Looking At Arista Networks's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A recent unusual options activity has been observed in Arista Networks (NYSE:ANET), with 18 uncommon options trades spotted. The sentiment of these big-money traders is split between 50% bullish and 50% bearish. The total trade price for puts is $428,180, and for calls, it is $1,088,174. The targeted price range for ANET over the last 3 months is $120 to $185.
June 02, 2023 | 7:01 pm
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NEUTRAL IMPACT
Arista Networks has seen unusual options activity with 18 uncommon trades. The sentiment among big-money traders is split 50% bullish and 50% bearish. The targeted price range for ANET over the last 3 months is $120 to $185.
The unusual options activity in Arista Networks indicates that there is significant interest from big-money traders, but the sentiment is split between bullish and bearish. This suggests that there is uncertainty about the stock's short-term direction. The targeted price range of $120 to $185 over the last 3 months also indicates a wide range of potential outcomes. Therefore, the short-term impact on ANET's stock price is neutral.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100