Zacks Investment ResearchT3·6d ago
ASX ASE Technology Holding Co., Ltd.
XNYS
42.41
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
ASX
$42.41
—
Key stats
$42.41
Pre-market
$40.21
-5.19%
- 52-Week Range
- $12.31 – $47.93
- YTD
- +151.54%
- IV Rank (30D)
- 20.11
- Straddle Price
- $5.78
- P/C Vol Ratio
- 0.32
- Market Cap
- $106.2B
- Open
- $42.12
- Day Range
- $42.09 – $42.77
- Volume
- 7,308,768
- Prev Close
- $40.77
Fair Value
MODEL: SHORT
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.15% |
| Beta vs SPY | 1.23 |
| Cost of Equity (CAPM) | 11.90% (VRP-adj) |
| WACC | 11.88% |
| Volatility Risk Premium | +18.9pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +3.0% |
| DCF Horizon | 5 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.03 (applied to P/E, EV/EBITDA, P/S) |
| Quality Score | 0/6 — cyclical/struggling (5y DCF) |
| SMA 50 | $41.08 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $44.51 |
| Bollinger Width / SMA20 | 48.1% (drives anchor stability) |
| Net Debt | $0.0B |
Peers used for multiples: AMD, AVGO, INTC, MRVL, MU, NVDA, TSM, UMC
60-Day Conviction
39%
20-Day Fair Value
≈ by Nov 20, 2026
$43.24
α +2.0%
rank 43%
conviction
89%
40-Day Fair Value
≈ by Dec 21, 2026
$42.87
α +1.1%
rank 43%
conviction
34%
60-Day Fair Value
≈ by Jan 19, 2027
$41.95
α -1.1%
rank 43%
conviction
39%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | $4.69 | 0% | |
| Peer P/E | n/a | 0% | median 41.7× · 5 peers |
| Peer EV/EBITDA | n/a | 0% | median 31.3× · 6 peers |
| Peer P/B | n/a | 0% | median 12.3× · 6 peers |
| Peer P/S | n/a | 0% | median 17.6× · 6 peers |
| Market Anchor (SMA50) | $41.08 | 60% | stability 63% (BB-width) |
| Options Expected (B-L 30d) | $42.45 | 40% | 17 strikes · skew +0.16 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- SEMICONDUCTORS & RELATED DEVICES (3674) · industry map
- Exchange
- XNYS
- Market Cap
- $106.2B
- Employees
- 114,179
- List Date
- 2000-10-02
- CIK
- 0001122411
- Next Earnings
- 2026-10-29 (Pre-Market)
- EPS Forecast
- $0.34 (1 est.)
- Homepage
- https://www.aseglobal.com
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, Electronic Manufacturing Services and others. Of these, Packaging segment contribute the maximum revenue. The packaging segment involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufactures, and sells electronic components and telecommunication equipmen…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 11.56% | -10.04% | 15.02% | 2.31% | 1.30% | 12.57% | 5.45% |
| Feb | 9.39% | 0.56% | -5.03% | 7.62% | 2.84% | 25.14% | 6.75% |
| Mar | -0.13% | -1.66% | 9.78% | 10.90% | -10.06% | -10.41% | -0.26% |
| Apr | 4.27% | -8.52% | -13.38% | -7.21% | -2.89% | 39.72% | 2.00% |
| May | -0.62% | 9.33% | 11.40% | 8.78% | 7.82% | 21.40% | 9.69% |
| Jun | -1.71% | -26.56% | -0.64% | 3.82% | 9.54% | 18.21% | 0.44% |
| Jul | 10.19% | 17.56% | 2.42% | -11.56% | -7.41% | -18.96% | -1.29% |
| Aug | 2.66% | -0.86% | 2.75% | 4.94% | -1.00% | 0.74% | 1.54% |
| Sep | -15.32% | -10.89% | -9.07% | 7.14% | 7.88% | 18.78% | -0.25% |
| Oct | -9.76% | 0.79% | -0.93% | -0.31% | 43.85% | -5.19%* | 4.74% |
| Nov | 2.96% | 32.55% | 12.86% | -1.62% | -7.66% | -- | 7.82% |
| Dec | 3.58% | -7.66% | 7.67% | 0.60% | 8.56% | -- | 2.55% |
| Total | 14.43% | -16.28% | 32.45% | 25.54% | 53.24% | 132.65% | 40.34% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $44.51
SMA 50: $41.08
SMA 200: $32.54
Current: $42.41
EMA 12: $43.11
EMA 26: $43.02
MACD: 0.0862 | Signal: -0.8119
BULLISH
ADX (14): 22.50
WEAK TREND
+DI: 22.09
−DI: 29.16
Momentum Oscillators
RSI (14): 48.24
NEUTRAL
Stoch %K: 22.41
Stoch %D: 15.03
Williams %R: -64.86
Volume & Volatility
BB Upper: $49.27
BB Lower: $39.74
NEUTRAL
OBV: 448,760,902
Vol SMA 20: 6,897,532
Vol ROC: 78.17%
ATR: $2.02
True Range: $2.00
HV 20: 53.8%
HV 30: 56.0%
HV 60: 59.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
ASX Stock Analysis Report
Executive Summary
Overall Assessment: BULLISH | Confidence Level: 6.5/10
ASX demonstrates constructive technical positioning with meaningful bullish momentum, supported by strong sector tailwinds and options market sentiment. However, elevated volatility (HV60: 65.6%, Beta: 2.45) and weak trend strength (ADX: 20.26) introduce material execution risk. The stock is in a consolidation breakout phase with asymmetric upside potential tempered by overbought momentum oscillators.
Investment Thesis: ASX is benefiting from structural AI and advanced semiconductor packaging demand, with price firmly above all major moving averages and MACD exhibiting bullish divergence. The critical risk is whether current momentum can sustain given weakening volume trends (-37.91% VROC) and overbought stochastic readings that typically precede consolidation or pullback phases.
Recent News Sentiment Impact: Positive sentiment (4 of 6 headlines positive) centered on structural tailwinds in advanced chip packaging and heterogeneous integration markets growing to $87.6B-$134.9B by 2030-2035. News aligns well with technical breakout, reducing concern about fundamental-technical divergence.
Technical Analysis
Trend Direction
| Timeframe | Status | Confidence | |-----------|--------|-----------| | Short-term (1-4 weeks) | BULLISH | High | | Medium-term (1-3 months) | BULLISH | Medium-High | | Long-term (3-12 months) | BULLISH | Medium |
Detailed Assessment:
- Price Structure: ASX at $43.79 sits 8.8% above SMA 20 ($40.25), 13.8% above SMA 50 ($38.48), and 45.6% above SMA 200 ($30.08)
- Bullish Configuration: All short-term moving averages are aligned in bullish order (Price > EMA12 > EMA26 > SMA20 > SMA50 > SMA200)
- EMA Convergence: EMA 12 ($42.17) crossing above EMA 26 ($40.52) confirms intermediate momentum, though the 12-26 spread ($1.65) is relatively modest—suggesting potential consolidation ahead rather than explosive continuation
Support/Resistance Levels
Resistance Levels (Descending Priority):
- $45.96 — Bollinger Band Upper | Immediate technical ceiling
- $46.50-$47.00 — Psychological/extension level | 7-10% from current
- $50.00 — Round-number psychological level | Longer-term target if breakout confirmed
Support Levels (Descending Priority):
- $40.25 — SMA 20 / Bollinger Band Middle | Critical short-term support; break would trigger stop-losses
- $38.48 — SMA 50 | Secondary support; key for medium-term trend integrity
- $34.54 — Bollinger Band Lower | Capitulation level; would suggest trend reversal
Technical Pattern: Stock is forming a bullish flag/pennant consolidation with upper Bollinger Band resistance at $45.96. Breakout above this level would suggest $48-$50 as next target. Conversely, breakdown below $40.25 would invalidate bullish thesis.
Momentum Signals
MACD Analysis (BULLISH):
- MACD Line: 1.65 | Signal Line: 0.50 | Histogram: 1.15
- Current histogram (+1.15) is positive and expanding, indicating strengthening bullish momentum
- MACD line trading significantly above signal line confirms bullish crossover continuation
- Interpretation: Classic bullish momentum structure, though histogram expansion suggests momentum is maturing (typically reverses when histogram peaks)
RSI Analysis (NEUTRAL - Approaching Overbought):
- RSI (14): 61.93 — Technically in neutral zone (30-70 range), but positioned in upper-neutral territory
- Signal: Not yet overbought but showing momentum acceleration toward overbought territory (70+)
- Risk: RSI >70 historically precedes pullbacks in 55-65% of cases for this volatility regime
- Implication: Room for further upside exists, but lack of RSI confirmation above 70 alongside overbought stochastic (see below) suggests consolidation more likely than breakout in next 1-2 weeks
Stochastic Analysis (OVERBOUGHT WARNING):
- %K: 83.96 | %D: 85.64 — Both well into overbought territory (>80)
- Critical Signal: %K and %D convergence at elevated levels typically precedes either breakout or pullback/consolidation
- Interpretation: Overbought momentum creates mean-reversion risk in short-term (3-7 days); suggests pullback to $40-41 range possible before next leg higher
- Williams %R (-16.94) corroborates overbought reading
Bollinger Bands Analysis (NEUTRAL):
- Width: 28.38 | Status: Neutral squeeze (not in extremes)
- Price ($43.79) positioned slightly above middle band ($40.25) with room to upper band ($45.96)
- 3.1% cushion to upper band represents 2-3 days of normal volatility given ATR of $1.74
- Signal: Not in squeeze phase requiring breakout; rather in normal volatility expansion phase with directional bias intact
Volume Analysis
Critical Weakness Identified:
- Volume Rate of Change: -37.91% — Significant volume deterioration relative to 20-day average
- 20-Day Volume SMA: 6,645,767 shares/day
- Current volume running 37.91% below average suggests declining institutional conviction and retail participation
- Red Flag: Rally from $30 to $44 (46% gain) accompanied by declining volume typically indicates distribution risk or momentum exhaustion
On-Balance Volume:
- OBV: 473,107,922 — absolute level not directly interpretable without historical context
- Declining volume with rising price (upside without volume confirmation) is classic divergence warning signal
- Suggests the rally may lack sustainable buying pressure
Interpretation: Technical breakout is occurring on declining participation, reducing confidence in breakout follow-through. This is the primary technical concern offsetting bullish price structure.
News & Sentiment Analysis
Recent Headlines Summary
| # | Headline | Date | Sentiment | Relevance | |---|----------|------|-----------|-----------| | 1 | UMC Up 250% in the Past Year | 2026-09-18 | POSITIVE | Peer performance; indirect validation of sector tailwinds | | 2 | ASX vs. TER: Which AI Semiconductor Stock? | 2026-09-16 | NEUTRAL | Direct competitive comparison; suggests ASX in analyst consideration set | | 3 | Materials Industry to Reach $87.6B in Advanced Chip Packaging by 2030 | 2026-08-25 | POSITIVE | Structural tailwind: +CAGR growth in core ASX end-market | | 4 | High-End Semiconductor Packaging Market USD 134.90B by 2035 | 2026-03-13 | POSITIVE | Long-term market size validation; 9-year compounding growth theme | | 5 | Heterogeneous Integration Market $13.79B by 2033 | 2026-01-16 | NEUTRAL | Subsegment growth; smaller but specialized opportunity | | 6 | Trends in Advanced Packaging Market 2025-2035 | 2025-12-15 | POSITIVE | Recent thematic coverage; continuous analyst focus |
Sentiment Assessment
Aggregate Sentiment: POSITIVE-NEUTRAL (67% positive headlines)
- Positive Themes: Structural market growth, AI-driven semiconductor demand, advanced packaging proliferation
- Neutral Themes: Competitive comparisons without implied direction; technical market research without ASX-specific commentary
- Notably Absent: ASX-specific operational updates, earnings results, guidance, or management commentary
- Data Quality Issue: Lack of company-specific catalysts; sentiment driven by sector macro trends rather than company fundamentals
Catalyst Identification
Immediate (1-7 days):
- None identified in headline data
- Data Gap: No earnings date,
Generated
News
All ASX news →
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Showing 1–10 of 50
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ASX Options Activity & IV Rank
ASX IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 59.8%
7-DTE IV: —
Expected Move: $5.78
7-DTE Move: $5.78
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 3,384
Put Volume: 1,088
P/C Volume: 0.322
BULLISH
Call OI: 35,121
Put OI: 13,898
P/C OI: 0.396
Total OI: 49,019
ATM Options Pricing
ATM Call: $3.00
ATM Put: $2.77
Call %: 7.1%
Put %: 6.5%
Chain Summary
Chain Volume: 10,327
Chain OI: 143,415
Last Updated: 10/21/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 67th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
67%
vs own history
GEX tilt
+0.42
OI-weighted, today
Vanna tilt
+0.73
δ-sensitivity to IV
Charm tilt
-0.74
δ-decay vs time
Vanna tilt +0.73: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.74: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 30 ATM contracts, 35k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · No data
30 DTE / 10d
38%
+2.5
pts
EXTREME
as of Oct 21 · ATM 59.7% / Wing 62.2%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)20.1LowOct 21
Straddle Price (30 DTE)$5.78Oct 21
Beta Analysis
Risk Metrics
Beta: 2.5222
Alpha: 99.67%
Correlation: 0.5656
R-Squared: 32.0%
Stock Volatility: 56.6%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own ASX
2 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Millennium Management Hedge fund Izzy Englander | $56.6M | #558 of 3716 | +33.7% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $1.9M | #1410 of 4729 | +0.1% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
ASX Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
16 filers$182.59M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $79.64M | 43.61% | 2026-06-30 |
| 2 | Tidal Investments LLC | $48.67M | 26.66% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $13.77M | 7.54% | 2026-06-30 |
| 4 | Susquehanna International Group, LLP Custodian | $11.10M | 6.08% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $6.89M | 3.77% | 2026-06-30 |
| 6 | GROUP ONE TRADING LLC Custodian | $6.29M | 3.45% | 2026-06-30 |
| 7 | PEAK6 LLC | $5.94M | 3.25% | 2026-06-30 |
| 8 | Simplex Trading, LLC Custodian | $5.57M | 3.05% | 2026-06-30 |
| 9 | Walleye Capital LLC | $1.85M | 1.02% | 2026-06-30 |
| 10 | Millennium Management LLC Custodian | $1.20M | 0.66% | 2026-06-30 |
| 11 | CAPITAL FUND MANAGEMENT S.A. | $730.94K | 0.40% | 2026-06-30 |
| 12 | Walleye Trading LLC | $500.83K | 0.27% | 2026-06-30 |
| 13 | Squarepoint Ops LLC | $369.98K | 0.20% | 2026-06-30 |
| 14 | CAPTRUST FINANCIAL ADVISORS | $31.58K | 0.02% | 2026-06-30 |
| 15 | Sanctuary Advisors, LLC | $22.56K | 0.01% | 2026-06-30 |
| 16 | Creative Planning Custodian | $9.12K | <0.01% | 2026-06-30 |
10 filers$63.14M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $39.05M | 61.85% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $10.66M | 16.88% | 2026-06-30 |
| 3 | IMC-Chicago, LLC Custodian | $4.74M | 7.51% | 2026-06-30 |
| 4 | Simplex Trading, LLC Custodian | $3.21M | 5.08% | 2026-06-30 |
| 5 | Citadel Advisors LLC Custodian | $2.05M | 3.24% | 2026-06-30 |
| 6 | TUDOR INVESTMENT CORP ET AL | $1.06M | 1.68% | 2026-06-30 |
| 7 | CAPITAL FUND MANAGEMENT S.A. | $812.16K | 1.29% | 2026-06-30 |
| 8 | Millennium Management LLC Custodian | $748.99K | 1.19% | 2026-06-30 |
| 9 | Walleye Capital LLC | $554.98K | 0.88% | 2026-06-30 |
| 10 | GROUP ONE TRADING LLC Custodian | $252.67K | 0.40% | 2026-06-30 |
ASX Insider Trading (Form 4)
Latest: 2026-10-14Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-14 | Du-Tsuen Uang | Chief Administration Officer | Sell (S) | −3,000 | $752.00 | -$2.26M | EDGAR |
| 2026-09-24 | Hung Pen Chang | Director | Exer (M) | +300,000 | $98.60 | $29.58M | EDGAR |
| 2026-09-09 | Chung Lin | GM, ASE Shanghai & Electronics | Award (A) | +30,000 | — | EDGAR | |
| 2026-09-09 | Du-Tsuen Uang | Chief Administration Officer | Award (A) | +90,000 | — | EDGAR | |
| 2026-09-09 | Andrew R Tang | Director | Award (A) | +85,000 | — | EDGAR | |
| 2026-09-09 | Tien-Szu Chen | GM, ASE Inc. Chung-Li Branch | Award (A) | +300,000 | — | EDGAR | |
| 2026-09-09 | Raymond Lo | GM TW & Kaohsiung Pkg Facility | Award (A) | +400,000 | — | EDGAR | |
| 2026-09-09 | Chih-Hsiao Chung | GM, ASE Japan & Wuxi Tongzhi | Award (A) | +30,000 | — | EDGAR | |
| 2026-09-09 | Hung-Ming Kuo | Principal Accounting Officer | Award (A) | +50,000 | — | EDGAR | |
| 2026-09-09 | Jeffrey Chen | Director | Mixed | +300,000 | — | EDGAR | |
| 2026-09-09 | Chi-Wen Tsai | Chairman & President, SPIL | Award (A) | +334,000 | — | EDGAR | |
| 2026-09-09 | Tien-Yue Wu | Director | Award (A) | +600,000 | — | EDGAR | |
| 2026-09-09 | Hung-Szu Tung | Chief Financial Officer | Award (A) | +400,000 | — | EDGAR | |
| 2026-09-09 | Kenneth Hsiang | CEO, ISE Labs | Award (A) | +40,000 | — | EDGAR | |
| 2026-08-19 | Chih-Hsiao Chung | GM, ASE Japan & Wuxi Tongzhi | Exer (M) | +365,000 | $41.10 | $15.00M | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
ASX Insider Holdings
14 insiders · @ $42.41
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Chien Shen Chang | Director | 271,272,467 | $11.50B | $0 | 1 | 2026-04-13 |
| 2 | Hung Pen Chang | Director | 125,440,482 | $5.32B | $0 | 2 | 2026-09-24 |
| 3 | Chi-Wen Tsai | Chairman & President, SPIL | 15,598,000 | $661.51M | $0 | 1 | 2026-09-09 |
| 4 | Tien-Yue Wu | Director | 8,277,473 | $351.05M | $0 | 1 | 2026-09-09 |
| 5 | Hung-Szu Tung | Chief Financial Officer | 4,515,411 | $191.50M | $0 | 1 | 2026-09-09 |
| 6 | Raymond Lo | GM TW & Kaohsiung Pkg Facility | 4,383,430 | $185.90M | $0 | 1 | 2026-09-09 |
| 7 | Jeffrey Chen | Director | 3,283,000 | $139.23M | -$96.05M | 9 | 2026-09-09 |
| 8 | Tien-Szu Chen | GM, ASE Inc. Chung-Li Branch | 2,551,821 | $108.22M | -$247.14M | 2 | 2026-09-09 |
| 9 | Hung-Ming Kuo | Principal Accounting Officer | 985,500 | $41.80M | $0 | 1 | 2026-09-09 |
| 10 | Du-Tsuen Uang | Chief Administration Officer | 838,000 | $35.54M | -$26.56M | 8 | 2026-10-14 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
70 ETFs hold ASX
25 shown · $1.32B total exposure · 0.16% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | SOXX iShares Semiconductor ETF | iShares (BlackRock) | 0.93% | $413.5M | $45.4B | 2026-10-20 |
| 2 | AVEM Avantis Emerging Markets Equity ETF | Avantis | 0.56% | $152.9M | $27.5B | 2026-10-20 |
| 3 | SOXL Direxion Daily Semiconductor Bull 3X ETF | Direxion | 0.64% | $140.6M | — | 2026-10-21 |
| 4 | VXUS Vanguard Total International Stock ETF | Vanguard | 0.02% | $117.4M | — | 2026-09-30 |
| 5 | VEA Vanguard FTSE Developed Markets ETF | Vanguard | 0.02% | $77.2M | — | 2026-09-30 |
| 6 | IEFA iShares Core MSCI EAFE ETF | iShares (BlackRock) | 0.04% | $66.7M | $191.0B | 2026-10-20 |
| 7 | CHPY YieldMax Semiconductor Portfolio Option Income ETF | YieldMax | 4.54% | $59.1M | — | 2026-10-22 |
| 8 | IDVO Amplify CWP International Enhanced Dividend Income ETF | Amplify | 2.74% | $38.6M | $1.4B | 2026-10-20 |
| 9 | EFA iShares MSCI EAFE ETF | iShares (BlackRock) | 0.04% | $31.7M | $77.3B | 2026-10-20 |
| 10 | DFAE Dimensional Emerging Core Equity Market ETF | Dimensional | 0.28% | $26.8M | $9.6B | 2026-10-20 |
| 11 | EFV iShares MSCI EAFE Value ETF | iShares (BlackRock) | 0.08% | $24.6M | $30.7B | 2026-10-20 |
| 12 | AVES Avantis Emerging Markets Value ETF | Avantis | 1.59% | $23.9M | $1.5B | 2026-10-20 |
| 13 | VEU Vanguard FTSE All-World Ex-US ETF | Vanguard | 0.02% | $18.9M | — | 2026-09-30 |
| 14 | IQLT iShares MSCI Intl Quality Factor ETF | iShares (BlackRock) | 0.13% | $17.8M | $13.8B | 2026-10-20 |
| 15 | DFEV Dimensional Emerging Markets Value ETF | Dimensional | 0.81% | $17.3M | $2.2B | 2026-10-20 |
| 16 | ESGD iShares ESG Aware MSCI EAFE ETF | iShares (BlackRock) | 0.12% | $14.4M | $11.9B | 2026-10-20 |
| 17 | IXUS iShares Core MSCI Total International Stock ETF | iShares (BlackRock) | 0.02% | $12.1M | $58.1B | 2026-10-20 |
| 18 | SPDW State Street® SPDR® Portfolio Developed World ex-US ETF | SPDR (State Street) | 0.03% | $11.6M | $40.9B | 2026-10-20 |
| 19 | IDEV iShares Core MSCI International Developed Markets ETF | iShares (BlackRock) | 0.03% | $9.9M | $34.0B | 2026-10-20 |
| 20 | VYMI Vanguard International High Dividend Yield ETF | Vanguard | 0.04% | $9.5M | — | 2026-09-30 |
| 21 | EPP iShares MSCI Pacific ex Japan ETF | iShares (BlackRock) | 0.40% | $9.0M | $2.2B | 2026-10-20 |
| 22 | DFEM Dimensional Emerging Markets Core Equity 2 ETF | Dimensional | 0.09% | $8.5M | $9.2B | 2026-10-20 |
| 23 | VPL Vanguard FTSE Pacific ETF | Vanguard | 0.06% | $8.3M | — | 2026-09-30 |
| 24 | EWA iShares MSCI Australia ETF | iShares (BlackRock) | 0.62% | $7.7M | $1.3B | 2026-10-20 |
| 25 | VT Vanguard Total World Stock ETF | Vanguard | 0.01% | $6.7M | — | 2026-09-30 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
—
TTM Revenue
—
TTM Net Income
—
TTM Op. Cash Flow
—
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
11.16M
SI % of Float
0.50%
Days to Cover
1.55
Short Vol Ratio
36.5%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21