A whale with a lot of money to spend has taken a noticeably bearish stance on Taiwan Semiconductor.
Looking at options history for Taiwan Semiconductor (NYSE:TSM) we detected 25 strange trades.
If we consider the specifics of each trade, it is accurate to state that 48% of the investors opened trades with bullish expectations and 52% with bearish.
From the overall spotted trades, 14 are puts, for a total amount of $1,115,112 and 11, calls, for a total amount of $3,800,820.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $70.0 to $150.0 for Taiwan Semiconductor over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Taiwan Semiconductor options trades today is 4361.69 with a total volume of 47,406.00.
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 $70.0 to $150.0 over the last 30 days.
Taiwan Semiconductor Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TSM | CALL | TRADE | BULLISH | 05/20/22 | $110.00 | $3.2M | 12.9K | 2.5K |
| TSM | PUT | SWEEP | BEARISH | 05/20/22 | $110.00 | $205.9K | 15.3K | 7.8K |
| TSM | PUT | SWEEP | NEUTRAL | 05/20/22 | $110.00 | $168.9K | 15.3K | 8.1K |
| TSM | PUT | SWEEP | BEARISH | 05/20/22 | $110.00 | $133.7K | 15.3K | 676 |
| TSM | PUT | SWEEP | BULLISH | 05/20/22 | $125.00 | $127.0K | 1.6K | 244 |
Where Is Taiwan Semiconductor Standing Right Now?
- With a volume of 3,367,034, the price of TSM is down -1.34% at $117.71.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 51 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
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