Whales with a lot of money to spend have taken a noticeably bearish stance on Taiwan Semiconductor.
Looking at options history for Taiwan Semiconductor (NYSE:TSM) we detected 34 trades.
If we consider the specifics of each trade, it is accurate to state that 29% of the investors opened trades with bullish expectations and 70% with bearish.
From the overall spotted trades, 9 are puts, for a total amount of $633,883 and 25, calls, for a total amount of $1,754,834.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $110.0 for Taiwan Semiconductor during the past quarter.
Analyzing Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Taiwan Semiconductor’s options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Taiwan Semiconductor’s substantial trades, within a strike price spectrum from $70.0 to $110.0 over the preceding 30 days.
Taiwan Semiconductor Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TSM | CALL | TRADE | BULLISH | 03/15/24 | $100.00 | $285.0K | 5.7K | 435 |
| TSM | PUT | TRADE | BEARISH | 01/19/24 | $110.00 | $220.0K | 403 | 3 |
| TSM | CALL | TRADE | BEARISH | 12/15/23 | $100.00 | $202.4K | 8.6K | 2.9K |
| TSM | CALL | TRADE | NEUTRAL | 12/15/23 | $100.00 | $202.4K | 8.6K | 735 |
| TSM | CALL | SWEEP | BULLISH | 11/24/23 | $96.00 | $149.1K | 626 | 6 |
About Taiwan Semiconductor
Taiwan Semiconductor Manufacturing Co. is the world’s largest dedicated chip foundry, with almost 60% market share. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC’s scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.
Having examined the options trading patterns of Taiwan Semiconductor, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Taiwan Semiconductor Standing Right Now?
- Currently trading with a volume of 5,899,339, the TSM’s price is down by -1.6%, now at $98.36.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 51 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Taiwan Semiconductor, Benzinga Pro gives you real-time options trades alerts.
