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Taiwan Semi put buyer realizes 158% same-day gains

Taiwan Semi put buyer realizes 158% same-day gains

Notable profits for the buyer who lifted the $1.16 offer for 2,998 Taiwan Semi (TSM) Oct-24 182.5 puts yesterday at 09:43ET when underlying shares were trading at $191.96. Shares closed at $187.13, and the puts at $2.99 for a mark-to-market profit of 158%, or $550K, on the $348K outlay.

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