Taiwan Semiconductor Mfg. Co. Ltd. (ADR) Can’t Be More Risky. Option Traders Sell It

 Taiwan Semiconductor Mfg. Co. Ltd. (ADR) Can't Be More Risky. Option Traders Sell It

In today’s session Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (TSM) recorded an unusually high (1,031) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious TSM decrease. With 1,031 contracts traded and 10314 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: TSM161118P00029000 closed last at: $0.4 or 20% down. About 3.10 million shares traded hands. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) has risen 20.43% since March 11, 2016 and is uptrending. It has outperformed by 14.98% the S&P500.

Analysts await Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) to report earnings on October, 20.

Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) Ratings Coverage

Out of 5 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 1 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 20% are positive. $26 is the highest target while $14 is the lowest. The $21 average target is -32.10% below today’s ($30.93) stock price. Taiwan Semiconductor Manufacturing has been the topic of 8 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The stock of Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) has “Neutral” rating given on Tuesday, June 28 by Goldman Sachs. The firm earned “Neutral” rating on Tuesday, October 4 by Susquehanna. The stock of Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) earned “Sector Weight” rating by Pacific Crest on Friday, October 14. The firm earned “Outperform” rating on Friday, December 11 by Credit Suisse. On Thursday, October 13 the stock rating was downgraded by HSBC to “Hold”.

According to Zacks Investment Research, “Taiwan Semiconductor Manufacturer Co is the world’s largest dedicated integrated circuit foundry. As a foundry, the Company manufactures ICs for its customers based on their proprietary IC designs using its advanced production processes. TSMC’s goal is to establish itself as one of the world’s leading semiconductor companies by building upon the strengths that have made it the leading IC foundry in the world.”

Taiwan Semiconductor Manufacturing Company Limited is a foundry, which makes semiconductors using its manufacturing processes for its clients based on their own or third parties’ integrated circuit designs. The company has a market cap of $152.50 billion. The Firm offers a range of wafer fabrication processes, including processes to manufacture complementary metal oxide silicon logic, mixed-signal, radio frequency, embedded memory, bipolar complementary metal oxide silicon mixed-signal and other semiconductors. It has a 17.82 P/E ratio. It operates through foundry segment, which engages in manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks.

TSM Company Profile

Taiwan Semiconductor Manufacturing Company Limited, incorporated on February 21, 1987, is a foundry, which makes semiconductors using its manufacturing processes for its clients based on their own or third parties’ integrated circuit designs. The Firm offers a range of wafer fabrication processes, including processes to manufacture complementary metal oxide silicon (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar complementary metal oxide silicon (BiCMOS) mixed-signal and other semiconductors. It operates through the foundry segment, which engages mainly in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. The Firm also has other operating divisions, which engage in the researching, developing, designing, manufacturing and selling of solid state lighting devices and renewable energy and efficiency related technologies and products. The Firm also offers design, bumping, probing, and assembly and testing services.

Another recent and important Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) news was published by Fool.com which published an article titled: “3 Things Taiwan Semiconductor Mfg. Co. Ltd (ADR) Management Wants You to Know” on November 02, 2015.

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