Shares of Taiwan Semiconductor Inc, (TSM) are trading up a .01 to 17.81. ?TSM is trading just off of its 52-week highs.
Today paper bought a large block of 18.453 TSM Apr 17.5 calls for .95 to .98.? The average contract volume is 908 contracts per day in the name, and open interest is just 776 contracts on the strike.? The implied volatility is up 2.1 points in April. ?The trade looks to be a bullish buyer of calls near-the-money and scatter blocks of calls are trading.
30-day implied volatility is 22%.?? 10-day implied volatility is 22%.? 30 day implied volatility is trading at the 10 day historical volatility.
Taiwan Semiconductor Manufacturing Co., Ltd. is principally engaged in the research, development, manufacture and distribution of integrated circuit (IC) related products. The Company operates its businesses through wafer manufacture, mask production, wafer testing and packaging components.