ANET - Options Database

ANET

ARISTA NETWORKS INC

$202.25 +5.92%

(8/25 18:10) ◀

Wednesday, August 26, 2026 (4:00pm)

▶ (8/26 18:10)

◀ 8/26 16:00 ▶

Option Volume

Detail

ℹ

Current (08/26 4:00pm) 36,411

Calls: 24,383 (67%)

Puts: 12,028 (33%)

Prior (08/05) 83,756

Calls: 58,451 (70%)

Puts: 25,305 (30%)

Current vs Prior -56.53%

Calls: -58.28% (Calls)

Puts: -52.47% (Puts)

Prior 7-Day Total 341,499

Calls: 221,298 (65%)

Puts: 120,201 (35%)

Prior 7-Day Average 48,785

Calls: 31,614 (65%)

Puts: 17,171 (35%)

Current vs Prior 7-Day Avg -25.37%

Calls: -22.87%

Puts: -29.95%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/26 4:00pm) $29.10M

Calls: $25.02M (86%)

Puts: $4.09M (14%)

Prior (08/05) $87.47M

Calls: $75.48M (86%)

Puts: $11.99M (14%)

Current vs Prior -66.73%

Calls: -66.86%

Puts: -65.90%

Prior 7-Day Total $316.73M

Calls: $260.67M (82%)

Puts: $56.06M (18%)

Prior 7-Day Average $45.25M

Calls: $37.24M (82%)

Puts: $8.01M (18%)

Current vs Prior 7-Day Avg -35.68%

Calls: -32.83%

Puts: -48.95%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/26 4:00pm) 0.49

Prior (08/05) 0.43

Current vs Prior +13.94%

Prior 7-Day Average 0.60

Current vs Prior 7-Day Avg -18.01%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/26 4:00pm) 300,682

Calls: 159,873 (53%)

Puts: 140,809 (47%)

Prior (08/05) 321,852

Calls: 180,656 (56%)

Puts: 141,196 (44%)

Current vs Prior -6.58%

Prior 7-Day Total 2,153,302

Calls: 1,193,967 (55%)

Puts: 959,335 (45%)

Prior 7-Day Average 307,614

Calls: 170,566 (55%)

Puts: 137,047 (45%)

Current vs Prior 7-Day Avg -2.25%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)

Current 4.19% | 7.22%10.73% | 17.43%

Prior 11.44% | 13.61%14.84% | 20.85%

Current vs Prior -63.35% | -46.96%-27.66% | -16.40%

Prior 7-Day Avg 8.07% | 10.66%12.25% | 19.37%

Current vs 7-Day Avg -48.07% | -32.26%-12.38% | -10.03%

Prior 7-Day Eod 11.44% | 13.61%10.81% | 16.57%

Current vs 7-Day Eod -63.35% | -46.96%-0.75% | +5.21%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 23.17% | 13.67%

Calls: 13.46% | 14.01%

Puts: 32.88% | 13.33%

Prior 9.11% | 3.62%

Calls: 10.28% | 3.55%

Puts: 7.93% | 3.69%

Current vs Prior +154.34% | +277.62%

Prior 7-Day Avg 12.72% | 9.31%

Calls: 12.20% | 10.15%

Puts: 13.24% | 8.47%

Current vs 7-Day Avg +82.12% | +46.87%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($25.02M) vs puts ($4.09M). Light premium activity with dollar volume down 67% vs prior. Below-average activity with volume down 57% vs prior. Extreme bullish P/C ratio of 0.49 - heavy call buying (24,383 calls vs 12,028 puts).

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
16:00	BULLISH	BULLISH	BULLISH
15:00	BULLISH	BULLISH	BULLISH
14:00	BULLISH	BULLISH	BULLISH
13:00	BULLISH	BULLISH	BULLISH
12:00	BULLISH	BULLISH	BULLISH
11:00	BULLISH	BULLISH	BULLISH
10:35	BULLISH	BULLISH	BULLISH
10:30	BULLISH	BULLISH	BULLISH
10:25	BULLISH	BULLISH	BULLISH
10:20	BULLISH	BULLISH	BULLISH
10:15	BULLISH	BULLISH	BULLISH
10:10	BULLISH	BULLISH	BULLISH
10:05	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BULLISH	BULLISH
09:55	BULLISH	BULLISH	BULLISH
09:50	BULLISH	BULLISH	BULLISH
09:45	BULLISH	BULLISH	BULLISH
09:40	BULLISH	BULLISH	BULLISH
09:35	BULLISH	NEUTRAL	BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 26 of results (avg 8.5%, best 5.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 18	11.30	12.05	$11.68	6.4%	686	0.56	3.0K
$215.00	Sep 25	6.25	6.70	$6.48	6.9%	97	0.36	201
$165.00	Sep 18	37.20	39.90	$38.55	7.0%	15	0.94	730
$220.00	Sep 18	3.90	4.20	$4.05	7.4%	2.2K	0.28	3.9K
$170.00	Sep 18	32.00	34.55	$33.28	7.7%	20	0.91	989

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Aug 28	0.37	0.39	$0.38	5.3%	715	0.09	325
$240.00	Sep 18	37.05	39.60	$38.33	6.7%	--	0.89	12
$170.00	Sep 25	1.50	1.64	$1.57	8.9%	47	0.10	320
$205.00	Sep 18	10.90	11.95	$11.43	9.2%	7	0.52	1
$230.00	Sep 18	28.00	30.70	$29.35	9.2%	--	0.82	17

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.38, cheapest $0.38)

CALLS (0)

No calls meet the criteria

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Aug 28	0.37	0.39	$0.38	5.3%	715	0.09	325

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 84 found (avg delta 0.74, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Sep 4	35.55	38.85	$37.20	8.9%	2	1.00	36
$170.00	Sep 4	30.65	34.10	$32.38	10.7%	1	1.00	20
$165.00	Aug 28	35.25	38.75	$37.00	9.5%	--	0.99	11
$175.00	Aug 28	25.35	28.60	$26.98	12.0%	1	0.99	91
$170.00	Aug 28	30.30	33.45	$31.88	9.9%	--	0.99	33

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Aug 28	16.75	19.10	$17.93	13.1%	26	0.95	1
$217.50	Aug 28	14.65	17.45	$16.05	17.4%	26	0.93	--
$240.00	Sep 18	37.05	39.60	$38.33	6.7%	--	0.89	12
$212.50	Aug 28	9.60	12.00	$10.80	22.2%	--	0.85	31
$220.00	Sep 4	17.45	20.20	$18.83	14.6%	--	0.84	39

Most actively traded options today. High liquidity = easy entry/exit. 210 active (total vol 24.3K, top 2.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Sep 18	3.90	4.20	$4.05	7.4%	2.2K	0.28	3.9K
$195.00	Aug 28	7.80	8.90	$8.35	13.2%	1.6K	0.79	1.7K
$205.00	Aug 28	2.18	2.75	$2.47	23.1%	1.6K	0.39	612
$210.00	Aug 28	0.91	1.20	$1.06	27.4%	1.2K	0.21	547
$200.00	Aug 28	4.50	5.15	$4.83	13.5%	1.1K	0.61	1.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Aug 28	0.37	0.39	$0.38	5.3%	715	0.09	325
$180.00	Aug 28	0.05	0.15	$0.10	100.0%	598	0.02	843
$185.00	Aug 28	0.13	0.24	$0.19	57.9%	551	0.04	565
$165.00	Sep 18	0.63	0.82	$0.73	26.0%	359	0.06	4.1K
$197.50	Aug 28	1.56	2.25	$1.91	36.1%	345	0.30	29

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 16 strikes (avg 26.6%, max 33.6%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$197.50	Aug 28	Sep 18	65.0%	48.6%	33.6%	432	192
$195.00	Aug 28	Oct 2	64.3%	48.5%	32.5%	1.7K	1.7K
$200.00	Aug 28	Oct 2	63.3%	48.0%	31.7%	1.1K	1.6K
$192.50	Aug 28	Sep 18	66.3%	50.8%	30.4%	56	175
$202.50	Aug 28	Sep 18	60.8%	49.1%	23.7%	507	256

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$197.50	Aug 28	Sep 18	65.0%	48.6%	33.6%	350	32
$195.00	Aug 28	Oct 2	64.3%	48.5%	32.5%	206	115
$200.00	Aug 28	Oct 2	63.3%	48.0%	31.7%	300	440
$192.50	Aug 28	Sep 18	66.3%	50.8%	30.4%	294	263
$202.50	Aug 28	Sep 18	60.8%	49.1%	23.7%	202	38

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 150 found (best R:R 0.59, avg 5.06)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$172.50	$175.00	Sep 18	$1.57	$0.93	$1.57	90%	0.59	$174.07
$210.00	$215.00	Oct 2	$1.38	$3.62	$1.38	44%	2.62	$211.38
$200.00	$205.00	Oct 2	$2.15	$2.85	$2.15	56%	1.33	$202.15
$235.00	$240.00	Oct 2	$0.37	$4.63	$0.37	19%	12.51	$235.37
$190.00	$195.00	Sep 25	$2.88	$2.12	$2.88	70%	0.74	$192.88

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$212.50	$210.00	Aug 28	$1.55	$0.95	$1.55	85%	0.61	$210.95
$202.50	$200.00	Aug 28	$0.93	$1.57	$0.93	50%	1.69	$201.57
$210.00	$205.00	Oct 2	$2.54	$2.46	$2.54	56%	0.97	$207.46
$202.50	$200.00	Sep 11	$1.03	$1.47	$1.03	48%	1.43	$201.47
$195.00	$192.50	Sep 11	$0.68	$1.82	$0.68	34%	2.68	$194.32

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 112 found (best R:R 1.14, avg 0.33)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$235.00	$240.00	Aug 28	$0.51	$0.51	$4.49	93%	0.11	$235.51
$205.00	$210.00	Oct 2	$2.55	$2.55	$2.45	50%	1.04	$207.55
$235.00	$240.00	Sep 4	$0.25	$0.25	$4.75	95%	0.05	$235.25
$202.50	$205.00	Sep 18	$1.40	$1.40	$1.10	48%	1.27	$203.90
$230.00	$235.00	Oct 2	$1.09	$1.09	$3.91	76%	0.28	$231.09

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$192.50	$190.00	Sep 18	$1.33	$1.33	$1.17	68%	1.14	$191.17
$195.00	$190.00	Sep 25	$2.18	$2.18	$2.82	63%	0.77	$192.82
$180.00	$175.00	Sep 25	$1.11	$1.11	$3.89	81%	0.29	$178.89
$175.00	$170.00	Oct 2	$1.02	$1.02	$3.98	83%	0.26	$173.98
$190.00	$185.00	Oct 2	$1.70	$1.70	$3.30	68%	0.52	$188.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $2.90, cheapest $2.59)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$197.50	Aug 28	Sep 4	$3.02	65.0%	52.3%
$200.00	Aug 28	Sep 4	$3.02	63.3%	53.0%
$205.00	Aug 28	Sep 4	$2.91	60.6%	52.7%
$202.50	Aug 28	Sep 4	$3.03	60.8%	53.4%

PUTS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$197.50	Aug 28	Sep 4	$2.59	65.0%	52.3%
$200.00	Aug 28	Sep 4	$2.96	63.3%	53.0%
$205.00	Aug 28	Sep 4	$2.58	60.6%	52.7%
$202.50	Aug 28	Sep 4	$3.10	60.8%	53.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 64 found (cheapest 3.56% of stock, avg 9.19%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$202.50	Aug 28	$3.55	$3.65	$7.20	$195.30	$209.70	3.56%
$200.00	Aug 28	$4.83	$2.72	$7.55	$192.45	$207.55	3.73%
$205.00	Aug 28	$2.47	$5.60	$8.07	$196.93	$213.07	3.99%
$197.50	Aug 28	$6.28	$1.91	$8.19	$189.31	$205.69	4.05%
$207.50	Aug 28	$1.72	$7.20	$8.92	$198.58	$216.42	4.41%
$195.00	Aug 28	$8.35	$1.19	$9.54	$185.46	$204.54	4.72%
$210.00	Aug 28	$1.06	$9.25	$10.31	$199.69	$220.31	5.10%
$192.50	Aug 28	$10.65	$0.79	$11.44	$181.06	$203.94	5.66%
$212.50	Aug 28	$0.70	$10.80	$11.50	$201.00	$224.00	5.69%
$190.00	Aug 28	$12.45	$0.38	$12.83	$177.17	$202.83	6.34%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.62% of stock, avg 5.45%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$215.00	$192.50	Aug 28	$0.47	$0.79	$1.26	$191.24	$216.26
$212.50	$192.50	Aug 28	$0.70	$0.79	$1.49	$191.01	$213.99
$215.00	$195.00	Aug 28	$0.47	$1.19	$1.66	$193.34	$216.66
$210.00	$192.50	Aug 28	$1.06	$0.79	$1.85	$190.65	$211.85
$212.50	$195.00	Aug 28	$0.70	$1.19	$1.89	$193.11	$214.39
$210.00	$195.00	Aug 28	$1.06	$1.19	$2.25	$192.75	$212.25
$207.50	$192.50	Aug 28	$1.72	$0.79	$2.51	$189.99	$210.01
$215.00	$197.50	Aug 28	$0.47	$1.91	$2.38	$195.12	$217.38
$212.50	$197.50	Aug 28	$0.70	$1.91	$2.61	$194.89	$215.11
$207.50	$195.00	Aug 28	$1.72	$1.19	$2.91	$192.09	$210.41

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 234 found (best R:R 0.14, avg credit $1.09)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
165/168	235/240	Aug 28	$0.61	$4.39	91%	0.14	$166.89	$235.61
175/178	235/240	Aug 28	$0.62	$4.38	90%	0.14	$176.88	$235.62
170/175	230/235	Oct 2	$2.11	$2.89	60%	0.73	$172.89	$232.11
192/195	218/220	Sep 4	$1.37	$1.13	48%	1.21	$193.63	$218.87
165/168	218/220	Aug 28	$0.26	$2.24	92%	0.12	$167.24	$217.76
175/178	218/220	Aug 28	$0.27	$2.23	91%	0.12	$177.23	$217.77
190/192	218/220	Aug 28	$0.57	$1.93	79%	0.30	$191.93	$218.07
185/190	230/235	Oct 2	$2.79	$2.21	45%	1.26	$187.21	$232.79
170/172	218/220	Sep 4	$0.64	$1.86	75%	0.34	$171.86	$218.14
192/195	222/225	Sep 4	$1.16	$1.34	54%	0.87	$193.84	$223.66

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 118 found (best R:R 9.31, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$200.00	$205.00	$210.00	Sep 25	$0.10	$4.90	13%	49.00
$225.00	$230.00	$235.00	Sep 11	$0.06	$4.94	9%	82.33
$205.00	$207.50	$210.00	Aug 28	$0.09	$2.41	18%	26.78
$170.00	$175.00	$180.00	Sep 4	$0.12	$4.88	9%	40.67
$197.50	$200.00	$202.50	Aug 28	$0.17	$2.33	20%	13.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$210.00	$220.00	$230.00	Sep 18	$0.97	$9.03	23%	9.31
$195.00	$197.50	$200.00	Aug 28	$0.09	$2.41	18%	26.78
$197.50	$200.00	$202.50	Aug 28	$0.12	$2.38	20%	19.83
$185.00	$190.00	$195.00	Oct 2	$0.20	$4.80	12%	24.00
$195.00	$197.50	$200.00	Sep 11	$0.07	$2.43	9%	34.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 109 found (best net $-4.27, 102 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$170.00	$185.00	1:2	Oct 2	-$12.40	$2.60
$230.00	$235.00	1:2	Sep 11	-$0.19	$4.81
$207.50	$210.00	1:2	Aug 28	-$0.40	$2.10
$215.00	$217.50	1:2	Aug 28	-$0.05	$2.45
$235.00	$240.00	1:2	Sep 11	-$0.19	$4.81

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$220.00	$210.00	1:2	Sep 4	-$4.27	$5.73
$197.50	$195.00	1:2	Aug 28	-$0.47	$2.03
$172.50	$170.00	1:2	Sep 4	-$0.04	$2.46
$185.00	$182.50	1:2	Aug 28	-$0.03	$2.47
$190.00	$187.50	1:2	Aug 28	-$0.14	$2.36

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 55 found (best yield 5.54%, avg 1.84%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$205.00	Oct 2	$11.20	0.50	1.4%	5.54%	6.90%	166	31
$210.00	Oct 2	$8.90	0.44	3.8%	4.40%	8.23%	75	11
$215.00	Oct 2	$7.40	0.38	6.3%	3.66%	9.96%	30	39
$220.00	Oct 2	$5.85	0.33	8.8%	2.89%	11.67%	192	38
$225.00	Oct 2	$4.80	0.28	11.2%	2.37%	13.62%	15	6
$205.00	Sep 25	$9.70	0.49	1.4%	4.80%	6.16%	16	73
$210.00	Sep 25	$7.75	0.42	3.8%	3.83%	7.66%	55	101
$215.00	Sep 25	$6.25	0.36	6.3%	3.09%	9.39%	97	201
$220.00	Sep 25	$4.80	0.30	8.8%	2.37%	11.15%	49	111
$207.50	Sep 18	$7.65	0.45	2.6%	3.78%	6.38%	31	199

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 24,383

Total Puts 12,028

Put/Call Ratio 0.49

Net Difference 12,355

Prior's Put/Call Breakdown

Total Calls 58,451

Total Puts 25,305

Put/Call Ratio 0.43

Net Difference 33,146

Prior 7-Day Put/Call Summary

Total Calls 221,298

Total Puts 120,201

Average Put/Call Ratio 0.60

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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