Notable profits for the buyer who lifted the $11.10 offer for 10,000 Taiwan Semi (TSM) Mar-26 360 calls yesterday at 09:38ET when underlying shares were trading at $342.56. Shares closed at $348.85, and the calls at $14.50 for a mark-to-market profit of 31%, or $3403K, on the $11100K outlay.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM:
- TSMC (TSM) Expands in Arizona, but Taiwan Draws Limits on U.S. Chip Shift
- Antipodes Partners Ltd Cuts Stake in Taiwan Semiconductor
- Midday Fly By: Amazon sinks on spending plans, Stellantis takes big charge
- Nvidia plans to make 3nm chips in Japan, Bloomberg reports
- First Eagle Investment Management Cuts Taiwan Semiconductor Stake
