Houghton and Atkeson

   

Taiwain Semiconductor Manufacturing (TSM) is a foundry manufacturing firm with a wide array of semiconductor products for a diverse customer base.

With the stock trading above $8, option investors have stepped in today to buy more than 14,000 TSM Nov 7.50 Calls (TSMKU). This single trade is more than half of all of the open interest and 16 times usual volume.

Is it possible the semiconductor sector is bouncing during what is expected to be a very difficult earnings season? TSM is scheduled to report earnings on Oct. 20.

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