Analog Devices (ADI) volatility elevated into Q2 results and outlook

Analog Devices (NYSE: ADI) is expected to report Q2 results today after the market close. Credit Suisse has a $42 price target on ADI and say's "We expect ADI to post modest upside to April Q expectations." May put option implied volatility is at 50, June puts are at 30; compared to its six-month average of 27 according to Track Data, suggesting larger near term price movement.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Stifel Reiterates Buy Rating on Analog Devices (ADI), Expects Solid Q3 Results
• Walt Disney (DIS) call put ratio 2 calls to 1 put
• Joby Aviation (JOBY) call put ratio 1.6 calls to 1 put as share price down 4.1%