Investors with a lot of money to spend have taken a bullish stance on Arista Networks 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 46% bullish and 20%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $71,230, and 13 are calls, for a total amount of $2,143,901.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $270.0 to $420.0 for Arista Networks over the recent three months.
Volume & Open Interest Trends
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 $270.0 to $420.0 in the last 30 days.
Arista Networks Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ANET | CALL | TRADE | BULLISH | 01/16/26 | $61.0 | $56.5 | $60.6 | $420.00 | $1.2M | 74 | 1 |
| ANET | CALL | TRADE | BULLISH | 01/16/26 | $61.0 | $56.5 | $60.6 | $420.00 | $303.0K | 74 | 201 |
| ANET | CALL | TRADE | BULLISH | 07/19/24 | $20.2 | $19.8 | $20.2 | $340.00 | $226.2K | 764 | 0 |
| ANET | CALL | SWEEP | NEUTRAL | 01/16/26 | $131.0 | $127.5 | $128.9 | $270.00 | $64.4K | 153 | 0 |
| ANET | CALL | TRADE | BEARISH | 06/20/25 | $65.2 | $64.3 | $64.3 | $360.00 | $64.3K | 31 | 0 |
About Arista Networks
Arista Networks 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.
Present Market Standing of Arista Networks
- Trading volume stands at 604,951, with ANET's price up by 1.21%, positioned at $352.15.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 31 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Arista Networks, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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