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Tuesday's move in Intuitive Surgical is probably more than short covering. How to play it using options

First publishedJul 28, 14:32 UTC
Last updatedJul 28, 19:18 UTC · 7m ago
11 outletCNBC Top News
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Answer

The broader market has been oddly quiet lately. The SPDR S & P 500 ETF (SPY) has spent the past three weeks chopping between roughly $735 and $755, while the CBOE Volatility Index ( VIX) sits near 18, nothing close to panic.

Reported by 1 outlet CNBC Top News. See all sources ↓

The broader market has been oddly quiet lately. The SPDR S & P 500 ETF (SPY) has spent the past three weeks chopping between roughly $735 and $755, while the CBOE Volatility Index ( VIX) sits near 18, nothing close to panic. So when a stock takes a real beating right now, it isn't the tape dragging it down, it's on its own. That's exactly what happened to Intuitive Surgical (ISRG) .

Read the full report at CNBC Top News

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In brief
What's the story?
The broader market has been oddly quiet lately. The SPDR S & P 500 ETF (SPY) has spent the past three weeks chopping between roughly $735 and $755, while the CBOE Volatility Index ( VIX) sits near 18, nothing close to panic.
How widely is it covered?
1 outlet, average source rating 7.0/10.
When was it last updated?
7m ago.
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    Tuesday's move in Intuitive Surgical is probably more than short covering. How to play it using options

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