Loading...
Loading...
Christian Fromhertz of Tribeca Trade Group suggested on Bloomberg Markets a bullish options trade in Taiwan Semiconductor Mfg. Co. Ltd. TSM.
See Also: Here's How Christian Fromhertz Recommends Getting Ahead In Markets
He thinks the stock is looking to break out on the upside and he wants to buy the Jan. $46 calls. He is willing to pay $2 for them. The trade breaks even at $48 or more than 7% above the current stock price.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in