Notable profits for the buyer who lifted the $10.60 offer for 6,600 Taiwan Semi (TSM) Sep-25 240 puts yesterday at 13:01ET when underlying shares were trading at $235.96. Shares closed at $232.70, and the puts at $12.36 for a mark-to-market profit of 17%, or $1162K, on the $6996K outlay.
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:
- Bearish options flow identified in Taiwan Semi with shares down 3.02%
- Taiwan Semi put volume heavy and directionally bearish
- Nvidia Stock May Not Hold the AI Crown Forever. Here’s Why You Should Diversify.
- Duquesne Family Office Boosts Stake in TSMC
- Nvidia Stock (NVDA) Weakens as Trump Says ’14 Days’ Until Chips Tariffs Hit