Market Whales and Their Recent Bets on ISRG Options
Financial giants have made a conspicuous bearish move on Intuitive Surgical. Our analysis of options history for Intuitive Surgical ISRG revealed 8 unusual trades.
Delving into the details, we found 12% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $426,801, and 6 were calls, valued at $285,918.
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 $350.0 to $520.0 for Intuitive Surgical over the last 3 months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Intuitive Surgical options trades today is 147.75 with a total volume of 588.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Intuitive Surgical’s big money trades within a strike price range of $350.0 to $520.0 over the last 30 days.
Intuitive Surgical 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ISRG | PUT | SWEEP | BULLISH | 01/17/25 | $8.3 | $7.9 | $7.9 | $465.00 | $253.5K | 94 | 322 |
| ISRG | PUT | SWEEP | NEUTRAL | 01/16/26 | $47.1 | $46.7 | $46.9 | $500.00 | $173.2K | 57 | 42 |
| ISRG | CALL | SWEEP | BEARISH | 01/17/25 | $168.7 | $167.6 | $168.6 | $350.00 | $67.4K | 348 | 8 |
| ISRG | CALL | TRADE | NEUTRAL | 03/21/25 | $37.3 | $36.7 | $37.0 | $520.00 | $55.5K | 92 | 15 |
| ISRG | CALL | SWEEP | BEARISH | 01/17/25 | $170.5 | $168.6 | $168.6 | $350.00 | $50.5K | 348 | 3 |
About Intuitive Surgical
Intuitive Surgical 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 8,600 da Vinci systems in hospitals worldwide, with more than 5,000 installations in the US and a growing number in emerging markets.
Present Market Standing of Intuitive Surgical
- With a volume of 979,283, the price of ISRG is down -0.07% at $511.27.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 88 days.
What The Experts Say On Intuitive Surgical
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $543.6.
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* An analyst from RBC Capital persists with their Outperform rating on Intuitive Surgical, maintaining a target price of $525.
* An analyst from Truist Securities has decided to maintain their Buy rating on Intuitive Surgical, which currently sits at a price target of $570.
* Consistent in their evaluation, an analyst from Baird keeps a Outperform rating on Intuitive Surgical with a target price of $565.
* An analyst from Raymond James persists with their Outperform rating on Intuitive Surgical, maintaining a target price of $540.
* An analyst from BTIG has decided to maintain their Buy rating on Intuitive Surgical, which currently sits at a price target of $518.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Intuitive Surgical with Benzinga Pro for real-time alerts.
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