Taiwan Semiconductor Manufactur (TSM) currently has an IV rank of 9.7%, which measures where current implied volatility sits relative to its 52-week range.

What is TSM max pain?

TSM max pain for the nearest expiration is $400.00. Max pain is the strike price where option holders collectively lose the most money at expiration.

What is TSM expected move?

TSM expected move for the nearest expiration is ±4.0%, derived from options pricing.

Home Options TSMOverview

TSM

Taiwan Semiconductor ManufacturClose $392.61EOD only

Max Pain

$400.00

Next expiry May 22, 2026

Expected Move

±$15.53

4.0% from close

Price Gap

+7.39

Distance to max pain

IV Rank

Low premium

P/C OI

1.41

Slightly put-heavy

Consensus

7.5/10

Bullish tilt

Published snapshot: May 19, 2026 close

End-of-day snapshot

This page reflects TSM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

May 19, 2026 close

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DEX LongGEX PositiveNet Call Premium

Exp. Move ModerateHigh Put/CallIV Low

Gamma Exposure (GEX)

Delta Exposure (DEX)

Expected Move by Expiration

Expiration	DTE	Expected Move	Move %	Lower	Upper
2026-05-22	3	±$15.53	±4.0%	$377.08	$408.13
2026-05-29	10	±$24.02	±6.1%	$368.58	$416.63
2026-06-05	17	±$30.60	±7.8%	$362.01	$423.21
2026-06-12	24	±$36.38	±9.3%	$356.23	$428.98
2026-06-18	30	±$39.30	±10.0%	$353.31	$431.91
2026-06-26	38	±$43.75	±11.1%	$348.86	$436.36

Strongest Signal: DEX Long
Total GEX: $0.01B
Total DEX: $47.6M
Expected Move: ±4.0%
Put/Call OI: 1.41
Near Max Pain: $400.00
Flow Tilt: Call-heavy $30.7M
Spot Price: $401.62

How to Use This Overview

This page compresses the latest market-close snapshot into one high-level decision surface.

What it summarizes

Overview pulls the main options context into one place: dealer positioning, volatility, expected move, max pain, and current report coverage.

Where traders usually go next

Use the chain when you need contract selection, dealer exposure when you want positioning context, and reports when you want a structured setup with entry and risk context.

What to remember

This is a market-close snapshot, so the hierarchy can drift intraday when spot, IV, or headline risk moves quickly.

Treat this page like a map of the close, not a live execution dashboard.

TSM

Gamma Exposure (GEX)

Delta Exposure (DEX)

Expected Move by Expiration

TSM Quick Anchors