shares of taiwan semiconductor mfg co ltd tsm wednesday climbed almost 4 ahead of its firstquarter earnings report on cnbcs options action tony zhang said the stock traded more than three times its average daily volume on wednesday “the options market is implying a pretty sizable move of about 47 versus the average we’ve seen over the last eight quarters of only 35 he added check out other semiconductor names making big moves in the premarket an institutional trader bought 6000 of the april 28 weekly 109 calls at an average price of 97 cents per contract as well as 3500 of the april 28 weekly 110 calls at 99 cents per contract zhang mentioned the trader expects taiwan semiconductor’s stock to rise by at least 8 by april 28 expiration