Investors with a lot of money to spend have taken a bearish 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 19 uncommon options trades for Arista Networks.
This isn't normal.
The overall sentiment of these big-money traders is split between 42% bullish and 47%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $68,200, and 17 are calls, for a total amount of $912,074.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $52.5 and $121.0 for Arista Networks, spanning the last three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $52.5 to $121.0 in the last 30 days.
Arista Networks Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| 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 | $39.3 | $38.5 | $39.0 | $75.00 | $195.0K | 1.2K | 50 |
| ANET | CALL | TRADE | BEARISH | 01/17/25 | $49.6 | $48.7 | $48.9 | $65.00 | $107.5K | 2.9K | 22 |
| ANET | CALL | SWEEP | BULLISH | 09/19/25 | $31.2 | $30.9 | $31.2 | $92.50 | $74.8K | 43 | 25 |
| ANET | CALL | SWEEP | BEARISH | 02/21/25 | $5.8 | $5.5 | $5.4 | $120.00 | $65.1K | 1.6K | 140 |
| ANET | CALL | SWEEP | BULLISH | 03/21/25 | $7.6 | $7.5 | $7.6 | $120.00 | $60.0K | 1.1K | 108 |
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.
Arista Networks's Current Market Status
- Currently trading with a volume of 2,040,311, the ANET's price is up by 1.39%, now at $114.66.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 48 days.
Expert Opinions on Arista Networks
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $121.5.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Barclays persists with their Overweight rating on Arista Networks, maintaining a target price of $125. * An analyst from Morgan Stanley has decided to maintain their Overweight rating on Arista Networks, which currently sits at a price target of $118.
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.
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