Taiwan Semiconductor Unusual Options Activity For July 03
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Taiwan Semiconductor (NYSE:TSM), with a mix of bullish and bearish stances. The majority of the trades are bearish, with whales targeting a price range from $85.0 to $110.0 over the last 3 months. The current price of TSM is up 1.8% at $102.74. Susquehanna maintains a positive rating on TSM with a price target of $128.
July 03, 2023 | 4:48 pm
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Unusual options activity has been observed for Taiwan Semiconductor, with a majority of bearish trades. The current price is up 1.8% at $102.74, and Susquehanna maintains a positive rating with a price target of $128.
The news of unusual options activity, both bullish and bearish, indicates a high level of interest and potential volatility for TSM. However, the current price is rising and Susquehanna maintains a positive rating with a higher price target, suggesting potential upward movement in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100