Unpacking the Latest Options Trading Trends in Analog Devices
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bullish stance on Analog Devices (NASDAQ:ADI) by big-money investors. Benzinga's options scanner identified 11 uncommon options trades, with a majority being calls. The price target for ADI is between $230.0 and $260.0. The stock is currently trading at $242.84, up by 2.15%.
July 16, 2024 | 8:02 pm
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Analog Devices (NASDAQ:ADI) has seen significant bullish options activity, with a majority of trades being calls. The stock is currently trading at $242.84, up by 2.15%. The price target is between $230.0 and $260.0.
The significant bullish options activity and the current upward movement in ADI's stock price suggest positive sentiment among big-money investors. The price target range indicates potential for further gains.
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