Semiconductor Stock Surges on May Net Revenue Data

Group 1 - Taiwan Semiconductor Manufacturing Co Ltd. (TSM) is experiencing a 2.5% increase in stock price, trading at $212.17, driven by positive net revenue for May, which shows a nearly 40% year-over-year increase despite being 8.3% lower than April [1] - The stock is on track for its seventh consecutive gain, marking the longest daily winning streak since December 2023, and is currently at its highest level since late January, with a year-to-date gain of 7.5% [2] - Call options for TSM are trading at nearly double the average rate, with 36,000 contracts initiated, particularly the weekly 6/13 212.50-strike call being actively sold to open [2] Group 2 - The options for TSM appear affordable, indicated by a Schaeffer's Volatility Index (SVI) of 32%, which is in the 2nd percentile of its annual range [3]