UPDATE: JP Morgan Upgrades Intuitive Surgical to Overweight on Long-Term Opportunities


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


JP Morgan raised its rating on Intuitive Surgical (NASDAQ: ISRG) from Neutral to Overweight and increased its price target from $610 to $625. JP Morgan noted, "While there are clearly some headwinds to the Intuitive Surgical (ISRG) story, notably the recent dVP decline and industry-wide European challenges, we find the risk/reward increasingly compelling, in light of the meaningful opportunities emerging in partial nephrectomy, cholecystectomy, colorectal surgery and other areas (thoracic, etc.) – which, collectively, should more than offset the dVP softness and drive upside to Street estimates for the next several years."Intuitive Surgical closed at $494.58 on Friday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Analyst ColorPrice TargetInitiationPre-Market OutlookAnalyst RatingsJP Morgan