Arista Networks Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Arista Networks (NYSE:ANET) has seen unusual options activity, with a significant number of bearish trades. Of the 17 unusual trades detected, 47% were bullish and 52% were bearish. The total amount for puts was $645,960 and for calls was $552,184. Whales have been targeting a price range from $150.0 to $260.0 for Arista Networks over the last 3 months. The company's stock price is currently up 1.38% at $174.09. Several financial institutions have recently adjusted their ratings and price targets for Arista Networks.
July 25, 2023 | 8:46 pm
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Arista Networks has seen unusual options activity, with a bearish stance. The stock price is currently up 1.38% at $174.09. Several financial institutions have recently adjusted their ratings and price targets for the company.
The unusual options activity, particularly the bearish trades, could indicate investor uncertainty about Arista Networks' future performance. However, the stock price is currently up, suggesting some positive sentiment. The adjustments in ratings and price targets by financial institutions also impact investor sentiment and could influence the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100