Mixed options sentiment in Taiwan Semi (TSM), with shares down $3.77 near $397.84. Options volume relatively light with 24k contracts traded and puts leading calls for a put/call ratio of 2.28, compared to a typical level near 0.93. Implied volatility (IV30) dropped 0.74 near 42.64,in the top quartile of the past year, suggesting an expected daily move of $10.69. Put-call skew flattened, suggesting a modestly bullish tone.
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