Financial giants have made a conspicuous bearish move on Arista Networks. Our analysis of options history for Arista Networks ANET revealed 13 unusual trades.
Delving into the details, we found 38% of traders were bullish, while 53% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $115,157, and 10 were calls, valued at $693,708.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $190.0 to $280.0 for Arista Networks during the past quarter.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Arista Networks's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Arista Networks's whale trades within a strike price range from $190.0 to $280.0 in the last 30 days.
Arista Networks Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
ANET | CALL | TRADE | BEARISH | 05/17/24 | $11.3 | $11.0 | $11.1 | $267.50 | $333.0K | 3 | 305 |
ANET | CALL | TRADE | BULLISH | 02/21/25 | $85.5 | $84.4 | $85.5 | $190.00 | $59.8K | 0 | 7 |
ANET | PUT | SWEEP | BEARISH | 04/26/24 | $2.75 | $2.55 | $2.67 | $252.50 | $57.4K | 146 | 296 |
ANET | CALL | SWEEP | NEUTRAL | 05/03/24 | $14.2 | $13.8 | $14.11 | $245.00 | $49.5K | 28 | 2 |
ANET | CALL | SWEEP | BULLISH | 06/21/24 | $47.1 | $46.3 | $46.89 | $220.00 | $46.8K | 352 | 10 |
About Arista Networks
Arista Networks Inc is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.
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
Current Position of Arista Networks
- Trading volume stands at 774,527, with ANET's price up by 1.85%, positioned at $255.83.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 13 days.
Expert Opinions on Arista Networks
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $275.0.
- An analyst from JP Morgan persists with their Overweight rating on Arista Networks, maintaining a target price of $315.
- Reflecting concerns, an analyst from Rosenblatt lowers its rating to Sell with a new price target of $210.
- Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Arista Networks, targeting a price of $300.
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.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.