20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Financial giants have made a conspicuous bullish move on Taiwan Semiconductor. Our analysis of options history for Taiwan Semiconductor (NYSE:TSM) revealed 61 unusual trades.
Delving into the details, we found 54% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 13 were puts, with a value of $1,034,995, and 48 were calls, valued at $3,086,388.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $115.0 to $195.0 for Taiwan Semiconductor over the recent three months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Taiwan Semiconductor's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Taiwan Semiconductor's whale trades within a strike price range from $115.0 to $195.0 in the last 30 days.
Taiwan Semiconductor 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSM | PUT | TRADE | NEUTRAL | 04/19/24 | $3.2 | $3.1 | $3.15 | $137.00 | $441.0K | 1.0K | 90 |
| TSM | PUT | TRADE | BULLISH | 06/20/25 | $10.4 | $10.15 | $10.25 | $120.00 | $184.5K | 329 | 0 |
| TSM | CALL | SWEEP | BEARISH | 09/20/24 | $6.8 | $6.75 | $6.8 | $160.00 | $174.7K | 4.4K | 313 |
| TSM | CALL | SWEEP | NEUTRAL | 04/19/24 | $4.65 | $4.6 | $4.63 | $137.00 | $161.8K | 743 | 539 |
| TSM | CALL | SWEEP | BEARISH | 05/17/24 | $10.4 | $10.3 | $10.3 | $135.00 | $103.0K | 6.4K | 498 |
About Taiwan Semiconductor
Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with almost 60% market share. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.
After a thorough review of the options trading surrounding Taiwan Semiconductor, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Taiwan Semiconductor Standing Right Now?
- With a volume of 7,667,716, the price of TSM is down -0.38% at $139.61.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 2 days.
Expert Opinions on Taiwan Semiconductor
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $164.33333333333334.
- An analyst from Susquehanna persists with their Positive rating on Taiwan Semiconductor, maintaining a target price of $180.
- An analyst from Needham persists with their Buy rating on Taiwan Semiconductor, maintaining a target price of $168.
- An analyst from Barclays persists with their Overweight rating on Taiwan Semiconductor, maintaining a target price of $145.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Taiwan Semiconductor options trades with real-time alerts from Benzinga Pro.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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