ON Semiconductor (ON) provides intelligent sensing and power solutions. George Tsilis discusses ON as its segments include power solutions group, advanced solutions group, and intelligent sensing group. He talks about how a Piper Sandler analyst noted that there is "enthusiasm" about prospects for silicon carbide. He then demonstrates an example trade using ON. The trade type is sell a put vertical and the direction is bullish. Tune in to find out more about the stock market today.
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