Taiwan Semiconductor Manufacturing Company Limited (TSM) Put/Call Volume History
Put/call volume ratio compares the number of put options traded to call options traded. Extreme readings can signal shifts in market sentiment relative to recent norms.
Taiwan Semiconductor Manufacturing Company Limited (TSM) operates in the Technology sector, specifically the Semiconductors industry, with a market capitalization near $2.09T, listed on NYSE, employing roughly 65,152 people, carrying a beta of 1.25 to the broader market. Taiwan Semiconductor Manufacturing Company Limited (TSMC), along with its affiliated entities, operates globally in the semiconductor industry, specializing in the manufacturing, packaging, meticulous testing, and worldwide distribution of integrated circuits and other crucial semiconductor components. Led by C. C. Wei, public since 1997-10-09.
Snapshot as of Jul 24, 2026.
- Spot Price
- $401.91
- Call Volume
- 68.3K
- Put Volume
- 92.6K
- Total Volume
- 160.9K
- Put/Call Ratio
- 1.35
As of Jul 24, 2026, Taiwan Semiconductor Manufacturing Company Limited (TSM) traded 160.9K total options contracts. Volume split was 68.3K calls and 92.6K puts. Put/call volume ratio is 1.35. Elevated flow relative to the ticker's recent average can signal institutional positioning, pending news, earnings expectations, or hedging activity. Daily volume is the most responsive short-term gauge of changing demand.
How TSM put/call volume history Data Feeds Strategy Selection
Strategy selection on Taiwan Semiconductor Manufacturing Company Limited options does not derive from any single metric in isolation. The put/call volume history view above sits inside a broader read: ATM IV currently sits at 49.8% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the put/call volume history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the TSM volume data
The volume time-series above tracks Taiwan Semiconductor Manufacturing Company Limited options trading activity day by day. Volume is a flow measure - contracts traded per day across all strikes and expirations - so spikes flag activity, not positioning. Current put/call ratio is 1.35, put-heavy - protective or bearish positioning dominates. Total call OI of 956.0K versus put OI of 1.1M gives a put/call OI ratio of 1.17 - structurally a slower-moving signal than the volume-based ratio.
TSM flow vs positioning
Volume tells you what flows happened today; OI tells you what positions accumulated. Both can move in opposite directions: rising volume with falling OI means contracts are being closed (covering); rising volume with rising OI means new positions are being opened. The combination matters more than either alone for reading sentiment. Combined with the current negative dealer-gamma regime, large OI clusters tend to act as price repellents that accelerate moves through key strikes.
Using TSM OI/volume data alongside other surfaces
Per-strike OI is the input to dealer-gamma calculations: strikes with elevated call OI generate gamma walls that dealers must hedge into as spot approaches them. The gamma-exposure page combines this distribution with the dealers' assumed-long-gamma assumption to project hedge flow. Volume cross-checks recent positioning shifts in the chain that haven't yet shown up in cumulative OI. Pair both with the term-structure view on the volatility page to determine whether the activity is concentrated in near-dated event hedging or longer-dated structural positioning. Front-month expiration for TSM sits at 28 days, so near-dated volume currently dominates the flow reading.
Learn how options volume is reported and how to read the data →
Daily options volume for TSM over the last ~38 trading days. Volume measures contracts traded per day across all strikes and expirations; combined with put/call ratio it tracks directional positioning flow.
Most recent 15 trading days (descending). Older history appears in the chart above.
| Date | Call Volume | Put Volume | Total Volume | P/C Volume |
|---|---|---|---|---|
| Jul 24, 2026 | 68.3K | 92.6K | 160.9K | 1.35 |
| Jul 23, 2026 | 41.7K | 54.7K | 96.4K | 1.31 |
| Jul 22, 2026 | 33.1K | 42.9K | 76.1K | 1.29 |
| Jul 21, 2026 | 77.6K | 79.4K | 157.0K | 1.02 |
| Jul 20, 2026 | 67.6K | 112.3K | 179.9K | 1.66 |
| Jul 17, 2026 | 107.4K | 167.9K | 275.3K | 1.56 |
| Jul 16, 2026 | 203.0K | 168.0K | 371.0K | 0.83 |
| Jul 15, 2026 | 121.2K | 134.9K | 256.0K | 1.11 |
| Jul 14, 2026 | 164.7K | 139.3K | 304.0K | 0.85 |
| Jul 13, 2026 | 111.9K | 109.5K | 221.4K | 0.98 |
| Jul 10, 2026 | 75.5K | 93.2K | 168.7K | 1.23 |
| Jul 9, 2026 | 56.8K | 75.7K | 132.5K | 1.33 |
| Jul 8, 2026 | 38.6K | 46.2K | 84.8K | 1.20 |
| Jul 7, 2026 | 56.9K | 82.6K | 139.5K | 1.45 |
| Jul 6, 2026 | 58.7K | 85.9K | 144.6K | 1.46 |
Frequently asked TSM put/call volume history questions
- How much TSM options volume traded today?
- As of Jul 24, 2026, Taiwan Semiconductor Manufacturing Company Limited (TSM) traded 160.9K total options contracts, split as 68.3K calls and 92.6K puts. Volume measures today's flow only; standing inventory is captured by open interest, which reconciles after the close.
- What is the TSM put/call volume ratio?
- As of Jul 24, 2026, the put/call volume ratio is 1.35. Equity-only PCR has three competing interpretations - sentiment-contrarian (extremes signal turning points), hedging-flow (high PCR can be portfolio insurance demand rather than bearish bets), and informed-flow (the volume signal carries short-horizon predictive content per Pan and Poteshman 2006). Resolving which frame applies requires context on whether the flow is opening or closing and which strikes carry the activity.
- Is TSM options volume elevated?
- Elevated flow relative to the TSM recent average is one of the strongest signals of institutional positioning, pending news, earnings expectations, or hedging activity. The most informative reads combine elevated volume with directional structure (single-leg or vertical), aggressive execution (at the ask or sweep), and an upcoming catalyst on the calendar.