What move does the options market price into Analog Devices's report?

Implied ±3.6%, either direction.

How often does Analog Devices move more than the options market prices?

4 of the last 8 reports moved at least as far as the implied move.

ADINasdaqSemiconductors & Related Devices

Analog Devices Inc (ADI) earnings date, market-implied expected move, and options open interest by expiry

416.36

−16.92 · −3.90%

post 420.00 +0.87%

Closed19:55 ET

Open427.12Volume7.9MMkt cap$202.1BP/E49.59EPS8.47Div yield1.03%

Day407.12 – 430.0056%52-wk220.71 – 444.5689%

ADI

Analog Devices Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±3.6%implied · report alone

8Q avg ±4.4%·×0.81·cheap

402.08432.14

straddle ±9.1%

spot 417.11exp Nov 27ATM strike 415ATM straddle 44.45IV 48%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 24

before open · in 23 days

confirmedQ4 FY26

Calendar

Next report

Last report

−0.89%

vs ±5.3% implied · ×0.17

shaded = implied · ▲▼ = realized

Aug 19 '26 · confirmed

Implied vs realized

Largest filed tie

56.00%

of ADI revenue · Undisclosed third-party distributors

customerADI 10-K

Largest filed tie

13F top-10 QoQ

+7.14%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

2,291 managers

Top fund weight

4.00%

ADI weight · SMH

N-PORTJun 30 '26

17 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Analog Devices (ADI) reports on Nov 24 before open (confirmed date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±4.9%
avg realized: ±4.4%

Nov 26 '24Nov 26 '24confirmed±4.1%▼−2.03%×0.49

Feb 19 '25Feb 19 '25confirmed±4.5%▲+9.74%×2.18

May 22 '25May 22 '25confirmed±4.3%▼−4.63%×1.08

Aug 20 '25Aug 20 '25confirmed±5.2%▲+6.26%×1.19

Nov 25 '25Nov 25 '25confirmed±4.3%▲+5.27%×1.21

Q1 FY26Feb 18 '26confirmed±5.4%▲+2.63%×0.49

Q2 FY26May 20 '26confirmed±6.2%▼−3.92%×0.63

Q3 FY26Aug 19 '26confirmed±5.3%▼−0.89%×0.17

quarterimplied−10%0+10%realized×

Q3 FY26±5.3%▼−0.89%×0.17

Q2 FY26±6.2%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 8 expiries · Oct 30 close

0.52OI · 8 expiries · Oct 30 closeP/C open interest · Nov 27 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

1,858+390%Nov 65d0.523,606+642%0.52

265+2%Nov 1312d0.68392+30%0.68

3,912+16%Nov 2019d0.557,148+14%0.55

report · Nov 24 · before open · confirmed

211+349%Nov 2726d407+187%

14—Dec 433d0.6721—0.67

8,435+1%Dec 1847d0.2632,3720%0.26

2 later expiries

11,563+2%Jan 1575d0.6218,657+1%0.62

4,7770%Mar 19138d1.11

ExpiryPutsCallsP/C

Nov 65d1,858+390%3,606+642%0.52

Nov 1312d265+2%392+30%0.68

Nov 2019d3,912+16%7,148+14%0.55

report · Nov 24 · before open · confirmed

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±9.1%

Funds 4

SMH±0.4%

SOXX±0.3%

SOXL±0.3%

JEPI±0.1%

Suppliers 1

TSM±5.1%×0.56

Dashed = straddle · × = co-movement · max 501dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

33.32%as filednet margin · revenue +11.00% QoQ · +39.63% YoY

Revenue

$4.0B+11.00% QoQ

Gross profit

$2.7B+10.97% QoQ

67.32% margin

Operating income

$1.6B+16.91% QoQ

40.10% margin

Pre-tax income

$1.5B+16.68% QoQ

Net income

$1.3B+13.92% QoQ

33.32% margin

Cost of revenue

$1.3B+11.04% QoQ

Operating expenses

$1.1B+3.25% QoQ

R&D $533M

SG&A $397M

Other operating $164M

Other expense

$67M

Tax

$206M+38.59% QoQ

Revenue$4.0B+11.00%

Gross profit

$2.7B+10.97%

67.32% margin

Operating income

$1.6B+16.91%

40.10% margin

Pre-tax income

$1.5B+16.68%

Net income

$1.3B+13.92%

33.32% margin

Cost of revenue

$1.3B+11.04%

Operating expenses

$1.1B+3.25%

R&D $533M

SG&A $397M

Other operating $164M

Other expense

$67M

Tax$206M+38.59%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Aug 1 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:45 ET

Intraday

Event sensitivity

NFP ×1.81· ±2.9% vs ±1.6% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.9%6 of 10×1.81

PPIproducer prices±1.6%4 of 10×1.00

FOMCrate decision±1.6%16 of 24×0.98

CPIconsumer prices±1.5%6 of 10×0.95

PCEpersonal income & outlays±1.5%10 of 19×0.94

GDPgross domestic product±1.3%12 of 19×0.80

CPROFcorporate profits±0.7%7 of 12×0.44

Bar = avg |move| to ±3% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 2.74 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Aug 19 '26 · confirmed	2.74	—
Q2 FY26	May 20 '26 · confirmed	2.40	—
Q1 FY26	Feb 18 '26 · confirmed	1.69	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod