<p>Financial giants have made a conspicuous bullish move on Intuitive Surgical. Our analysis of options history for Intuitive Surgical (NASDAQ:ISRG) revealed 9 unusual trades.</p>
<p>Delving into the details, we found 55% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $237,010, and 3 were calls, valued at $94,205.</p>
<h3>Projected Price Targets</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $300.0 to $600.0 for Intuitive Surgical over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Intuitive Surgical options trades today is 146.5 with a total volume of 70.00.</p>
<p>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 $300.0 to $600.0 over the last 30 days.</p>
<h3>Intuitive Surgical Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1765558879_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Options Call Chart" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1765558879_0.png"/></p>

<h3>Largest Options Trades Observed:</h3>
<p></p><table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ISRG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$26.6</td>
<td>$24.5</td>
<td>$26.6</td>
<td>$560.00</td>
<td>$53.2K</td>
<td align="right">421</td>
<td align="right">20</td>
</tr>
<tr>
<td>ISRG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/20/26</td>
<td>$58.4</td>
<td>$56.0</td>
<td>$56.0</td>
<td>$580.00</td>
<td>$44.8K</td>
<td align="right">207</td>
<td align="right">0</td>
</tr>
<tr>
<td>ISRG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/18/26</td>
<td>$38.3</td>
<td>$36.1</td>
<td>$36.0</td>
<td>$500.00</td>
<td>$39.6K</td>
<td align="right">30</td>
<td align="right">23</td>
</tr>
<tr>
<td>ISRG</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$77.9</td>
<td>$74.9</td>
<td>$76.41</td>
<td>$560.00</td>
<td>$38.2K</td>
<td align="right">227</td>
<td align="right">15</td>
</tr>
<tr>
<td>ISRG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.8</td>
<td>$11.7</td>
<td>$11.7</td>
<td>$525.00</td>
<td>$36.2K</td>
<td align="right">137</td>
<td align="right">4</td>
</tr>
</tbody>
</table><p></p>
<h3>About Intuitive Surgical</h3>
<p>Intuitive 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 10,000 da Vinci systems in hospitals worldwide, with more than 6,000 installations in the US and a growing number in emerging markets.</p>
<p>Following our analysis of the options activities associated with Intuitive Surgical, we pivot to a closer look at the company's own performance.</p>
<h3>Intuitive Surgical's Current Market Status</h3>
<ul>
<li>Trading volume stands at 566,362, with ISRG's price down by -0.04%, positioned at $547.13.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 41 days.</li>
</ul>
<h3>Expert Opinions on Intuitive Surgical</h3>
<p>Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $635.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>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.
* Reflecting concerns, an analyst from Citigroup lowers its rating to Neutral with a new price target of $635.</p>
<p>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.</p>

ISRG

<p>Financial giants have made significant bullish moves on Intuitive Surgical (NASDAQ:ISRG) with 9 unusual options trades. 55% of traders were bullish, targeting a price range of $300 to $600. The mean open interest is 146.5 with a total volume of 70.00. Intuitive Surgical develops robotic systems for minimally invasive surgery, with over 10,000 installations worldwide. Current stock price is $547.13, with an average target price of $635.0. Citigroup downgraded its rating to Neutral with a new price target of $635.</p>

Smart Money Is Betting Big In ISRG Options