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TSM

Taiwan Semiconductor ManufacturClose $423.93EOD only
Max Pain
$380.00
Next expiry Jun 18, 2026
Expected Move
±$19.50
4.6% from close
Price Gap
-43.93
Distance to max pain
IV Rank
62
High premium
P/C OI
1.45
Slightly put-heavy
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 12, 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
Jun 12, 2026 close
TSM AI Consensus Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
7.5

out of 10

7.5 not 9 because earnings 34 days out introduces binary tail risk that undermines the near-term pin — if the pin holds through next week, conviction would rise to 8.5.

Where Perspectives Agree

All personas converge on a bullish pin near $425 driven by dealer gamma, heavy call flow, and high IV supporting a range-bound trade into expiry.

Where They Diverge

Earnings term structure implies elevated IV and potential larger post-event move, directly contradicting the theta persona's short-vol pinning thesis.

Top Trade
via theta

Sell Jun18 $400/$397.50 put spread for $0.75 credit — defined risk, profits from pin, expires pre-earnings.

Key Risk

Break below $400 flips dealer gamma from positive to negative, triggering a cascade to $393.7 support and invalidating the pin thesis.

How to Use These Reports
This ai consensus reflects the market close on June 12, 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.