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 17 uncommon options trades for Intuitive Surgical.
This isn't normal.
The overall sentiment of these big-money traders is split between 41% bullish and 47%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $85,945, and 15 are calls, for a total amount of $773,230.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $450.0 and $670.0 for Intuitive Surgical, spanning the last three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $450.0 to $670.0 in the last 30 days.
Intuitive Surgical Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ISRG | CALL | TRADE | NEUTRAL | 04/17/25 | $40.2 | $37.8 | $38.9 | $565.00 | $155.6K | 38 | 41 |
| ISRG | CALL | SWEEP | BEARISH | 06/20/25 | $55.2 | $54.5 | $54.5 | $560.00 | $76.3K | 175 | 14 |
| ISRG | CALL | TRADE | BEARISH | 04/17/25 | $34.2 | $33.7 | $33.7 | $565.00 | $67.4K | 38 | 20 |
| ISRG | CALL | TRADE | BEARISH | 04/17/25 | $34.0 | $32.7 | $32.7 | $565.00 | $65.4K | 38 | 41 |
| ISRG | CALL | TRADE | NEUTRAL | 03/21/25 | $29.7 | $27.5 | $28.6 | $570.00 | $57.2K | 381 | 70 |
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 9,500 da Vinci systems in hospitals worldwide, with more than 5,500 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
- Currently trading with a volume of 820,079, the ISRG's price is up by 1.69%, now at $581.55.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 73 days.
What The Experts Say On Intuitive Surgical
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $684.4.
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. * Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for Intuitive Surgical, targeting a price of $687. * Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Intuitive Surgical, targeting a price of $711. * An analyst from Piper Sandler downgraded its action to Overweight with a price target of $670. * An analyst from Truist Securities has decided to maintain their Buy rating on Intuitive Surgical, which currently sits at a price target of $666. * An analyst from Raymond James has decided to maintain their Outperform rating on Intuitive Surgical, which currently sits at a price target of $688.
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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