Option Strategies: TSM

Hello everyone! Today i want to share some option strategies with u!

1.

$Taiwan Semiconductor Manufacturing(TSM)$ looking like its topping out at this 175 level. Probs gonna close out our long position and sell puts at 170 (or lower) strike to get back in.

There is always the possibility that TSM continues up to try and fill that 183 gap, but we are just gonna take profit and let it be. Could always roll up the put to the 175 strike to capture more premium to make up for some of the lost profit if TSM does pump up more.

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# Options Hub

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