Whales with a lot of money to spend have taken a noticeably bearish stance on Taiwan Semiconductor.
Looking at options history for Taiwan Semiconductor we detected 42 trades.
If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 47% with bearish.
From the overall spotted trades, 10 are puts, for a total amount of $463,417 and 32, calls, for a total amount of $2,319,362.
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $80.0 to $200.0 for Taiwan Semiconductor during the past quarter.
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Taiwan Semiconductor's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Taiwan Semiconductor's significant trades, within a strike price range of $80.0 to $200.0, over the past month.
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
TSM | CALL | SWEEP | BEARISH | 2.9K | 234 | ||||||
TSM | CALL | TRADE | BULLISH | 1.7K | 43 | ||||||
TSM | CALL | TRADE | BEARISH | 1.0K | 60 | ||||||
TSM | PUT | TRADE | BULLISH | 1.1K | 501 | ||||||
TSM | CALL | TRADE | BULLISH | 172 | 50 |
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 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.
After a thorough review of the options trading surrounding Taiwan Semiconductor, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Trading volume stands at 4,158,170, with TSM's price up by 0.86%, positioned at $182.72.
RSI indicators show the stock to be may be approaching overbought.
Earnings announcement expected in 14 days.
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