A look at recent whale trades from Arista Networks

Someone with a lot of money to spend has taken a bullish stance on Arista Networks A NETWORK.

And retailers should know.

We became aware of this today when the large position in the publicly available options history that we track here at Benzinga surfaced.

Whether it’s an institution or just a wealthy individual, we don’t know. But when something this big happens with ANET, it often means someone knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga’s options scanner detected 28 rare option trades for Arista Networks.

This is not normal.

The overall sentiment from these big money traders is split between 50% bullish and 50% bearish.

Of all the special options we discovered, 10 are puts, for a total amount of $342,295, and 18 are calls, for a total amount of $1,152,570.

What is the target price?

Considering the volume and open interest of these contracts, it appears that the whales have been targeting a price range of $115.0 to $135.0 for Arista Networks over the last 3 months.

Volume development and open interest

Looking at volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest of Arista Networks options for a given strike price. Below, we can observe the evolution of call and put volume and open interest, respectively, for all Arista Networks whale transactions within a strike price range of $115.0 to $135.0 in the last 30 days.

Arista Networks option volume and open interest in the last 30 days

Largest options detected:









Symbol PUT/FLAME trade type Feeling Exp Date exercise price full trade price open interest Volume
A NETWORK TO CALL SWEEP BEARISH 03/17/23 $135.00 $278.3K 9 3. 4. 5
A NETWORK TO CALL SWEEP BULLISH 05/08/22 $116.00 $165.5K 1.0K 500
A NETWORK TO CALL SWEEP BULLISH 05/08/22 $116.00 $99.6K 1.0K 1.0K
A NETWORK TO CALL SWEEP BULLISH 05/08/22 $116.00 $90.3K 1.0K 139
A NETWORK TO CALL SWEEP NEUTRAL 01/20/23 $125.00 $70.1K 846 179









Symbol PUT/FLAME trade type Feeling Exp Date exercise price full trade price open interest Volume
A NETWORK TO CALL SWEEP BEARISH 03/17/23 $135.00 $278.3K 9 3. 4. 5
A NETWORK TO CALL SWEEP BULLISH 05/08/22 $116.00 $165.5K 1.0K 500
A NETWORK TO CALL SWEEP BULLISH 05/08/22 $116.00 $99.6K 1.0K 1.0K
A NETWORK TO CALL SWEEP BULLISH 05/08/22 $116.00 $90.3K 1.0K 139
A NETWORK TO CALL SWEEP NEUTRAL 01/20/23 $125.00 $70.1K 846 179

Where is Arista Networks located right now?

  • With a volume of 2,884,892, the price of ANET was up 0.44% to $118.13.
  • RSI indicators hint that the underlying stock may be overbought.
  • The next earnings are expected to be released in 90 days.

What the experts say about Arista Networks:

  • Needham has decided to maintain his Buy rating on Arista Networks, which currently has a $140 price target.
  • UBS has decided to maintain its Neutral rating on Arista Networks, which currently has a price target of $134.
  • JP Morgan has decided to maintain its overweight rating on Arista Networks, which currently stands at a $160 price target.
  • Evercore ISI Group has decided to maintain its outperformance rating on Arista Networks, which currently has a price target of $145.
  • Piper Sandler has decided to maintain its Neutral rating on Arista Networks, which currently has a price target of $108.

Options are a riskier asset compared to stock trading, 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 closely following the markets.

If you want to stay up-to-date on the latest options trading for Arista Networks, Benzinga Pro provides real-time option trading alerts.

Leave a Comment