Quantchabot has detected a new Bull Call Spread trade opportunity for ANALOG DEVICES (ADI) for the 22-May-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ADI was recently trading at $362.68 and has an implied volatility of 40.64% for this period. Based on an analysis of the options available for ADI expiring on 22-May-2026, there is a 34.19% likelihood that the underlying will close within the analyzed range of $364.02-$413.37 at expiration. In this scenario, the average linear return for the trade would be 10.70%.
52 week high: ANALOG DEVICES recently reached a new 52-week high at $363.29. ADI had traded in the range $170.39-$363.20 over the past year.
Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if ADI maintains its current direction and does not revert back to pricing on the bearish side of $362.68 on 22-May-2026. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if ANALOG DEVICES closes at or above $351.20 on 22-May-2026. Based on our risk-neutral analysis, there is a 61.12% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
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