Taiwan Semiconductor Sees Investors Take Bullish Stance on Stock, Benzinga Reports

Investors with a lot of money to spend have taken a bullish stance on $Taiwan Semiconductor (TSM.US)$, Benzinga reported, citing 14 uncommon options trades for the stock. About 50% of the trades were leaning bullish and 35% were bearish, according to the report.

Three of them were puts, for a total amount of $103,054, and 11 are calls, for a total amount of $548,638, the report stated. Trading volume and open interest data signal that the major market movers were targeting prices ranging from $85 and $155 for Taiwan Semiconductor over last three months. The stock traded at $138.70, up 0.15% at 11:30 a.m. in New York, outperforming the S&P 500, which was down 0.67%. Read the full story here: Options Corner: Taiwan Semiconductor Sees Investors Take Bullish Stance on Stock