Sell Cash Secured Put for Taiwan Semiconductor (TSM)

5 days ago

Mark Rousen

"That brings us to stock number three, which is going to be Taiwan Semi, stock ticker TSM. The company continues to show strong fundamentals and results. As such, we"re going to utilize options again and we"re going to sell a put and see if we can get a dip in the near term over the next month. So, what we"re going to do is sell the November 21st 260 strike, which is going to earn us around $3 in premium, equating to $300 per contract. This would allow me to potentially buy TSM at around $260, which is a win-win for me."

Mark discusses Taiwan Semiconductor (TSM) and outlines a plan to sell a put option with a strike of $260 expiring November 21st. This strategy aims to allow entry at a lower price while collecting premium income, reflecting a bullish stance on TSM.

Related Stocks