Intuitive Surgical Whale Trades For July 21

Intuitive Surgical Whale Trades For July 21

A whale with a lot of money to spend has taken a noticeably bearish stance on Intuitive Surgical.

Looking at options history for Intuitive Surgical ISRG we detected 19 strange trades.

If we consider the specifics of each trade, it is accurate to state that 31% of the investors opened trades with bullish expectations and 68% with bearish.

From the overall spotted trades, 11 are puts, for a total amount of $1,347,454 and 8, calls, for a total amount of $564,873.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $190.0 to $280.0 for Intuitive Surgical over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Intuitive Surgical's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Intuitive Surgical's whale trades within a strike price range from $190.0 to $280.0 in the last 30 days.

Intuitive Surgical Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ISRG PUT TRADE NEUTRAL 09/16/22 $280.00 $646.3K 151 113
ISRG CALL SWEEP BEARISH 07/22/22 $215.00 $124.7K 811 132
ISRG CALL TRADE BEARISH 10/21/22 $250.00 $114.0K 106 150
ISRG PUT TRADE BULLISH 01/20/23 $190.00 $106.0K 1.0K 100
ISRG PUT TRADE BEARISH 08/05/22 $275.00 $101.2K 0 30

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ISRG PUT TRADE NEUTRAL 09/16/22 $280.00 $646.3K 151 113
ISRG CALL SWEEP BEARISH 07/22/22 $215.00 $124.7K 811 132
ISRG CALL TRADE BEARISH 10/21/22 $250.00 $114.0K 106 150
ISRG PUT TRADE BULLISH 01/20/23 $190.00 $106.0K 1.0K 100
ISRG PUT TRADE BEARISH 08/05/22 $275.00 $101.2K 0 30

Where Is Intuitive Surgical Standing Right Now?

  • With a volume of 1,828,656, the price of ISRG is up 2.54% at $224.78.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 0 days.

What The Experts Say On Intuitive Surgical:

  • Stifel has decided to maintain their Buy rating on Intuitive Surgical, which currently sits at a price target of $270.
  • Morgan Stanley has decided to maintain their Equal-Weight rating on Intuitive Surgical, which currently sits at a price target of $225.
  • Raymond James has decided to maintain their Outperform rating on Intuitive Surgical, which currently sits at a price target of $294.
  • Deutsche Bank has decided to maintain their Hold rating on Intuitive Surgical, which currently sits at a price target of $225.
  • BTIG has decided to maintain their Buy rating on Intuitive Surgical, which currently sits at a price target of $247.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Intuitive Surgical, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets