Did the recent fluctuation of TSM make you unsure of future price trends? I'll show you how to be profitable no matter which direction the price goes.
(TSM) TSMC ADR Stock Price, Trends, and Trade Tips
Why Do You Want to Invest in TSMC?
You might wonder what's the point off trading in TSMC's ADR if you can buy the same stock in Taiwan's stock market?
Well, the US stock market lets you trade options, not just stocks, so you have the additional flexibility to trade options through TSMC's ADR in the US stock market.
If the stock price moves beyond our strikes, here are the adjusting strategies to the losing Strangle and we can wait for the stock price to revert back to our expectations.
Sell options to receive an income upfront and the chance to roll options to change strikes and expiration. Rolling gives us more time to be profitable.