Decoding Analog Devices's Options Activity: What's the Big Picture? - Analog Devices (NASDAQ:ADI)

Core Insights - Whales have adopted a bearish stance on Analog Devices, with 55% of trades being bearish and only 33% bullish [1] - The total amount for put trades is $75,820, while call trades amount to $618,350, indicating a stronger interest in calls [2] - Major market movers are focusing on a price range between $230.0 and $320.0 for Analog Devices over the last three months [3] Trading Activity - The last 30 days have seen significant options activity, with a total trading volume of 924,983 and a current stock price of $299.56, reflecting a 1.94% increase [12] - The options data reveals a mix of neutral and bearish sentiments, with notable trades including a call with a bearish sentiment set for expiration on February 20, 2026, at a strike price of $300.00 [8] Market Position - Analog Devices is a key player in the analog, mixed-signal, and digital-signal processing chip market, primarily serving industrial and automotive sectors [8] - Analysts have set an average price target of $333.0, with one maintaining an Overweight rating at a target of $375 and another holding a Hold rating at $291 [10][12]