This Is What Whales Are Betting On Taiwan Semiconductor
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Taiwan Semiconductor (NYSE:TSM) with a mix of bullish and bearish options activities. The options activity suggests a potential price range of $120 to $250. TSM's stock is currently up 0.96% at $173.08, with RSI indicators hinting at an overbought condition.
September 13, 2024 | 2:04 pm
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Significant options activity in Taiwan Semiconductor (NYSE:TSM) indicates potential price movements. With 44% of investors bullish and 44% bearish, the stock is currently at $173.08, with a predicted range of $120 to $250.
The unusual options activity, with a significant number of calls, suggests bullish sentiment among investors. The predicted price range indicates potential upward movement, supported by the current stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100