Bearish flow noted in Arista Networks (ANET) with 11,534 puts trading, or 3x expected. Most active are Jan-25 90 puts and Jan-25 117.5 calls, with total volume in those strikes near 9,700 contracts. The Put/Call Ratio is 2.88, while ATM IV is up over 1 point on the day. Earnings are expected on February 10th.
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Read More on ANET:
- Arista Networks price target raised to $118 from $102.50 at Morgan Stanley
- Early notable gainers among liquid option names on December 13th
- Unusually active option classes on open December 13th
- Largest borrow rate increases among liquid names
- SPY ETF Update, 12/6/2024
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
