Pre-earnings options volume in Arista Networks is 3.7x normal with puts leading calls 8:7. Implied volatility suggests the market is anticipating a move near 6.6%, or $10.73, after results are released. Median move over the past eight quarters is 3.8%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on ANET:
- Arista (NYSE:ANET) Stock Falls Despite Upbeat Q1 Results
- Arista Networks (ANET) Q1 Earnings Cheat Sheet
- Arista Networks added to ‘Tactical Outperform’ list at Evercore ISI
- Arista Networks price target raised to $150 from $140 at Morgan Stanley
- Arista Networks put volume heavy and directionally bearish