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Intuitive Surgical's Options: A Look at What the Big Money is Thinking

Investors with a lot of money to spend have taken a bullish stance on Intuitive Surgical (NASDAQ:ISRG).

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ISRG, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 18 uncommon options trades for Intuitive Surgical.

This isn't normal.

The overall sentiment of these big-money traders is split between 55% bullish and 27%, bearish.

Out of all of the special options we uncovered, 5 are puts, for a total amount of $203,170, and 13 are calls, for a total amount of $518,011.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $350.0 to $800.0 for Intuitive Surgical during the past quarter.

Insights into Volume & Open Interest

In today's trading context, the average open interest for options of Intuitive Surgical stands at 176.67, with a total volume reaching 502.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Intuitive Surgical, situated within the strike price corridor from $350.0 to $800.0, throughout the last 30 days.

Intuitive Surgical Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ISRG PUT SWEEP BULLISH 12/19/25 $8.2 $7.1 $7.1 $555.00 $71.0K 202 108
ISRG CALL TRADE BEARISH 01/15/27 $237.5 $232.8 $232.8 $350.00 $69.8K 35 3
ISRG CALL TRADE BULLISH 01/15/27 $118.0 $115.0 $118.0 $500.00 $59.0K 266 5
ISRG CALL SWEEP BEARISH 03/20/26 $12.2 $12.1 $12.1 $640.00 $52.0K 112 43
ISRG CALL TRADE BULLISH 06/18/26 $60.3 $59.4 $60.3 $550.00 $48.2K 66 8

About Intuitive Surgical

Intuitive develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 10,000 da Vinci systems in hospitals worldwide, with more than 6,000 installations in the US and a growing number in emerging markets.

After a thorough review of the options trading surrounding Intuitive Surgical, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of Intuitive Surgical

  • With a volume of 1,223,827, the price of ISRG is up 1.14% at $548.49.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 38 days.

Professional Analyst Ratings for Intuitive Surgical

1 market experts have recently issued ratings for this stock, with a consensus target price of $635.0.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Citigroup has revised its rating downward to Neutral, adjusting the price target to $635.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Intuitive Surgical options trades with real-time alerts from Benzinga Pro.

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