TSM Options Chain, Open Interest, and Volatility Data

TSM Options Open Interest & Strategy Insights

TSM – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
280	70300	34732	105032
300	64859	31589	96448
200	29273	60159	89432
240	52034	35334	87368
220	45668	40784	86452
210	29780	48680	78460
290	26147	48191	74338
270	23829	42720	66549
230	21097	40499	61596
180	11648	49143	60791

TSM – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.76	0.58	49.25%	42.64%	-6.61%

Data Analysis

Symbol: TSM Current Price: 293.64
Max Pain: 210.00 (above)

📌 Absolute OI Peak: 280.00 (105032 contracts)
🛡️ Short-term Key Levels: 290.00（74338 contracts，major support） , 270.00（66549 contracts，major support） , 240.00（87368 contracts，major support）

📈 Put/Call OI Ratio: 0.76 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.58 (bullish, Call volume dominant)

📊 Avg Call IV: 49.25%
Avg Put IV: 42.64%
IV Skew: -6.61% (Call IV higher than Put IV by 6.61%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 200.00 (89432 contracts), sentiment: bearish (Put OI dominant). May reflect speculative bets or hedging demand.

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	30184	8200	95290	0.272	Strong Bullish 📈💥 (85) ⚠️
2025-11-14	6369	3238	26603	0.508	Slight Bullish 📈 (60)
2025-11-21	6030	3850	196850	0.638	Moderate Bullish 📈 (65)
2025-11-28	1101	822	36806	0.747	Slight Bullish 📈 (60)
2025-12-05	641	311	3965	0.485	Moderate Bullish 📈 (70)
2025-12-12	584	142	1589	0.243	Moderate Bullish 📈 (70) ⚠️
2025-12-19	3830	4557	177664	1.190	Moderate Bearish 📉 (35)
2026-01-16	3878	2655	378536	0.685	Moderate Bullish 📈 (65) ⚠️
2026-02-20	562	552	43524	0.982	Neutral ⚖️ (50)
2026-03-20	853	1446	99371	1.695	Strong Bearish 📉💥 (15)
2026-04-17	692	525	31723	0.759	Slight Bullish 📈 (60)
2026-05-15	167	663	16818	3.970	Moderate Bearish 📉 (30) ⚠️
2026-06-18	454	920	67250	2.026	Strong Bearish 📉💥 (15)
2026-09-18	212	1188	34448	5.604	Moderate Bearish 📉 (30) ⚠️
2026-12-18	243	624	27655	2.568	Moderate Bearish 📉 (30)
2027-01-15	262	809	47205	3.088	Moderate Bearish 📉 (30) ⚠️
2027-12-17	144	485	8742	3.368	Moderate Bearish 📉 (30) ⚠️
2028-01-21	177	222	10101	1.254	Slight Bearish 📉 (40)
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.