ISRG Stock Options Analysis

Dive deep into implied volatility, put/call ratios, and unusual activity.

$421.12
-6.94 (-1.62%)
Stock Price as of: May 15, 2026 00:00 ET
Options Data as of: May 15, 2026 20:00 ET
29%
IV Percentile (30D)
Below average (cheaper premiums)
Current IV: 22.6%
0.94
Put/Call Ratio (Volume)
Bullish sentiment (more calls traded)
1.21
Put/Call Ratio (Open Interest)
Bearish sentiment (more puts open)
Options Activity Overview

3,721

Total Volume (Today)

Average (-26% vs avg)

5,046

Avg Daily Volume (5d)

48,285

Total Open Interest

0.08

Volume/OI Ratio

Low activity

Average Implied Volatility: 35.3%

Unusual Options Activity
Type Strike Exp. Date Volume Open Int. IV Score Mid Price
Call $448 2026-05-29 174 3 36.8% 53.4 $2.85
Put $395 2026-06-05 130 9 35.1% 53.4 $3.20
Call $445 2026-05-22 158 16 34.9% 52.7 $1.05
Put $410 2026-05-22 121 47 38.5% 13.8 $3.00
Recommended ISRG Option Strategies

Select a strategy below to see a live setup for ISRG, including P&L charts and institutional gamma levels.

Frequently Asked Questions

The current average implied volatility for ISRG near-ATM options is 35.3%. Our IV Percentile is 29%, which indicates that options premiums are currently below average (cheaper premiums) relative to its recent 30-day historical range.

IV Percentile Guide:
80%+: High - consider selling premium (covered calls, credit spreads)
60-80%: Above average - selling strategies may be advantageous
40-60%: Average - balanced approach works
20-40%: Below average - buying options becomes more attractive
Below 20%: Unusually low - favorable for buying calls or puts

The Put/Call Ratio by volume for ISRG is 0.94 and by open interest is 1.21.

A ratio above 1 indicates a prevalence of put options, often signaling more bearish sentiment or demand for downside protection. A ratio below 1 indicates more call options, suggesting bullish sentiment or demand for upside exposure.

This options data provides valuable insights into market sentiment and options pricing. High IV suggests selling premium, while low IV suggests buying premium. The Put/Call ratio can confirm overall market direction bias. Unusual activity might highlight institutional positioning. Always combine this with your own technical and fundamental analysis.

For specific options strategies tailored to current market conditions for ISRG, explore our advanced options advisor tools and strategy builder. This data can inform strategies like covered calls, cash-secured puts, iron condors, and more.

Explore Options Advisor for ISRG