Bullish flow in Taiwan Semi (TSM), with shares up $10.19, or 3.65%, near $289.48. Options volume running well above average with 144k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.89. Implied volatility (IV30) is higher by 1.6 points near 40.83,and above the 52wk median, suggesting an expected daily move of $7.45. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Taiwan Semi (TSM) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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