Buying ISRG call contracts.

Intuitive Surgical (ISRG) sells robotic systems for medical procedures.

The company profits from both original equipment sales and also from disposable accessories and warranty services.

Now that pandemic fears are subsiding, patients are going in for more elective surgeries or procedures that were able to be put off for several quarters. This ramp up in volume should drive strong profit growth for ISRG.

The stock broke higher this fall before consolidating its gain. Today, ISRG looks poised to trade higher and could be a big beneficiary of a Santa rally into year end.

We’re buying call contracts that should hold their value even if the stock continues sideways — but have plenty of profit potential if ISRG moves back toward all-time highs.

• Buy (to open) 3 ISRG February 17th $230 Calls
• Limit $42.50 or less
• The new position will represent roughly 7.6% of our Spec Model capital

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• Executed 11:57
• BOT 3 ISRG Feb 17th $230 Calls @ $40.53