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: Jun 16, 2028
Days to expiration: 614
Share price: $453.31
Put/call ratio (OI): 2.40
Put/call ratio (volume): 2.01
ATM implied volatility: 39.1%
Expected move: ±$229.62
Open interest (C / P): 3.76K / 9.01K

TSM options summary

The TSM options chain for the June 16, 2028 expiration lists 49 call and 47 put contracts, with 614 days until expiration. Open interest stands at 3,757 calls and 9,011 puts, a put/call ratio of 2.40, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $450.00 strike is 39.1%, which implies the market expects a move of about ±$229.62 (50.7%) in Taiwan Semiconductor Manufacturing stock by expiration.

The most open interest sits at the $360.00 call (449 contracts) and the $195.00 put (2.93K contracts).

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

TSM options chain · June 16, 2028

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
21	2	62.4%	314.13	277.50	281.80	190.00	3.25	4.00	4.24	42.8%	2	207
0	—	—	255.17	0.00	0.00	195.00	3.35	4.30	6.12	42.4%	6	2,927
18	1	61.2%	273.00	269.00	273.50	200.00	3.95	4.60	4.17	41.9%	2	27
5	2	59.9%	296.84	260.50	265.00	210.00	4.35	5.45	4.96	41.3%	10	74
6	1	58.7%	224.00	252.00	256.80	220.00	5.10	7.00	6.79	41.7%	2	228
8	5	57.2%	245.75	243.50	248.20	230.00	6.25	7.65	7.00	40.4%	1	207
251	1	56.2%	237.47	235.50	240.05	240.00	7.55	8.90	7.50	40.0%	1	165
9	1	55.2%	248.95	227.50	232.00	250.00	8.60	9.75	9.36	38.9%	10	30
39	10	53.9%	241.22	219.50	223.50	260.00	9.95	11.50	9.60	38.8%	1	1,376
4	4	53.4%	210.60	212.00	216.30	270.00	11.35	12.85	11.38	38.1%	1	16
0	5	52.4%	207.53	204.00	208.75	280.00	13.15	14.55	17.35	37.6%	1	31
5	1	51.9%	204.25	197.05	201.50	290.00	14.70	16.40	17.48	37.1%	1	319
42	2	50.9%	189.90	189.50	193.80	300.00	17.05	18.50	16.75	36.8%	2	375
3	2	50.3%	166.45	182.50	186.75	310.00	19.20	20.40	20.15	36.1%	8	130
21	8	50.8%	182.74	175.55	179.50	320.00	21.20	22.85	22.47	35.8%	18	250
14	1	50.6%	170.05	169.00	173.45	330.00	23.30	25.45	25.35	35.4%	1	42
3	2	49.5%	189.77	162.50	166.05	340.00	26.10	28.65	29.09	35.4%	1	286
18	1	49.0%	177.15	156.00	159.70	350.00	28.95	31.45	30.81	34.9%	4	105
449	1	48.2%	151.70	150.00	153.00	360.00	32.25	34.80	33.65	34.7%	27	82
8	2	48.3%	121.99	144.00	148.00	370.00	35.40	38.35	34.45	34.4%	1	135
20	1	48.1%	169.27	138.00	142.65	380.00	38.55	42.25	41.99	34.3%	2	76
23	1	47.4%	154.67	132.75	136.55	390.00	43.10	46.65	46.70	34.3%	10	53
218	4	47.2%	128.59	127.50	131.50	400.00	47.10	50.00	48.90	33.6%	1	820
64	1	46.7%	123.80	122.30	125.90	410.00	51.55	54.15	53.30	33.3%	5	37
36	8	46.6%	120.44	117.00	121.35	420.00	55.60	59.50	59.35	33.5%	2	61
428	1	46.4%	113.50	112.50	116.60	430.00	60.70	63.55	62.20	32.9%	16	301
86	2	46.1%	125.42	108.00	111.90	440.00	66.05	68.80	64.50	32.8%	1	12
146	3	45.7%	105.45	103.75	106.95	450.00	70.60	73.65	71.60	32.5%	1	74
TSM $453.31
25	1	45.6%	116.79	99.00	103.00	460.00	75.70	79.15	71.42	32.3%	32	45
26	6	45.4%	120.93	95.00	98.90	470.00	81.85	84.75	73.33	32.1%	2	123
220	2	45.2%	92.11	91.15	94.90	480.00	87.55	90.70	85.60	32.0%	1	35
6	2	44.9%	104.13	87.50	90.75	490.00	93.50	96.65	95.60	31.8%	5	33
159	2	44.9%	85.80	84.75	87.45	500.00	99.40	102.00	90.30	31.2%	2	29
100	1	44.8%	82.10	80.65	84.15	510.00	105.60	108.55	109.45	31.1%	2	88
65	6	44.5%	89.40	77.40	80.40	520.00	111.25	115.30	116.95	31.0%	6	18
45	1	44.4%	91.22	74.35	77.15	530.00	117.80	121.95	150.65	30.8%	12	10
121	2	44.3%	72.20	71.25	73.95	540.00	125.20	128.45	117.25	30.4%	20	24
69	4	44.3%	83.07	67.60	71.35	550.00	132.10	135.50	133.78	30.3%	30	31
28	1	44.1%	62.60	64.70	68.35	560.00	138.50	142.50	131.73	30.0%	2	10
72	1	44.3%	67.82	62.15	66.15	570.00	146.20	150.00	187.35	29.9%	16	48
24	10	44.1%	79.80	59.65	63.40	580.00	153.00	157.00	188.35	29.4%	12	13
21	1	44.0%	60.50	57.45	60.75	590.00	160.50	164.40	196.25	29.1%	2	17
180	11	43.8%	56.18	54.50	58.05	600.00	168.85	171.95	211.48	28.8%	16	8
57	2	43.8%	71.34	52.50	55.85	610.00	—	—	—	—	—	—
5	6	44.1%	58.99	50.20	54.50	620.00	183.50	188.00	220.05	28.5%	—	1
49	2	43.8%	66.20	48.00	51.80	630.00	0.00	0.00	234.47	—	—	0
79	12	43.6%	54.78	46.75	49.55	640.00	—	—	—	—	—	—
195	2	43.4%	45.85	45.50	47.25	650.00	208.75	212.00	209.54	27.3%	30	31
266	16	43.4%	44.25	43.30	45.65	660.00	216.50	220.50	237.54	27.1%	2	1

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 June 16, 2028 expiration, the TSM put/call ratio based on open interest is 2.40 (9,011 puts vs 3,757 calls), and 2.01 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 June 16, 2028 is about 39.1%, 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.