007ws
2022-10-19

$Taiwan Semiconductor Manufacturing(TSM)$Yesterday pre-market, almost all the semicon stocks were in green. But as market closed, quite a number of them turned red, TSMC included. This suggests that the market is still jittery on its near term profitability, especially with the US export ban of chips. 

Like many investors here, I am bullish about its medium to long term prospects, barring a geopolitical shock from China. I am continuing to sell puts on TSMC to dollar cost average down my average price, and if I'm assigned, sell covered calls on the stock. I suppose other than ploughing into Singapore Savings Bonds, this method at least helps to offset the paper loss from the stock itself. 

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Comments

  • YTGIRL
    2022-10-19
    YTGIRL
    This is the only semi stock that continues to grow and earn profits revenue never decreased and earnings always grow it,TSM needs more love
  • Meet0
    2022-10-19
    Meet0
    As I know, TSMC Expected to Post 71% Rise in Third-Quarter Net Profit
  • feelond
    2022-10-19
    feelond
    Is there short ETF of TSM, Like Sqqq?
  • kellyWin
    2022-10-19
    kellyWin
    thanks for the update
  • kM
    2022-10-19
    kM
    But the share price goes down
  • Kabanotolog
    2022-10-28
    Kabanotolog
    скоро ядерная война
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