Intuitive Surgical Stock Options

ISRG Stock  USD 449.68  6.17  1.35%   
Intuitive Surgical's latest option contracts expiring on December 19th 2025 are carrying combined implied volatility of 0.34 with a put-to-call open interest ratio of 4.64 over 99 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on December 19th 2025. The total put volume is at 167, with calls trading at the volume of 120. This yields a 1.39 put-to-call volume ratio.

Open Interest Against December 19th 2025 Option Contracts

The chart above shows Intuitive Surgical's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Intuitive Surgical's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Intuitive Surgical's option, there is no secondary market available for investors to trade.

Intuitive Surgical Maximum Pain Price Across 2025-12-19 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Intuitive Surgical close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, Intuitive Surgical's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Intuitive Surgical

Analyzing Intuitive Surgical's in-the-money options over time can help investors to take a profitable long position in Intuitive Surgical regardless of its overall volatility. This is especially true when Intuitive Surgical's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Intuitive Surgical's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Intuitive Surgical's stock while costing only a fraction of its price.

Intuitive Surgical In The Money Call Balance

When Intuitive Surgical's strike price is surpassing the current stock price, the option contract against Intuitive Surgical stock is said to be in the money. When it comes to buying Intuitive Surgical's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Intuitive Surgical are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Intuitive Current Options Market Mood

Intuitive Surgical's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Intuitive Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Intuitive Surgical's options investors are not very successful. Intuitive Surgical's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Intuitive contract

Base on the Rule 16, the options market is currently suggesting that Intuitive Surgical will have an average daily up or down price movement of about 0.0213% per day over the life of the 2025-12-19 option contract. With Intuitive Surgical trading at USD 449.68, that is roughly USD 0.0956. If you think that the market is fully incorporating Intuitive Surgical's daily price movement you should consider buying Intuitive Surgical options at the current volatility level of 0.34%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Intuitive Surgical options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Intuitive calls. Remember, the seller must deliver Intuitive Surgical stock to the call owner when a call is exercised.

Intuitive Surgical Option Chain

When Intuitive Surgical's strike price is surpassing the current stock price, the option contract against Intuitive Surgical stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Intuitive Surgical's option chain is a display of a range of information that helps investors for ways to trade options on Intuitive. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Intuitive. It also shows strike prices and maturity days for a Intuitive Surgical against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
ISRG251219C006400006640.00.0 - 4.40.88Out
Call
ISRG251219C006200002620.00.65 - 1.752.28Out
Call
ISRG251219C0060000015600.00.0 - 2.351.6Out
Call
ISRG251219C005950001595.00.0 - 2.52.6Out
Call
ISRG251219C005900000590.01.15 - 2.851.15Out
Call
ISRG251219C005850001585.02.0 - 2.93.9Out
Call
ISRG251219C0058000032580.01.75 - 3.43.6Out
Call
ISRG251219C005750000575.01.7 - 3.71.7Out
Call
ISRG251219C005700005570.02.05 - 4.03.62Out
Call
ISRG251219C005650000565.02.3 - 4.42.3Out
Call
ISRG251219C00560000139560.02.7 - 4.73.05Out
Call
ISRG251219C0055500080555.03.2 - 5.25.8Out
Call
ISRG251219C0055000069550.04.3 - 5.05.7Out
Call
ISRG251219C005450001545.03.9 - 6.27.2Out
Call
ISRG251219C00540000134540.04.5 - 7.08.85Out
Call
ISRG251219C0053500038535.06.1 - 7.27.9Out
Call
ISRG251219C0053000021530.06.7 - 7.16.89Out
Call
ISRG251219C0052500038525.07.4 - 7.97.92Out
Call
ISRG251219C0052000028520.07.7 - 8.78.58Out
Call
ISRG251219C005150002515.08.3 - 9.717.7Out
Call
ISRG251219C0051000051510.010.4 - 10.810.6Out
Call
ISRG251219C0050500023505.011.3 - 12.018.07Out
Call
ISRG251219C0050000074500.012.9 - 13.313.6Out
Call
ISRG251219C004950007495.014.3 - 14.915.35Out
Call
ISRG251219C0049000013490.015.9 - 16.316.3Out
Call
ISRG251219C0048500030485.017.5 - 17.918.2Out
Call
ISRG251219C0048000036480.019.3 - 19.720.1Out
Call
ISRG251219C0047500081475.021.2 - 21.622.0Out
Call
ISRG251219C0047000057470.023.2 - 23.724.0Out
Call
ISRG251219C0046500037465.025.3 - 25.726.4Out
Call
ISRG251219C0046000064460.027.6 - 28.628.3Out
Call
ISRG251219C0045500034455.030.0 - 30.530.7Out
Call
ISRG251219C0045000017450.032.7 - 33.333.0Out
Call
ISRG251219C0044500031445.035.4 - 36.241.9In
Call
ISRG251219C0044000030440.038.1 - 39.538.1In
Call
ISRG251219C004350009435.041.2 - 43.042.75In
Call
ISRG251219C004300002430.044.2 - 46.745.42In
Call
ISRG251219C004250002425.047.4 - 49.149.9In
Call
ISRG251219C004200003420.051.1 - 52.751.77In
Call
ISRG251219C004100001410.057.3 - 59.560.5In
Call
ISRG251219C0040000010400.064.8 - 67.266.55In
Call
ISRG251219C003700004370.089.9 - 92.288.68In
Call
ISRG251219C003500005350.0106.4 - 110.9114.1In
 Put
ISRG251219P006400000640.0189.0 - 191.9189.0In
 Put
ISRG251219P006200000620.0169.0 - 172.0169.0In
 Put
ISRG251219P006000000600.0149.0 - 151.9149.0In
 Put
ISRG251219P005950000595.0143.9 - 147.6143.9In
 Put
ISRG251219P005900000590.0138.5 - 141.8138.5In
 Put
ISRG251219P005850000585.0131.6 - 139.0131.6In
 Put
ISRG251219P005800000580.0129.1 - 132.2129.1In
 Put
ISRG251219P005750000575.0123.8 - 127.1123.8In
 Put
ISRG251219P005700000570.0119.1 - 122.4119.1In
 Put
ISRG251219P005650000565.0114.3 - 117.7114.3In
 Put
ISRG251219P005500004550.0100.0 - 103.587.45In
 Put
ISRG251219P005450002545.095.0 - 99.284.3In
 Put
ISRG251219P0054000021540.090.9 - 93.584.33In
 Put
ISRG251219P005350001535.086.8 - 88.596.68In
 Put
ISRG251219P0053000014530.082.2 - 84.768.15In
 Put
ISRG251219P005250002525.078.2 - 80.859.2In
 Put
ISRG251219P005100001510.065.3 - 68.575.63In
 Put
ISRG251219P0050500022505.061.4 - 63.749.56In
 Put
ISRG251219P0050000028500.058.2 - 59.553.8In
 Put
ISRG251219P0049500025495.054.6 - 55.842.28In
 Put
ISRG251219P0049000026490.051.1 - 52.746.4In
 Put
ISRG251219P00485000142485.047.8 - 49.049.5In
 Put
ISRG251219P00480000165480.044.0 - 45.845.3In
 Put
ISRG251219P0047500064475.041.0 - 42.433.0In
 Put
ISRG251219P0047000052470.038.1 - 39.138.94In
 Put
ISRG251219P0046500033465.035.4 - 36.329.39In
 Put
ISRG251219P00460000163460.033.0 - 33.633.59In
 Put
ISRG251219P004550002163455.030.5 - 31.031.2In
 Put
ISRG251219P0045000078450.027.8 - 28.528.7Out
 Put
ISRG251219P00445000118445.025.8 - 26.326.5Out
 Put
ISRG251219P0044000013440.023.7 - 24.224.0Out
 Put
ISRG251219P0043500025435.021.7 - 22.222.2Out
 Put
ISRG251219P0043000025430.019.4 - 20.420.43Out
 Put
ISRG251219P004250001572425.017.9 - 18.617.9Out
 Put
ISRG251219P0042000028420.016.3 - 17.017.0Out
 Put
ISRG251219P0041500018415.015.1 - 15.615.25Out
 Put
ISRG251219P0041000010410.013.4 - 14.113.85Out
 Put
ISRG251219P0040500015405.012.3 - 12.812.6Out
 Put
ISRG251219P00400000379400.011.2 - 11.711.7Out
 Put
ISRG251219P003950005395.010.0 - 11.57.4Out
 Put
ISRG251219P0039000021390.09.1 - 10.49.2Out
 Put
ISRG251219P003850007385.07.6 - 8.910.5Out
 Put
ISRG251219P0038000020380.07.2 - 7.97.65Out
 Put
ISRG251219P0037500063375.06.6 - 7.26.8Out
 Put
ISRG251219P003700003370.06.0 - 6.55.6Out
 Put
ISRG251219P003650002365.05.3 - 6.87.02Out
 Put
ISRG251219P0036000027360.04.5 - 6.34.6Out
 Put
ISRG251219P003550006355.01.85 - 6.14.45Out
 Put
ISRG251219P003500007350.03.3 - 5.54.2Out
 Put
ISRG251219P0034000014340.03.1 - 3.62.95Out
 Put
ISRG251219P00330000300330.01.95 - 3.13.26Out
 Put
ISRG251219P003200008320.00.0 - 3.12.06Out
 Put
ISRG251219P0031000012310.00.05 - 6.01.35Out
 Put
ISRG251219P0030000011300.00.0 - 4.01.1Out
 Put
ISRG251219P002900001290.00.0 - 3.71.02Out
 Put
ISRG251219P002800008280.00.0 - 1.250.7Out

Intuitive Surgical Market Cap Over Time

   Market Cap   
       Timeline  

Intuitive Total Stockholder Equity

Total Stockholder Equity

17.26 Billion

At this time, Intuitive Surgical's Total Stockholder Equity is most likely to increase significantly in the upcoming years.

Intuitive Surgical Corporate Management

David RosaChief Commercial Officer and Executive VPProfile
Jamie SamathPrincipal Accounting Officer, VP and Corporate ControllerProfile
Mark BrosiusSenior OfficerProfile
Ian PurdySenior AssuranceProfile
Julian NikolchevSr StrategyProfile
Gillian EdDSenior ServicesWorldwideProfile
Dirk BartenSenior MarketingProfile
When determining whether Intuitive Surgical is a strong investment it is important to analyze Intuitive Surgical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Intuitive Surgical's future performance. For an informed investment choice regarding Intuitive Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuitive Surgical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in Intuitive Stock please use our How to Invest in Intuitive Surgical guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intuitive Surgical. If investors know Intuitive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intuitive Surgical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.24
Earnings Share
7.15
Revenue Per Share
25.609
Quarterly Revenue Growth
0.214
Return On Assets
0.0902
The market value of Intuitive Surgical is measured differently than its book value, which is the value of Intuitive that is recorded on the company's balance sheet. Investors also form their own opinion of Intuitive Surgical's value that differs from its market value or its book value, called intrinsic value, which is Intuitive Surgical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intuitive Surgical's market value can be influenced by many factors that don't directly affect Intuitive Surgical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intuitive Surgical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuitive Surgical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuitive Surgical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.