Following his interest in NVIDIA, renowned investor Duang Yongping has now turned his attention to another semiconductor giant, Taiwan Semiconductor Manufacturing Company (TSM, Financial). Recently, Duang shared on social media that the expiration of many put options in January freed up significant cash. He noted the high valuations in the U.S. stock market and the decreasing interest on T-bills, making investment decisions challenging. Duang reflected on TSMC, acknowledging its impressive performance since he first became aware of it 35 years ago. Despite TSMC being a capital-intensive business, he found the idea of being fully invested appealing, although staying in cash was somewhat uncomfortable.
After selling put options on NVIDIA, Duang has moved to sell put options for TSMC. A screenshot from his Charles Schwab account reveals his intention to sell 100 contracts of TSMC put options with a strike price of $175, expiring on January 16, 2026, at a limit price of $23.2. This reflects his strategic approach to leveraging options in the current market environment.
