Taiwan Semiconductor Manufacturing (TSM) Options Chain

NYSE: TSMTechnologySemiconductorsUSD

453.31-4.68 (-1.02%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 5
Share price: $453.31
Put/call ratio (OI): 1.52
Put/call ratio (volume): 0.69
ATM implied volatility: 42.4%
Expected move: ±$22.49
Open interest (C / P): 87.75K / 133.70K

TSM options summary

The TSM options chain for the October 16, 2026 expiration lists 83 call and 80 put contracts, with 5 days until expiration. Open interest stands at 87,747 calls and 133,696 puts, a put/call ratio of 1.52, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $452.50 strike is 42.4%, which implies the market expects a move of about ±$22.49 (5.0%) in Taiwan Semiconductor Manufacturing stock by expiration.

The most open interest sits at the $500.00 call (9.47K contracts) and the $270.00 put (10.40K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

TSM options chain · October 16, 2026

TSM calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
16	1	305.5%	290.00	287.20	289.75	165.00	0.00	0.02	0.01	237.5%	20	1,031
146	6	362.2%	281.83	281.80	284.10	170.00	0.00	0.03	0.02	237.5%	641	646
1	6	380.1%	276.85	276.85	279.60	175.00	0.00	0.28	0.03	283.6%	1	288
5	5	367.3%	245.53	271.80	274.55	180.00	0.00	0.33	0.01	280.9%	10	374
21	8	262.5%	240.50	266.85	270.00	185.00	0.00	1.95	0.03	343.9%	10	49
5	2	347.6%	235.57	261.85	264.55	190.00	0.00	0.73	0.01	291.4%	10	422
8	2	338.1%	231.03	256.85	259.55	195.00	0.00	1.31	0.02	306.6%	1	471
22	8	319.6%	253.33	251.85	254.35	200.00	0.00	0.05	0.03	209.4%	1	523
101	100	304.5%	221.10	241.85	244.40	210.00	0.00	0.45	0.02	245.1%	3	738
11	1	226.6%	239.50	231.85	235.15	220.00	0.00	0.45	0.01	231.3%	10	785
28	1	196.9%	223.89	222.25	224.55	230.00	0.00	0.10	0.02	185.9%	10	1,156
32	1	262.2%	231.07	211.85	214.55	240.00	0.00	0.45	0.01	205.5%	3	1,549
31	1	249.0%	216.64	201.90	204.60	250.00	0.00	0.43	0.01	192.2%	1	2,289
42	1	229.5%	214.20	191.90	194.45	260.00	0.00	0.09	0.02	153.1%	10	1,672
43	3	205.1%	189.48	181.90	184.15	270.00	0.00	0.05	0.01	135.9%	3	10,397
61	6	194.2%	148.35	171.90	174.20	280.00	0.00	0.03	0.02	121.9%	2	7,459
64	2	180.0%	168.56	161.90	164.15	290.00	0.01	0.03	0.02	115.6%	200	2,476
409	3	169.7%	172.75	151.90	154.20	300.00	0.02	0.06	0.04	114.8%	372	7,467
1,224	1	165.0%	150.15	141.95	144.45	310.00	0.01	0.07	0.09	106.3%	414	3,568
264	2	153.2%	164.80	131.95	134.45	320.00	0.02	0.08	0.04	100.4%	8	5,138
448	1	136.8%	143.67	121.95	124.25	330.00	0.03	0.06	0.04	91.0%	7	3,164
846	2	127.0%	133.62	111.95	114.30	340.00	0.03	0.08	0.05	85.0%	332	4,825
471	14	83.8%	103.49	102.00	104.85	350.00	0.04	0.08	0.05	77.9%	88	3,906
476	8	106.5%	91.20	92.05	94.35	360.00	0.07	0.09	0.08	72.5%	556	7,866
—	—	—	—	—	—	365.00	0.06	0.12	0.07	69.5%	10	340
561	1	95.1%	85.93	82.05	84.30	370.00	0.09	0.11	0.08	66.4%	49	4,278
—	—	—	—	—	—	375.00	0.09	0.13	0.12	63.3%	92	237
703	6	61.2%	73.40	72.05	74.85	380.00	0.11	0.14	0.14	60.4%	309	6,365
8	1	57.2%	80.18	67.10	69.80	385.00	0.12	0.19	0.14	58.1%	50	328
1,271	2	74.5%	63.15	62.20	64.30	390.00	0.17	0.22	0.20	55.9%	444	4,750
35	1	72.3%	57.37	57.15	59.50	395.00	0.21	0.26	0.26	53.3%	82	256
2,013	48	52.1%	53.25	52.60	54.70	400.00	0.27	0.31	0.29	50.8%	1,081	5,260
29	31	67.1%	79.77	47.35	49.95	405.00	0.36	0.44	0.38	50.1%	243	1,245
20	2	59.8%	77.29	44.90	47.05	407.50	0.43	0.50	0.49	49.0%	39	192
1,886	54	61.5%	42.85	42.45	44.95	410.00	0.50	0.58	0.58	48.1%	435	2,647
7	5	59.7%	48.07	40.05	42.55	412.50	0.59	0.69	0.62	47.5%	26	184
6	3	50.2%	39.60	38.15	40.65	415.00	0.72	0.78	0.75	46.4%	176	433
1	4	55.4%	44.00	35.30	37.70	417.50	0.86	0.98	0.95	46.4%	341	270
2,619	18	54.2%	33.00	32.95	35.40	420.00	1.03	1.05	1.10	44.6%	736	8,363
5	2	55.4%	35.50	30.65	33.45	422.50	1.20	1.40	1.32	45.4%	330	438
51	4	48.7%	28.56	28.40	30.45	425.00	1.49	1.56	1.50	44.0%	216	560
50	6	51.9%	26.86	26.20	28.85	427.50	1.55	1.87	1.90	43.6%	209	228
7,608	45	51.4%	24.60	24.60	26.80	430.00	2.13	2.29	2.25	43.6%	1,304	5,219
111	53	48.3%	22.70	21.95	24.35	432.50	2.55	2.64	3.02	42.8%	122	877
163	19	45.7%	20.81	20.50	22.00	435.00	3.00	3.35	3.20	43.7%	470	2,492
401	28	45.3%	19.24	17.95	20.10	437.50	3.60	3.85	3.75	43.0%	196	304
5,076	47	44.4%	17.16	16.65	18.15	440.00	4.25	4.65	4.65	43.4%	939	5,822
214	15	46.2%	14.55	15.70	16.85	442.50	5.00	5.30	5.20	42.6%	185	290
327	104	43.5%	13.89	14.10	14.70	445.00	5.85	6.20	6.29	42.7%	537	807
152	45	43.1%	12.40	12.55	13.10	447.50	6.60	7.30	7.59	43.1%	421	279
8,710	977	42.9%	11.37	11.30	11.65	450.00	7.85	8.30	8.35	42.7%	1,654	4,077
287	549	42.7%	9.95	10.00	10.30	452.50	8.90	9.35	10.05	42.1%	685	443
TSM $453.31
877	1,103	46.4%	8.80	8.75	9.95	455.00	9.90	10.85	10.50	43.0%	374	945
773	1,279	42.7%	7.90	7.70	8.00	457.50	11.70	12.30	12.65	43.2%	432	466
4,704	2,559	42.8%	6.78	6.60	7.00	460.00	13.25	13.80	14.09	43.3%	434	1,177
750	377	43.8%	5.96	5.75	6.30	462.50	14.75	15.40	15.61	43.4%	221	557
981	801	42.7%	5.05	5.15	5.25	465.00	16.45	17.15	17.60	43.7%	292	1,311
306	1,192	42.6%	4.35	4.25	4.50	467.50	18.20	20.00	19.37	49.0%	227	510
3,620	3,438	42.9%	3.80	3.80	3.90	470.00	20.05	21.55	21.31	47.9%	153	895
1,336	635	42.9%	2.72	2.60	2.80	475.00	23.95	26.05	26.77	51.7%	13	668
3,203	3,277	43.3%	1.92	1.89	2.03	480.00	28.15	30.25	29.66	53.1%	38	819
1,547	392	43.6%	1.42	1.32	1.44	485.00	32.05	34.65	34.15	54.9%	133	627
1,947	562	43.8%	0.91	0.88	1.00	490.00	36.60	39.20	38.39	56.9%	5	160
1,013	164	44.0%	0.64	0.60	0.68	495.00	41.55	43.90	39.18	59.4%	4	138
9,471	3,883	44.4%	0.45	0.44	0.47	500.00	46.05	48.70	48.70	62.3%	12	123
1,345	459	45.3%	0.30	0.27	0.34	505.00	—	—	—	—	—	—
1,872	348	46.0%	0.22	0.20	0.24	510.00	55.55	58.50	57.64	69.0%	6	51
2,773	182	46.8%	0.11	0.10	0.11	520.00	66.10	68.40	54.38	60.1%	4	0
180	14	49.6%	0.08	0.05	0.11	525.00	—	—	—	—	—	—
840	53	52.3%	0.07	0.03	0.11	530.00	75.60	78.40	46.95	60.5%	10	0
2,268	421	52.7%	0.04	0.01	0.09	540.00	86.15	88.40	101.23	73.7%	9	0
950	186	56.8%	0.04	0.02	0.07	550.00	96.00	98.40	135.00	78.1%	—	0
2,042	3	58.2%	0.03	0.00	0.05	560.00	149.55	151.80	121.65	340.2%	2	6
1,021	3	66.8%	0.02	0.00	0.10	570.00	159.60	161.95	136.25	351.2%	—	0
611	25	66.4%	0.01	0.01	0.04	580.00	126.10	128.40	117.00	96.8%	1	0
294	14	70.7%	0.02	0.00	0.05	590.00	136.05	138.40	148.50	101.6%	—	0
1,209	62	88.1%	0.01	0.00	0.25	600.00	146.25	148.40	133.10	109.8%	2	0
462	3	96.4%	0.05	0.00	0.35	610.00	179.70	183.50	209.45	298.2%	1	0
828	14	110.3%	0.01	0.00	0.70	620.00	189.90	193.55	219.20	307.2%	1	0
133	1	113.6%	0.01	0.00	0.64	630.00	—	—	—	—	—	—
231	3	93.0%	0.01	0.00	0.07	640.00	—	—	—	—	—	—
318	2	93.8%	0.01	0.00	0.05	650.00	219.65	223.45	256.93	330.1%	1	0
344	54	130.0%	0.05	0.00	0.76	660.00	—	—	—	—	—	—
2,096	5	108.2%	0.06	0.00	0.11	670.00	239.85	243.45	248.55	345.5%	1	0
313	3	92.2%	0.01	0.00	0.01	680.00	226.05	228.40	217.00	145.2%	1	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the TSM put/call ratio?

For the October 16, 2026 expiration, the TSM put/call ratio based on open interest is 1.52 (133,696 puts vs 87,747 calls), and 0.69 based on today's volume. A ratio above 1 means more puts than calls.

What is TSM's implied volatility?

At-the-money implied volatility for TSM options expiring October 16, 2026 is about 42.4%, an annualized estimate of how much the market expects Taiwan Semiconductor Manufacturing stock to move.

How many TSM option expiration dates are there?

TSM has 18 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.