Let me change this around. Would you like to be able to own isrg for 420 a share? I would. Im the guy selling the puts to you and collecting the premiums and would be happy to take the stock in at 420. That is almost a 50% retracement of the past quaters move which tends to be a good floor. Also earnings protection is in play so that is your reason. Motivated sellers and buyers; nothing special.
What specifically is not true?
You say "I know this company very well" do you mean ISRG?
"They are using Linux and have least staff in IT. They are just running the shop on bones."
What does this even mean? That you think that they are running on a shoestring? Or that they have outsourced IT like lots of other companies so they can concentrate on their core competencies? I don't know whether you "know this company and some people" but you sure don't know IT.
"Check any THC, and HCA hospital." Check them for what? What should we check and how will that prove anything? Please try to make sense.
I'm almost certain I had an exchange with you a year or more ago and you were bearish on ISRG then, and yet here we are at a new all time high.
The PUTS are meaningless or at least their meaning is ambiguous and not actionable.
That is not true. I know this company and some people very well. They are using Linux and have least staff in IT. They are just running the shop on bones.
But, being said that. EU is an issue, and so are American Hospitals. Check any THC, and HCA hospital. You will know this.
I am in the profession, and not risking any thing to get just 1 share at $460+?
I am just wondering the PUTS, and seeing some issues.
I will buy this at right price.
The situation in Europe will slow adoption of robotic surgery about as much as the dot com bust slowed adoption of smart phones, which is to say not very much. Spain which has been in bad shape for several years has been buying daVincis at their highest rate ever.
Even if someone expected a big drop, that doesn't mean they are right. The truth is that there is a long history of massive outstanding options in ISRG that have expired worthless.
Were these hedges that were intended to expire worthless or was it some huge but misguided position of someone betting the wrong way? There's really no way to know.
Check out this earlier thread.