Decoding Taiwan Semiconductor's Options Activity: What's the Big Picture?

Benzinga's options scanner just detected over 11 options trades for Taiwan Semiconductor TSM summing a total amount of $430,957.

At the same time, our algo caught 3 for a total amount of 84,066.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $40.0 and $160.0 for Taiwan Semiconductor, spanning the last three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Taiwan Semiconductor options trades today is 5461.33 with a total volume of 2,437.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Taiwan Semiconductor's big money trades within a strike price range of $40.0 to $160.0 over the last 30 days.

Taiwan Semiconductor 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

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.

Current Position of Taiwan Semiconductor

• Trading volume stands at 2,747,689, with TSM's price up by 0.52%, positioned at $131.32.
• RSI indicators show the stock to be may be approaching overbought.
• Earnings announcement expected in 51 days.

Professional Analyst Ratings for Taiwan Semiconductor

In the last month, 1 experts released ratings on this stock with an average target price of $160.0.

• Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for Taiwan Semiconductor, targeting a price of $160.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Taiwan Semiconductor with Benzinga Pro for real-time alerts.