Intuitive Surgical Inc (ISRG) Option Trading Strategy: Butterfly

Trading Plan

  • Ticker: Intuitive Surgical Inc (ISRG)
  • Direction:  Bullish
  • Chart Pattern: Trading within an up trend channel
  • Price Target: 955
  • Duration: Out by July 20 (Earning July 20 AMC)
  • Option Strategy: Butterfly

 

Chart

 

 

ISRG Fundamental Data

 

Strike Price Setup

  • +1 July 28 945 Call
  • -2 July 28 955 Call
  • +1 July 28 965 Call

 

 

Risk Profile

 

  • Maximum Gain = $863
  • Maximum Loss = $95
  • Reward / Risk = 9.08

Original post from http://mystocksinvesting.com

 

 

Disclaimer: This is my own trade planning for own use. This is NOT a recommendation to buy or sell and I will NOT be responsible if anyone copy the trades without understanding the risks.