Option traders moderately bearish in Taiwan Semi (TSM), with shares down $6.92 near $234.71. Options volume roughly in line with average with 36k contracts traded and calls leading puts for a put/call ratio of 0.97, compared to a typical level near 0.77. Implied volatility (IV30) is higher by 2.5 points near 35.51,in the bottom quartile of the past year, suggesting an expected daily move of $5.25. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM:
- Taiwan Semi put buyer realizes 4% same-day gains
- TSMC Appoints New Treasurer for Global Subsidiary
- KLA Corp. price target raised to $928 from $916 at Morgan Stanley
- ‘Price Hikes Won’t Be Enough for an Upgrade,’ Says Jefferies about Apple Stock (AAPL)
- Apple (AAPL) to Open New ‘Manufacturing Academy’ in Detroit