Option traders moderately bearish in Taiwan Semi (TSM), with shares down $3.74 near $327.47. Options volume running well above average with 56k contracts traded and puts leading calls for a put/call ratio of 1.76, compared to a typical level near 1.02. Implied volatility (IV30) is higher by 0.2 points near 39.67,and above the 52wk median, suggesting an expected daily move of $8.18. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM:
- TSMC hard-pressed to meet surging AI chip demand, The Information says
- TSMC Will Report Its Q4 Earnings Tomorrow. Options Traders Are Expecting a 4.86% Move in TSM Stock
- TSM Stock Near Record Highs—Is It Still a Buy Ahead of Q4 Earnings?
- “The Number Two Chip Foundry,” Intel Stock (NASDAQ:INTC) Blasts Up on New Appraisal
- Nvidia Stock Little Changed after China Limits H200 Chip Purchases to Special Situations