Smart Money Is Betting Big In TSM Options
Portfolio Pulse from Benzinga Insights
Whales are showing a bullish stance on Taiwan Semiconductor (NYSE: TSM) with significant options trading activity. 52% of the trades are bullish, with a total of $2,102,165 in calls and $87,556 in puts. Analysts have a consensus target price of $223.33, with recent ratings from Susquehanna and Needham being positive.
July 26, 2024 | 2:02 pm
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Whales are showing a bullish stance on Taiwan Semiconductor (NYSE: TSM) with significant options trading activity. 52% of the trades are bullish, with a total of $2,102,165 in calls and $87,556 in puts. Analysts have a consensus target price of $223.33, with recent ratings from Susquehanna and Needham being positive.
The significant bullish options activity and positive analyst ratings suggest a likely upward movement in TSM's stock price. The high volume of calls compared to puts indicates strong investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100