Trading a TSEM straddle lets you take a pure volatility position on Tower Semiconductor Ltd without committing to a direction. Tower Semiconductor Ltd's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate TSEM straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on TSEM profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when Tower Semiconductor Ltd stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the TSEM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, other Asia countries, and Europe. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The company also offers wafer fabrication services and design enablement platform for design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products.
The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the TSEM straddle is the cleanest expression of that view. Our scanner prices every TSEM straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a TSEM straddle into a catalyst or short a TSEM straddle to harvest decay, the options straddle setups that matter are all in one place.
