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Investors Purchase High Volume of United Microelectronics Call Options (NYSE:UMC)

Investors recently bought a significantly higher volume of United Microelectronics (NYSE:UMC) call options, totaling 89,622 contracts, which is 483% above the typical volume. Despite this unusual options activity and a recent dividend increase, analysts maintain a "Hold" rating for the semiconductor company, with institutional investors holding 5.05% of the stock. United Microelectronics reported strong financials, including $0.53 EPS and $2.16 billion in revenue for the last quarter, and a 33.18% net margin.

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Investors Purchase High Volume of United Microelectronics Call Options (NYSE:UMC) | TahmVest News