Looking At Taiwan Semiconductor's Recent Unusual Options Activity
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. Of the 35 unusual trades detected, 48% were bullish and 51% were bearish. The total amount for puts was $761,590 and for calls was $7,296,342. Whales have been targeting a price range from $70.0 to $120.0 for TSM over the last 3 months. The current price of TSM is up 3.4% at $92.65.
October 19, 2023 | 8:46 pm
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NEUTRAL IMPACT
Unusual options activity has been observed for Taiwan Semiconductor, indicating potential volatility in the short term. The current price of TSM is up 3.4% at $92.65.
The unusual options activity, both bullish and bearish, indicates that investors are expecting significant price movement in the short term. However, it's unclear whether the price will move up or down, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100