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Check Out What Whales Are Doing With TSM
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Check Out What Whales Are Doing With TSM
Dec 17, 2024 7:14 AM

Financial giants have made a conspicuous bullish move on Taiwan Semiconductor. Our analysis of options history for Taiwan Semiconductor revealed 13 unusual trades.

Delving into the details, we found 53% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $191,740, and 10 were calls, valued at $676,100.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $140.0 to $240.0 for Taiwan Semiconductor over the recent 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 $140.0 to $240.0 in the last 30 days.

Taiwan Semiconductor Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
TSM CALL TRADE NEUTRAL 01/24/25 $32.6 $31.35 $31.95 $170.00 $159.7K 111 50
TSM CALL SWEEP BULLISH 01/10/25 $14.1 $13.7 $14.1 $190.00 $112.8K 385 81
TSM PUT SWEEP BULLISH 01/17/25 $2.88 $2.78 $2.78 $180.00 $111.2K 10.6K 403
TSM CALL TRADE BULLISH 01/24/25 $62.9 $61.25 $62.9 $140.00 $88.0K 70 6
TSM CALL TRADE BULLISH 01/17/25 $62.8 $62.05 $62.8 $140.00 $62.8K 3.5K 10

About Taiwan Semiconductor

Taiwan Semiconductor Manufacturing Co. ( TSM ) is the world's largest dedicated chip foundry, with over 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 us 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.

In light of the recent options history for Taiwan Semiconductor, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of Taiwan Semiconductor

Currently trading with a volume of 586,460, the TSM's price is down by -0.2%, now at $201.81.

RSI readings suggest the stock is currently may be approaching overbought.

Anticipated earnings release is in 30 days.

Expert Opinions on Taiwan Semiconductor

1 market experts have recently issued ratings for this stock, with a consensus target price of $240.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

* An analyst from Barclays has decided to maintain their Overweight rating on Taiwan Semiconductor, which currently sits at a price target of $240.

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.

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