Home Options TSMReports

TSM

Taiwan Semiconductor ManufacturClose $420.04EOD only

Max Pain

$420.00

Next expiry Aug 14, 2026

Expected Move

±$17.83

4.2% from close

Price Gap

-0.04

Distance to max pain

IV Rank

Low premium

P/C OI

1.19

Slightly put-heavy

Consensus

5.0/10

Bearish tilt

Published snapshot: Aug 7, 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

Aug 7, 2026 close

TSM Flow Report

Analysis based on market close June 24, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from June 24, 2026. A newer flow report is available for June 26, 2026.

View latest report

Flow Verdict

Confidence:

9 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.4% from MP; +0.5 VIX 19

Watch next session: $440; $445; $465

Flow Summary

Net premium: +$52.9M bullish

P/C volume ratio: 1.25

P/C OI ratio: 1.37

High confidence base 9. Net premium $53M positive. Aggressive call buying ($445C, $465C) and positive GEX/DEX bias bullish. Deep OTM puts indicate hedging. Mixed flow but leans bullish.

Notable Prints

TSM 2026-08-21 $440.00 Put

Vol: 2,692

OI: 603

Vol/OI: 4.5x

IV: 51.0%

Notional: ~$9.3M

Intent: Bearish

Dual read: Protective

Read-through: Bearish

TSM 2026-07-02 $445.00 Call

Vol: 1,284

OI: 339

Vol/OI: 3.8x

IV: 50.6%

Notional: ~$1.5M

Intent: Bullish

Dual read: Covered call

Read-through: Bullish

TSM 2026-07-31 $390.00 Put

Vol: 369

OI: 104

Vol/OI: 3.5x

IV: 52.5%

Notional: ~$369K

Intent: Bearish

Dual read: Hedging

Read-through: Bearish

TSM 2026-10-16 $430.00 Put

Vol: 302

OI: 105

Vol/OI: 2.9x

IV: 51.2%

Notional: ~$1.3M

Intent: Bearish

Read-through: Bearish

TSM 2026-07-10 $510.00 Call

Vol: 296

OI: 103

Vol/OI: 2.9x

IV: 51.3%

Notional: ~$53K

Intent: Lottery

Dual read: Spread

Read-through: Bullish

Institutional Positioning

Call additions: Calls added at 445,455,465,510 (vol/OI>2).

Put additions: Puts added at 440,390,430,200 (vol/OI>2.5).

GEX/DEX consistency: Yes: +GEX $2M & +DEX 47M shares align with pinning.

OI clusters: Key put OI at 350 (gamma flip), call OI at 465.

Hedging evidence: Multiple put buys suggest downside hedging.

Max pain context: Spot at MP, GEX positive reinforces pin.

Signal vs Noise

~Unusual put volume at 440,390,430 with vol/OI>2.5

~Positive net premium despite put-heavy flow

~Spot at max pain with positive GEX/DEX

Key Conclusions

📈Positive GEX and DEX, spot at max pain, pinning likely towards 450-460 near term.

⚠️Heavy put buying at 390 and 200 suggests downside protection; break below 430 could accelerate.

How to Use These Reports

This flow reflects the market close on June 24, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.