META Puts ($35K profit) into TSM Calls

Posted: Apr 09, 2024

- The poster made a large profit by investing in $META puts and $TSM calls - They believe TSMC's performance is good despite an earthquake in Taiwan - They are waiting for TSMC's monthly revenue figures on 4/9/24 and earnings report on 4/18/24 - The awarding of Biden's $6.6B U.S. production for TSMC's Arizona foundry is expected to positively impact the stock - The poster may sell their position after the monthly revenue figures or based on the earnings forecast - They caution about potential risks due to economic updates and events later in the week.





Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!