Taiwan Semiconductor (TSM) experienced unusually heavy options trading on January 21, signaling intense short-term directional speculation following the stock's steep decline the previous day.
- The heavy trading occurred after the stock dropped 4.45% on January 20.
- The activity included multiple large-volume trades, notably thousands of PUT contracts targeting the February 20, 2026, $320.00 strike price.
- TSM closed the day with a modest recovery, trading up 0.15% at $327.68.