Intuitive Surgical (ISRG) Options Chain

NASDAQ: ISRGHealth CareIndustrial SpecialtiesUSD

423.96+8.55 (+2.06%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Sep 17, 2027
Days to expiration: 341
Share price: $423.96
Put/call ratio (OI): 1.38
Put/call ratio (volume): 1.48
ATM implied volatility: 40.5%
Expected move: ±$165.76
Open interest (C / P): 539 / 742

ISRG options summary

The ISRG options chain for the September 17, 2027 expiration lists 28 call and 27 put contracts, with 341 days until expiration. Open interest stands at 539 calls and 742 puts, a put/call ratio of 1.38, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $420.00 strike is 40.5%, which implies the market expects a move of about ±$165.76 (39.1%) in Intuitive Surgical stock by expiration.

The most open interest sits at the $520.00 call (280 contracts) and the $340.00 put (155 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

ISRG options chain · September 17, 2027

ISRG calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	195.00	1.45	2.40	1.97	47.4%	5	20
—	—	—	—	—	—	200.00	1.25	3.30	2.35	49.2%	10	33
—	—	—	—	—	—	210.00	2.05	3.30	3.50	46.4%	1	2
2	1	63.9%	172.90	213.00	222.00	220.00	2.70	3.90	4.20	45.4%	—	5
—	—	—	—	—	—	240.00	3.50	6.20	5.83	45.2%	3	8
—	—	—	—	—	—	250.00	5.20	7.70	7.18	45.2%	1	102
1	—	59.6%	137.40	181.00	188.00	260.00	2.95	8.40	7.80	43.6%	4	4
—	—	—	—	—	—	270.00	3.00	13.00	13.50	47.3%	9	15
—	—	—	—	—	—	280.00	7.80	11.40	11.60	42.5%	1	8
—	—	—	—	—	—	290.00	9.70	12.90	12.70	41.6%	6	10
1	1	54.5%	119.50	149.60	155.00	300.00	12.00	13.50	13.00	39.6%	2	12
6	5	52.4%	135.27	141.00	146.10	310.00	13.90	15.50	24.20	39.1%	21	19
1	—	51.7%	84.70	132.90	140.00	320.00	16.10	17.20	17.30	38.1%	2	139
4	1	51.0%	106.00	126.00	132.80	330.00	18.20	22.00	21.50	39.7%	5	16
1	2	50.2%	109.65	119.00	126.00	340.00	20.80	24.60	24.00	39.1%	1	155
15	1	51.9%	101.00	110.10	119.00	350.00	21.90	27.30	28.00	38.4%	1	8
1	1	50.9%	75.65	103.20	112.20	360.00	23.70	31.30	27.42	38.5%	2	66
5	1	50.2%	82.15	99.00	106.00	370.00	29.70	31.80	30.91	35.9%	2	29
8	1	49.5%	70.98	93.00	100.00	380.00	33.10	36.40	35.70	36.1%	1	0
22	1	49.0%	72.95	87.00	94.30	390.00	36.80	41.80	46.30	36.7%	1	1
10	1	48.4%	78.46	82.00	88.80	400.00	41.80	44.50	42.30	35.2%	6	4
11	1	47.3%	79.74	74.00	82.60	410.00	45.80	49.20	52.90	35.0%	1	7
2	1	46.1%	70.18	71.60	76.40	420.00	50.70	54.40	53.09	34.8%	1	6
ISRG $423.96
—	—	—	—	—	—	430.00	55.10	58.00	66.44	33.5%	30	39
11	1	45.8%	64.32	60.40	67.90	440.00	60.10	65.10	61.90	34.2%	4	20
4	1	45.7%	51.50	59.00	64.00	450.00	65.60	68.90	68.90	32.7%	1	12
3	1	45.4%	53.00	51.00	60.00	460.00	—	—	—	—	—	—
35	1	44.7%	51.88	50.50	55.50	470.00	—	—	—	—	—	—
21	40	44.5%	42.39	46.00	52.00	480.00	—	—	—	—	—	—
2	1	44.4%	38.30	42.00	49.00	490.00	—	—	—	—	—	—
50	1	43.1%	33.65	39.00	44.10	500.00	96.80	100.90	139.00	30.9%	—	2
7	2	43.5%	31.15	34.00	42.00	510.00	—	—	—	—	—	—
280	1	43.4%	26.62	33.00	39.30	520.00	—	—	—	—	—	—
17	4	43.6%	23.60	26.00	32.90	550.00	—	—	—	—	—	—
3	—	42.2%	14.80	19.00	27.10	570.00	—	—	—	—	—	—
4	1	41.8%	19.48	17.80	23.20	590.00	—	—	—	—	—	—
12	10	43.5%	19.75	14.00	24.00	600.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the ISRG put/call ratio?

For the September 17, 2027 expiration, the ISRG put/call ratio based on open interest is 1.38 (742 puts vs 539 calls), and 1.48 based on today's volume. A ratio above 1 means more puts than calls.

What is ISRG's implied volatility?

At-the-money implied volatility for ISRG options expiring September 17, 2027 is about 40.5%, an annualized estimate of how much the market expects Intuitive Surgical stock to move.

How many ISRG option expiration dates are there?

ISRG has 16 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.