Looking At Arista Networks's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Arista Networks (NYSE:ANET) has seen unusual options activity with a mix of bullish and bearish trades. Significant investors are targeting a price range of $300 to $370. The stock is currently trading at $326.28, slightly down, with an RSI suggesting it may be overbought. Analysts have set an average target price of $369.
September 04, 2024 | 7:00 pm
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Arista Networks has experienced unusual options activity, with a mix of bullish and bearish trades. Investors are targeting a price range of $300 to $370. The stock is slightly down at $326.28, with RSI indicating potential overbought conditions. Analysts have set a target price of $369.
The unusual options activity indicates mixed sentiment among traders, with both bullish and bearish trades. The stock's current price and RSI suggest it may be overbought, aligning with the neutral analyst rating. The target price range and analyst target provide a potential upside, but the mixed sentiment tempers short-term expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100