Bearish flow noted in Analog Devices (ADI) with 1,551 puts trading, or 1.4x expected. Most active are Jun-25 185 puts and Jun-25 190 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.48, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 21st.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADI:
- Insider Sales Shake Up Analog, Stag, Match, NuScale, Agilent
- Trump Wants to End CHIPS Act: TSM and INTC Could Be Biggest Losers
- Buy Rating for Analog Devices: Strong Growth Prospects and Strategic Market Positioning
- Analog Devices price target raised to $248 from $230 at Truist
- Analog Devices price target raised to $280 from $260 at TD Cowen