Quantchabot has detected a new Bear Call Spread trade opportunity for INTUITIVE SURGICAL (ISRG) for the 10-Jul-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ISRG was recently trading at $417.86 and has an implied volatility of 35.41% for this period. Based on an analysis of the options available for ISRG expiring on 10-Jul-2026, there is a 34.19% likelihood that the underlying will close within the analyzed range of $373.37-$419.58 at expiration. In this scenario, the average linear return for the trade would be 58.34%.
52 week low: INTUITIVE SURGICAL recently reached a new 52-week low at $414.14. ISRG had traded in the range $414.30-$603.88 over the past year.
Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if ISRG maintains its current direction and does not revert back to pricing on the bullish side of $417.86 on 10-Jul-2026. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bearish strategy, the trade would be profitable if INTUITIVE SURGICAL closes at or below $420.30 on 10-Jul-2026. Based on our risk-neutral analysis, there is a 50.59% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
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