Deep-pocketed investors have adopted a bearish approach towards Intuitive Surgical ISRG, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ISRG usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Intuitive Surgical. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 0% leaning bullish and 87% bearish. Among these notable options, 5 are puts, totaling $161,200, and 3 are calls, amounting to $223,830.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $310.0 and $560.0 for Intuitive Surgical, spanning the last three months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Intuitive Surgical stands at 128.0, with a total volume reaching 495.00. 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 $310.0 to $560.0, throughout the last 30 days.
Intuitive Surgical Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ISRG | CALL | TRADE | BEARISH | 01/17/25 | $229.5 | $225.5 | $225.5 | $310.00 | $112.7K | 112 | 5 |
| ISRG | CALL | TRADE | BEARISH | 12/18/26 | $110.5 | $107.3 | $107.3 | $540.00 | $75.1K | 217 | 36 |
| ISRG | CALL | TRADE | NEUTRAL | 06/20/25 | $37.2 | $35.1 | $35.97 | $560.00 | $35.9K | 149 | 11 |
| ISRG | PUT | SWEEP | BEARISH | 04/17/25 | $32.9 | $31.9 | $32.9 | $530.00 | $32.9K | 34 | 161 |
| ISRG | PUT | SWEEP | BEARISH | 04/17/25 | $32.9 | $31.9 | $32.9 | $530.00 | $32.9K | 34 | 114 |
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
- Currently trading with a volume of 282,168, the ISRG's price is up by 1.66%, now at $535.2.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 33 days.
What Analysts Are Saying About Intuitive Surgical
In the last month, 5 experts released ratings on this stock with an average target price of $618.2.
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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. * Showing optimism, an analyst from Morgan Stanley upgrades its rating to Overweight with a revised price target of $650. * An analyst from Stifel has decided to maintain their Buy rating on Intuitive Surgical, which currently sits at a price target of $610. * An analyst from BTIG has decided to maintain their Buy rating on Intuitive Surgical, which currently sits at a price target of $561. * An analyst from Truist Securities persists with their Buy rating on Intuitive Surgical, maintaining a target price of $640. * An analyst from Wells Fargo persists with their Overweight rating on Intuitive Surgical, maintaining a target price of $630.
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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