Arista Networks Unusual Options Activity

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Deep-pocketed investors have adopted a bullish approach towards Arista Networks ANET, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ANET usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 20 extraordinary options activities for Arista Networks. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 55% leaning bullish and 30% bearish. Among these notable options, 2 are puts, totaling $89,010, and 18 are calls, amounting to $1,155,585.

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 $47.5 to $140.0 for Arista Networks during the past quarter.

Volume & Open Interest Development

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 $47.5 to $140.0 in the last 30 days.

Arista Networks 30-Day Option Volume & Interest Snapshot

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ANET CALL SWEEP BEARISH 01/17/25 $69.8 $69.1 $69.13 $47.50 $359.3K 426 17
ANET CALL SWEEP BULLISH 01/16/26 $20.6 $20.3 $20.6 $122.50 $138.0K 243 68
ANET CALL SWEEP BEARISH 02/21/25 $24.9 $24.5 $24.5 $95.00 $73.5K 975 12
ANET PUT SWEEP BULLISH 02/21/25 $5.5 $5.4 $5.4 $115.00 $54.0K 594 113
ANET CALL SWEEP BULLISH 01/17/25 $22.0 $21.7 $22.0 $95.00 $50.6K 2.7K 15

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.

After a thorough review of the options trading surrounding Arista Networks, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Arista Networks

  • With a volume of 1,131,898, the price of ANET is up 1.94% at $118.35.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 25 days.

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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.

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