Trade IdeaFreeTrade of the WeekThu September 19, 2024TSMC Trade: A Bullish Bet on the King of SemisPositioning for earnings events can bring high rewards, especially with options trading. We’re bullish on Taiwan Semiconductor ($TSM) ahead of its October earnings, leveraging a long OTM call option. Favorable market conditions, like the Fed’s cutting cycle and easing geopolitical risks, support strong performance through year-end. This high-risk, high-reward strategy is designed to benefit from positive seasonality and earnings momentum.