hungry_hippo

ISRG Earnings

Short
NASDAQ:ISRG   Intuitive Surgical, Inc.
MFI scrolling down from overbought, you figure they'd have to have blow out earnings to maintain this price level.

Haven't been doing well on earnings bets lately, so trade at your own risk.
Comment:
Looks like the market isn't going to reward companies for beating reduced estimates. Down AH, will probably let it ride until EOD because I only bought one contract.

This means there will be other opportunities to short earnings this quarter.
Comment:
Lol, every time I look at AH prices, it's lower.

$700 gap fill target for tomorrow.
Comment:
Looks like a clean win on this one, conf call must've sucked. Now at $710AH, should hit my $700 target tomorrow morning.

Not a whole lot of short interest or puts on this one.... so there's room for further downside.
Comment:
Congrats to the 2 people who liked the idea, lol.
Comment:
No guidance for the quarter, that is very bad news. The Da Vinci System costs over $2M each, they're not some sort of off the shelf purchase. They must not be getting orders....

www.investors.com/ne...es-provide-guidance/
Trade closed manually:
Bailed while I was still in the profit. Strange action, might reshort with next week's puts
Order cancelled:
Apparently, AH traders and day time traders have different opinions on earnings, not going back in
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