Mixed options sentiment in Taiwan Semi (TSM), with shares up $5.28, or 2.24%, near $240.49. Options volume running well above average with 95k contracts traded and calls leading puts for a put/call ratio of 0.84, compared to a typical level near 0.98. Implied volatility (IV30) dropped 0.47 near 29.19,in the lowest 10% of observations over the past year, suggesting an expected daily move of $4.42. Put-call skew flattened, suggesting a modestly bullish tone.
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