Taiwan Semi Shares Down, Mixed Options Sentiment
Cboe data shows mixed options sentiment in Taiwan Semi (TSM), with shares down $12.74 near $431.49. Options volume roughly in line with average with 124k contracts traded and calls leading puts for a put/call ratio of 0.66, compared to a typical level near 1.24. Implied volatility (IV30) is higher by 1.4 points near 54.47, in the highest 10% of observations over the past year, suggesting an expected daily move of $14.81. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Taiwan Semi (TSM) will report earnings before the open on 2026-07-16.Option markets are pricing in a 50% probability of a move greater than 5.2% or $22.42.
