Options Market Statistics: TSM Stock Falls, Options Pop Despite the Strong Results and Guidance
News Highlights
$Taiwan Semiconductor(TSM.US$ shares fell by 4.86%, closing at $132.27. Its options trading volume was 0.48 million. Call contracts account for 68% of the total trading volume. The most traded calls are contracts of $145 strike price that expire on Apr. 19th. The total volume reaches 8,923 with an open interest of 14,256. The most traded puts are contracts of a $137 strike price that expires on Apr. 19th; the volume is 1,926 contracts with an open interest of 1,067.
Taiwan Semiconductor reported better-than-expected Q1 earnings after Q1 sales topped views last week. The foundry giant also guided higher for Q2 revenue, thanks to AI chips, but was less upbeat about the broader semiconductor industry. TSM stock fell despite the strong results and guidance.
$Micron Technology(MU.US$ shares fell by 3.78%, closing at $111.93. Its options trading volume was 0.32 million. Call contracts account for 65.2%of the total trading volume. The most traded calls are contracts of $120 strike price that expire on Apr. 19th. The total volume reaches 9,456 with an open interest of 14,773. The most traded puts are contracts of a $120 strike price that expires on May 10th; the volume is 6,693 contracts with an open interest of 155.
$Trump Media & Technology(DJT.US$ shares rose by 25.72%, closing at $33.19. Its options trading volume was 0.28 million. Call contracts account for 47.7% of the total trading volume. The most traded calls are contracts of $25 strike price that expire on Apr. 19th. The total volume reaches 5,009 with an open interest of 832. The most traded puts are contracts of a $20 strike price that expires on Apr. 19th; the volume is 14,312 contracts with an open interest of 9,861.
The short-selling-prevention tips posted Wednesday on Trump Media's website come as its DJT stock has fallen sharply in price since it began being public trading on March 26 — and as short sellers have taken a keen interest in the owner of the Truth Social app despite relatively high fees to finance such trades.
"It certainly shows concern" about short selling of Trump Media stock, said Kevin Murphy, a business professor at the University of Southern California who is an expert on executive compensation.
Unusual Stock Options Activity
Some notable put activity is being seen in $Adobe(ADBE.US$, which is primarily being driven by activity on the April 19 put. Volume on this contract is 17,780 versus open interest of 112.
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Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, WSJ, Reuters
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