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Analog Devices call volume above normal and directionally bullish

Bullish option flow detected in Analog Devices with 8,259 calls trading, 5x expected, and implied vol increasing over 1 point to 26.69%. Jun-24 220 calls and 3/8 weekly 197.5 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.10. Earnings are expected on May 22nd.

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