Bearish flow noted in Arista Networks (ANET) with 11,867 puts trading, or 4x expected. Most active are Nov-25 105 puts and 10/3 weekly 142 puts, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 2.41, while ATM IV is up nearly 4 points on the day. Earnings are expected on November 10th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ANET:
- AI Daily: Trump administration to use models from Musk’s xAI
- Oracle initiated, Ulta Beauty upgraded: Wall Street’s top analyst calls
- BNP Paribas Exane upgrades AI supercycle beneficiary Arista to Outperform
- Arista Networks upgraded to Outperform from Neutral at BNP Paribas Exane
- Arista Networks director sells $8.6M in common stock