Bullish flow in Taiwan Semi (TSM), with shares up $7.79, or 2.94%, near $272.67. Options volume running well above average with 205k contracts traded and calls leading puts for a put/call ratio of 0.85, compared to a typical level near 0.89. Implied volatility (IV30) is higher by 3.9 points near 41.08,and above the 52wk median, suggesting an expected daily move of $7.06. Put-call skew flattened, suggesting a modestly bullish tone.
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