Financial giants have made a conspicuous bearish move on Analog Devices. Our analysis of options history for Analog Devices ADI revealed 10 unusual trades.
Delving into the details, we found 30% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $183,718, and 5 were calls, valued at $231,119.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $165.0 to $210.0 for Analog Devices during the past quarter.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Analog Devices options trades today is 233.17 with a total volume of 1,472.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Analog Devices's big money trades within a strike price range of $165.0 to $210.0 over the last 30 days.
Analog Devices Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ADI | PUT | SWEEP | BEARISH | 06/20/25 | $10.4 | $9.9 | $10.34 | $165.00 | $53.5K | 103 | 98 |
| ADI | CALL | TRADE | BEARISH | 05/10/24 | $3.2 | $3.1 | $3.1 | $195.00 | $49.6K | 346 | 470 |
| ADI | CALL | SWEEP | BULLISH | 05/10/24 | $3.0 | $2.95 | $3.0 | $195.00 | $46.5K | 346 | 310 |
| ADI | CALL | SWEEP | BULLISH | 06/20/25 | $17.8 | $17.2 | $17.67 | $210.00 | $46.1K | 281 | 49 |
| ADI | CALL | TRADE | BULLISH | 05/10/24 | $2.95 | $2.75 | $2.9 | $195.00 | $44.6K | 346 | 155 |
About Analog Devices
Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices' chips are also incorporated into wireless infrastructure equipment.
Having examined the options trading patterns of Analog Devices, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Analog Devices
- Trading volume stands at 1,684,241, with ADI's price up by 2.34%, positioned at $190.68.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 29 days.
Expert Opinions on Analog Devices
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $233.0.
- An analyst from Morgan Stanley persists with their Overweight rating on Analog Devices, maintaining a target price of $212.
- An analyst from Evercore ISI Group has revised its rating downward to Outperform, adjusting the price target to $254.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Analog Devices options trades with real-time alerts from Benzinga Pro.
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