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Moderately bullish activity in Taiwan Semi (TSM), with shares up $0.06 (+0.03%) near $194.04

Options volume is relatively light, with 88k contracts traded and calls leading puts for a put/call ratio of 0.67, compared to a typical level near 0.79. Implied volatility (IV30) rose 0.38 to 35.21,in the bottom quartile, suggesting an expected daily move of $4.30. Put-call skew flattened, suggesting a modestly bullish tone.

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