A Closer Look at Taiwan Semiconductor's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
The options market for Taiwan Semiconductor (NYSE:TSM) shows a bullish sentiment with significant trades, including 12 call options totaling $2.4 million and 8 put options totaling $495,055. The stock is currently trading at $187.45, up by 0.75%, with a potential overbought condition. Major market movers are focusing on a price range between $130 and $200.
October 09, 2024 | 1:45 pm
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Taiwan Semiconductor's options market shows a bullish trend with significant call option activity. The stock is currently trading at $187.45, up by 0.75%, and may be approaching an overbought condition. Investors are focusing on a price range between $130 and $200.
The article highlights a bullish sentiment in the options market for TSM, with a significant amount of call options compared to puts. The stock's current price increase and potential overbought condition suggest positive short-term momentum. The focus on a specific price range indicates where investors expect the stock to move.
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