Analog Devices (ADI) stock price today is up over 7% so far after their earnings report was released. The ADI shares have hit a new 52-week high. "The company is ubiquitous when it comes to designing, manufacturing, and testing of both analog and digital-based framework semiconductor subsystems. Analog Devices (ADI) is outperforming competitors like Microchip Technology (MCHP) and Texas Instruments (TXN)," says George Tsilis. Tsilis then discusses an example put spread option trade on ADI with a neutral to bullish direction.
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