A Closer Look at Intuitive Surgical's Options Market Dynamics

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Investors with a lot of money to spend have taken a bearish stance on Intuitive Surgical 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 8 uncommon options trades for Intuitive Surgical.

This isn't normal.

The overall sentiment of these big-money traders is split between 12% bullish and 75%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $226,650, and 5 are calls, for a total amount of $178,590.

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 $525.0 and $585.0 for Intuitive Surgical, spanning the last three months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Intuitive Surgical's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Intuitive Surgical's substantial trades, within a strike price spectrum from $525.0 to $585.0 over the preceding 30 days.

Intuitive Surgical Option Activity Analysis: Last 30 Days

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ISRG PUT TRADE BEARISH 06/20/25 $20.7 $19.5 $20.5 $540.00 $123.0K 103 61
ISRG CALL TRADE BULLISH 04/17/25 $66.8 $62.5 $65.4 $540.00 $65.4K 75 54
ISRG PUT TRADE BEARISH 06/20/25 $35.0 $33.8 $34.6 $580.00 $51.9K 7 31
ISRG PUT TRADE BEARISH 06/20/25 $34.9 $33.6 $34.5 $580.00 $51.7K 7 15
ISRG CALL SWEEP BEARISH 01/17/25 $17.9 $14.7 $14.7 $570.00 $29.4K 424 21

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.

In light of the recent options history for Intuitive Surgical, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Current Position of Intuitive Surgical

  • Trading volume stands at 612,694, with ISRG's price up by 0.28%, positioned at $585.74.
  • RSI indicators show the stock to be may be overbought.
  • Earnings announcement expected in 6 days.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

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.

Market News and Data brought to you by Benzinga APIs
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