Call Options on ANET on 12/13/2021

Arista Networks, Inc. (ANET) develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Bullish Flag on $ ANETThe company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services.

The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others.

It markets and sells its products through distributors, value-added resellers, system integrators, and original equipment manufacturer partners, as well as through its direct sales force.

The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.

This stock's price moved above it's 21-day moving average last week, signaling that this is a strong time for investors to buy shares.

Last Trade: $130.69

Trading Range: $65.52 - $134.14

We will be trading January 7th Call options

Trade

  • Buy 1 January $130.00 Call at $5.00
  • For a net debit of $5.00

Profit/Loss Analysis

  • Breakeven at $135.00
  • Maximum profit is unbounded
  • Maximum loss is ($500.00) at strike of $130.00

Closing Summary

  • Sold 1 January $130.00 Call at $16.00

Position closed on 12/28/2021 at price of $16.00 with a 220.00% gain in 15 days.

Updates

12/28/2021 12:48:29 PM

ANET Call Options closed

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