Replies to post #58234 on Options Wonderland

[BUDDIEE18]

ISRG

Put/Call and OI B/W 250 and 400 53 minutes ago I was looking at the open interest and today's put and call volumes on ISRG between 250 and 400. Here is what I see

Call Vol as of 9.42 AM = 1804
Put Vol as of 9.42 AM = 1140
Open Interest as of July 20 (today's open interest will update tomm)
Call OI = 7403
Put OI = 6893
Put/Call OI = 0.93
Put/Call OI (if we deduct yesterdays huge put vol for 320 strike) = 0.50

I am not sure if someone is hedging their longs with a 320 put ( I would think they would buy lower strike for hedging) and because the overnight open interest increased someone has opened about 3k new puts at 320.

Oddly enough, volume is lower and so is IVOL. I have a feeling they are going to miss the estimates. I am not a shorty----strangely I am long not by choice but by circumstances.

I remember last july when they were going to beat the earnings huge and the stock was at 160ish someone bought 300 calls at 200 strike price. Didnt understand why but looking back I think options say a lot about stocks that are thinly traded in terms of volume.

Good luck everybody and please share your thoughts, if any.
Please I am not interested in hearing you bashing either long or short positions.

We are all here to make money so please post educating information.

http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&gg=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&cs=1&yf=1&bg=1&sa=1&symbol=isrg

[3xBuBu]

ISRG usually do well after ER

[3xBuBu]

ISRG up 2 days, can it break
341 and reach 359?
it only dropped in AH after ER on Wed, and recovered all the losses so far