Shares of the Taiwan Semiconductor Corp (TSM) are up .64 to 19.41.? TSM is near the 52 week high.
Today paper traded 1500 TSM Apr 20 calls for .35.? The ADV is 3517 contracts.? The OI is 1103 contracts.
The volume went up in one block.? Volume on the day in the strike is over 2k contracts.? There does look like some closing long paper on the 17.5 strike after the big run up.? ?Call buyers would be looking for higher prices.
30-day implied volatility is 24%.? ?10-day implied volatility is 17%.? 30 day implied volatility is trading above 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.