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: Jan 19, 2029
Days to expiration: 831
Share price: $453.31
Put/call ratio (OI): 0.36
Put/call ratio (volume): 1.67
ATM implied volatility: 39.6%
Expected move: ±$271.00
Open interest (C / P): 3.43K / 1.25K

TSM options summary

The TSM options chain for the January 19, 2029 expiration lists 43 call and 43 put contracts, with 831 days until expiration. Open interest stands at 3,430 calls and 1,250 puts, a put/call ratio of 0.36, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $450.00 strike is 39.6%, which implies the market expects a move of about ±$271.00 (59.8%) in Taiwan Semiconductor Manufacturing stock by expiration.

The most open interest sits at the $400.00 call (1.33K contracts) and the $300.00 put (120 contracts).

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

TSM options chain · January 19, 2029

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
67	2	58.4%	274.56	268.00	272.80	210.00	7.85	8.45	8.70	39.7%	12	59
1	—	57.5%	259.56	260.50	265.00	220.00	8.90	9.80	9.50	39.3%	2	29
—	—	—	—	—	—	230.00	10.50	11.00	10.50	38.6%	1	5
1	1	55.7%	246.80	245.00	250.00	240.00	11.55	12.80	11.66	38.4%	14	26
9	1	55.0%	258.20	238.00	242.50	250.00	13.25	14.45	14.10	37.9%	12	20
9	1	53.9%	226.16	230.50	234.50	260.00	14.55	17.05	14.25	38.1%	6	13
1	—	53.2%	233.56	223.50	227.50	270.00	16.45	18.70	16.70	37.4%	2	15
12	2	52.8%	219.15	216.50	221.20	280.00	18.65	20.25	18.26	36.5%	3	48
—	—	—	—	—	—	290.00	20.70	23.00	24.01	36.5%	2	8
20	11	51.5%	204.16	203.00	207.65	300.00	23.75	24.70	24.60	35.6%	10	120
3	2	51.0%	223.73	197.00	201.00	310.00	26.30	28.05	27.35	35.7%	15	9
15	2	50.5%	220.08	190.50	194.50	320.00	29.10	30.70	27.90	35.3%	5	27
3	1	50.1%	205.68	184.50	188.50	330.00	—	—	—	—	—	—
6	1	50.6%	199.58	178.50	182.50	340.00	34.55	37.20	33.70	34.8%	1	15
13	5	50.4%	185.96	173.00	177.25	350.00	38.15	40.15	39.70	34.3%	1	37
35	1	50.0%	170.15	167.00	171.65	360.00	41.55	44.65	39.80	34.5%	5	17
4	1	49.7%	164.43	161.95	166.35	370.00	44.10	47.75	41.74	33.9%	7	36
8	1	49.1%	162.16	156.50	160.50	380.00	49.30	51.80	51.00	33.7%	3	39
5	1	48.9%	180.83	151.50	155.50	390.00	53.50	55.85	51.35	33.4%	3	30
1,333	3	48.5%	148.32	146.50	150.40	400.00	57.60	60.00	58.85	33.1%	9	34
57	42	48.5%	173.30	141.50	146.15	410.00	61.80	64.50	63.24	32.8%	23	104
1,131	2	48.0%	139.11	137.00	140.95	420.00	66.40	69.30	68.24	32.6%	1	12
40	1	47.8%	134.00	132.55	136.50	430.00	71.00	74.50	73.00	32.5%	10	12
18	2	47.5%	147.50	128.00	132.00	440.00	75.90	78.95	73.00	32.1%	1	52
64	15	47.4%	125.95	124.00	127.90	450.00	82.10	84.15	83.33	31.9%	5	9
TSM $453.31
43	17	46.9%	121.92	119.90	123.10	460.00	86.85	89.50	88.45	31.6%	1	6
58	4	47.1%	120.50	115.85	120.00	470.00	91.35	95.00	84.35	31.4%	4	7
41	27	46.8%	118.03	112.00	115.90	480.00	97.40	100.40	93.00	31.1%	1	7
33	1	46.7%	110.24	108.50	112.50	490.00	103.30	106.80	94.90	31.0%	28	30
28	27	46.5%	106.55	104.50	108.65	500.00	109.60	112.15	110.90	30.6%	34	107
6	1	46.4%	103.15	101.55	105.50	510.00	115.80	118.60	117.35	30.4%	10	7
11	3	46.3%	100.00	98.00	102.00	520.00	121.40	124.40	124.20	30.0%	18	28
4	—	46.2%	85.05	94.60	99.00	530.00	127.75	131.50	118.90	30.0%	1	6
118	2	45.9%	109.05	92.00	95.25	540.00	134.05	137.75	125.15	29.7%	1	15
12	1	46.0%	90.75	89.25	92.85	550.00	140.85	144.60	129.50	29.5%	4	7
25	2	45.8%	103.17	85.95	89.75	560.00	147.65	151.50	149.27	29.2%	20	18
21	23	45.7%	91.82	83.00	86.95	570.00	154.50	158.50	157.27	29.0%	2	29
23	18	45.7%	82.95	80.50	84.45	580.00	161.50	165.50	164.26	28.7%	2	51
1	3	45.3%	95.02	77.50	80.95	590.00	169.05	172.80	171.52	28.5%	3	7
6	1	45.2%	79.00	75.70	78.60	600.00	176.60	180.00	164.54	28.1%	20	33
13	1	45.1%	80.10	72.80	76.15	610.00	184.55	187.50	172.64	27.9%	19	26
22	1	45.0%	72.60	70.55	73.70	620.00	191.45	195.50	179.37	27.8%	2	10
52	2	45.0%	71.65	68.25	71.35	630.00	199.00	203.00	183.81	27.4%	20	46
14	1	44.9%	81.10	66.05	69.30	640.00	—	—	—	—	—	—
44	1	44.8%	66.70	62.05	65.10	660.00	223.55	227.00	204.95	26.6%	48	34

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 January 19, 2029 expiration, the TSM put/call ratio based on open interest is 0.36 (1,250 puts vs 3,430 calls), and 1.67 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 January 19, 2029 is about 39.6%, 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.