0 to $360.0, over the past month.

Arista Networks Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

About Arista Networks

Having examined the options trading patterns of Arista Networks, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Arista Networks's Current Market Status

• With a volume of 555,322, the price of ANET is up 1.71% at $285.28.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 54 days.

What The Experts Say On Arista Networks

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $307.2.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Arista Networks options trades with real-time alerts from Benzinga Pro.