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Added to YB: 2026-03-12

Pitch date: 2026-03-09

ISRG [bullish]

Intuitive Surgical, Inc.

-2.97%

current return

Author Info

No bio for this author

Company Info

Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally.

Market Cap

$175.3B

Pitch Price

$493.95

Price Target

N/A

Dividend

N/A

EV/EBITDA

47.13

P/E

62.71

EV/Sales

16.85

Sector

Health Care Equipment and Supplies

Category

growth

Show full summary:
Selling the Surgical Panic on Intuitive ($ISRG)

ISRG: Sold $430 puts (May 15, 2026) for $12.10 ($2.3M credit). $430 strike = $5 above 52W low, 14% cushion from current $486. 67 days to expiry. Euro expansion via direct ops (Italy/Spain/Portugal) capturing full margins on da Vinci 5. 95% recurring rev model. Break-even $417.90. Bull case: mean reversion to 200-DMA $512, theta decay. Bear case: forced ownership at washout valuation if macro shock hits.

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