Financial giants have made a conspicuous bullish move on Taiwan Semiconductor. Our analysis of options history for Taiwan Semiconductor TSM revealed 39 unusual trades.
Delving into the details, we found 51% of traders were bullish, while 48% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $1,491,638, and 32 were calls, valued at $4,227,027.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $70.0 and $160.0 for Taiwan Semiconductor, spanning the last three months.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Taiwan Semiconductor's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Taiwan Semiconductor's whale activity within a strike price range from $70.0 to $160.0 in the last 30 days.
Taiwan Semiconductor Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TSM | PUT | TRADE | BULLISH | 09/20/24 | $130.00 | $1.1M | 2.1K | 1.4K |
| TSM | CALL | TRADE | BULLISH | 09/20/24 | $160.00 | $1.1M | 2.6K | 1.4K |
| TSM | CALL | TRADE | BEARISH | 06/20/25 | $100.00 | $485.0K | 301 | 100 |
| TSM | CALL | SWEEP | BEARISH | 05/17/24 | $135.00 | $448.0K | 6.4K | 410 |
| TSM | CALL | TRADE | BEARISH | 05/17/24 | $145.00 | $414.0K | 3.7K | 603 |
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.
Where Is Taiwan Semiconductor Standing Right Now?
- Trading volume stands at 3,732,036, with TSM's price down by -1.03%, positioned at $138.79.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 23 days.
Professional Analyst Ratings for Taiwan Semiconductor
In the last month, 1 experts released ratings on this stock with an average target price of $150.0.
- Consistent in their evaluation, an analyst from Bernstein keeps a Outperform rating on Taiwan Semiconductor with a target price of $150.
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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