RedHotStocks

$ANET Option traders buying $362 call options for MAY 3rd

Long
NYSE:ANET   Arista Networks
Since our last analysis on ANE,T there has been some selling but the major support level has held. We love the stock but we were and remain to be worried about the indicators signalling further selling. Earnings are today so we will play it long depending on the market sentiment, if support breaks today we will possible wait to long after earnings for a chance of better entry. This stock is just n the early stages so there will be plenty of opportunity in the future.

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