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Texas Instruments Bullish Weekly Consolidation with Bullish Flow

Texas Instruments Bullish Weekly Consolidation with Bullish Flow

by | Jul 14, 2021 | Open Interest Alerts

Texas Instruments (TXN) triggered above $192.75 on 7/13 though pulled back with Tech later in the session, so that level remains on watch. TXN a name that has seen a lot of large opening put sales recently and 1000 January $180 calls bought on 7/12 for $1.88M. TXN has 80% in-house fab capacity which should help it navigate challenges better than peers and the demand environment remains extremely strong.