This article is about what some rich people who have a lot of money think about a company called Intuitive Surgical. They use something called options to guess if the price of the company's stock will go up or down. Most of these rich people think the price will go down, so they are betting on that. The article also talks about what some experts think the price of the company's stock should be in the future. It says that options can be risky but can also make you more money if you guess right. To keep track of what these rich people and experts do, you can use a service called Benzinga Pro. Read from source...

1. The title is misleading and clickbait. It implies that the options market has some special insight into Intuitive Surgical, but it doesn't explain what that insight is or how it is relevant for investors. A better title would be something like "Options Trading Activity in Intuitive Surgical: A Analysis of Sentiment and Potential Implications".
2. The article begins with a vague statement about whales being bearish on Intuitive Surgical, without providing any evidence or context for this claim. It is unclear who these whales are, how they are measuring their bearishness, and why it matters to the reader. A more informative introduction would be something like "According to our options history data, a significant portion of large investors have been selling puts and calls on Intuitive Surgical in the past month, indicating a negative outlook on the stock's future performance".
3. The article presents some numerical data about the trades, such as the number, type, amount, and strike price, but does not explain what they mean or how they are derived. For example, it mentions that 11% of the investors opened trades with bullish expectations and 88% with bearish, but it does not define what constitutes a bullish or bearish expectation, nor how it is measured from the options data. It also does not mention any sources or methods for collecting and processing the data, which raises questions about its reliability and validity. A more transparent and educational approach would be to provide some background information on options trading, such as what they are, how they work, and how they can be used to express different views on a stock's price direction and volatility.
4. The article claims that whales have been targeting a price range of $380.0 to $410.0 for Intuitive Surgical over the last 3 months, based on the volume and open interest of the contracts, but it does not provide any evidence or reasoning for this claim. It is unclear how the volume and open interest are related to the price target, and what factors influence them. A more logical argument would be to show how the options data supports or contradicts the price target, such as by comparing the implied volatility, the delta, the gamma, or the vega of the contracts, and how they change over time.
5. The article cites an analyst from RBC Capital who has an Outperform rating on Intuitive Surgical, but it does not disclose any conflicts of interest, such as whether the analyst has a position in the stock, receives compensation from the company or its competitors, or has any other biases that could affect his credibility. It

The article has a bearish sentiment towards Intuitive Surgical. This is evident from the statement that "whales with a lot of money to spend have taken a noticeably bearish stance on Intuitive Surgical" and the fact that 88% of investors opened trades with bearish expectations, while only 11% did so with bullish ones. Additionally, the projected price targets range from $380.0 to $410.0, which is below the current market price of around $425.0. The article also mentions an analyst who maintains an Outperform rating on the stock but does not provide any positive outlook or forecast for the company's future performance.

- Buy Intuitive Surgical stock at a price below $380.0 with a stop loss above $410.0, aiming for a profit of around 7%. This strategy is based on the bearish options activity detected by Benzinga Insights and the price range targeted by whales over the last three months.
- Sell Intuitive Surgical call options with a strike price of $410.0 or higher, collecting premiums of 3% to 5% per contract. This strategy is based on the high open interest and volume of put contracts, indicating that there is significant downside pressure on the stock price.
- Set a limit order to buy Intuitive Surgical put options with a strike price of $380.0 or lower, paying premiums of 2% to 4% per contract. This strategy is based on the low volume and open interest of call contracts, indicating that there is limited upside potential for the stock price.