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Option update 1-31-08: Intuitive Surgical traders spread risk into EPS

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Intuitive Surgical (NASDAQ: ISRG) is recently up $16.34 to $251.34.

ISRG is expected to report Q3 EPS of $1.03 after the market closes tonight according to Thomson First Call.

ISRG, develops, manufactures and markets robotic technologies designed to improve patient returns.

ISRG February option implied volatility is at 101, March is at 70 and July volatility is at 61, above its 26-week average of 56 according to Track Data, suggesting larger price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

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Last updated: November 26, 2009: 04:06 AM

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