Whales with a lot of money to spend have taken a noticeably bullish stance on Taiwan Semiconductor.
Looking at options history for Taiwan Semiconductor TSM we detected 18 trades.
If we consider the specifics of each trade, it is accurate to state that 55% of the investors opened trades with bullish expectations and 44% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $390,288 and 12, calls, for a total amount of $1,459,787.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $130.0 for Taiwan Semiconductor during the past quarter.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Taiwan Semiconductor stands at 2675.2, with a total volume reaching 9,268.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Taiwan Semiconductor, situated within the strike price corridor from $50.0 to $130.0, throughout the last 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 | SWEEP | BEARISH | 01/17/25 | $100.00 | $734.1K | 4.8K | 397 |
| TSM | CALL | SWEEP | BEARISH | 01/17/25 | $100.00 | $262.6K | 4.8K | 107 |
| TSM | PUT | SWEEP | BULLISH | 02/23/24 | $111.00 | $112.1K | 3.0K | 1.0K |
| TSM | PUT | TRADE | BULLISH | 01/16/26 | $100.00 | $93.8K | 244 | 101 |
| TSM | CALL | SWEEP | BULLISH | 01/17/25 | $130.00 | $90.9K | 2.7K | 46 |
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.
Following our analysis of the options activities associated with Taiwan Semiconductor, we pivot to a closer look at the company's own performance.
Present Market Standing of Taiwan Semiconductor
- With a volume of 3,951,512, the price of TSM is down -0.39% at $116.8.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 80 days.
Professional Analyst Ratings for Taiwan Semiconductor
1 market experts have recently issued ratings for this stock, with a consensus target price of $125.0.
- Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Taiwan Semiconductor with a target price of $125.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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