Option traders moderately bearish in Taiwan Semi (TSM), with shares down 25c near $301.62. Options volume relatively light with 33k contracts traded and puts leading calls for a put/call ratio of 2.39, compared to a typical level near 0.92. Implied volatility (IV30) dropped 0.11 near 34.68,and below the 52wk median, suggesting an expected daily move of $6.59. Put-call skew steepened, indicating increased demand for downside protection.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM:
- TSMC price target raised to $330 from $290 at Bernstein
- Private Markets: Kalshi announces new funding at $11B valuation
- Moderately bullish activity in Taiwan Semi with shares up 0.97%
- Citi reiterates Sell on Intel, doubts will supply Apple with ARM CPUs
- Applied Materials Stock (AMAT) Gets a Big Price Target Boost from Top-Rated Analyst