Intuitive Surgical (ISRG) Protective Put Calculator

Calculator · free · no signup · ISRG

Price a protective put, zero-cost collar, or put spread on Intuitive Surgical. Annual cost, max loss, upside cap, tax treatment, auto-filled from current ISRG option chain.

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About Intuitive Surgical

Intuitive Surgical (ISRG) is a public Other company, incorporated in Delaware and headquartered in Sunnyvale, CA.

Equity grants at Intuitive Surgical typically include restricted stock units (RSUs).

Intuitive Surgical, Inc. is an American biotechnology company that develops, manufactures, and markets robotic products designed to improve clinical outcomes of patients through minimally invasive surgery, most notably with the da Vinci Surgical System. The company is part of the Nasdaq-100, S&P 100 and S&P 500. As of 31 December 2021, Intuitive Surgical had an installed base of 6,730 da Vinci Surgical Systems, including 4,139 in the U.S., 1,199 in Europe, 1,050 in Asia, and 342 in the rest of the world.

Source: Wikipedia (CC BY-SA 4.0)

Founded in 1995 to commercialize robotic surgery research from SRI International, the company won clearance for the da Vinci system in 2000 and built a franchise on the razor-and-blade model: hospitals buy a system, then purchase instruments and accessories that expire after a set number of uses. That recurring revenue now exceeds system sales. Surgeon training and installed base create switching costs that have held competitors off for two decades. Ion extends the platform to lung biopsy. Headquarters are in Sunnyvale, California.

Sources: intuitive.com · en.wikipedia.org

Equity comp at Intuitive Surgical

  • RSUs use single-trigger vesting: shares become yours as each portion vests on schedule, and the value is taxed as ordinary income at that point. No IPO or acquisition is required.

Researched 2026-08-17.

OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Intuitive Surgical.

A protective put caps your downside on the ISRG position at a chosen floor; a zero-cost collar pays for that floor by capping the upside. This calculator prices both structures off the current ISRG option chain, with annual cost, max loss, and tax-treatment notes.

All Intuitive Surgical tools → · Use the generic Protect Your Stock Calculator for any company.

Intuitive Surgical equity questions

How much does it cost to hedge ISRG stock?
The cost of a protective put depends on how far below the current price you set the floor, how long the protection lasts, and ISRG's option-implied volatility. A zero-cost collar lowers that cost by selling away some upside. The calculator above prices both structures off the current ISRG option chain and shows the annual cost, maximum loss, and tax treatment.
Does Intuitive Surgical grant ISOs, NSOs, or RSUs?
Equity compensation at Intuitive Surgical typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
Do Intuitive Surgical RSUs use double-trigger vesting?
No. Intuitive Surgical restricted stock units (RSUs) use single-trigger vesting: each tranche becomes yours as it vests on schedule, taxed as ordinary income at that point, with no liquidity event required.
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