Bearish flow noted in Arista Networks with 2,407 puts trading, or 2x expected. Most active are 3/31 weekly 155 puts and 3/31 weekly 152.5 puts, with total volume in those strikes near 830 contracts. The Put/Call Ratio is 1.74, while ATM IV is up over 1 point on the day. Earnings are expected on May 1st.
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