- Jan 18, 2006
- 40,364
- 45,117
TSM is in a good spot with large accumulation at these levels acting as support. With ER coming up on Oct15 this could move higher soon. There is also Daily Squeeze going on this, when it fires it will take the stock higher. I would like to play Oct16 85c. You can either play a straight call or do it as spread by buying 10/16 85C and selling 10/16 95C. if market opens low tomorrow and this trades lower than todays close it will be a good opportunity to buy.