Bearish flow noted in Intuitive Surgical with 1,815 puts trading, or 1.4x expected. Most active are Sep-23 297.5 puts and 9/8 weekly 295 puts, with total volume in those strikes near 350 contracts. The Put/Call Ratio is 1.55, while ATM IV is up over 2 points on the day. Earnings are expected on October 17th.
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