One Last Bear Rampage for 2022: Semiconductors

Looking at the ascent on some of these, I think I might go 10 percent or more OTM on options. My expepctation is they will descend faster than they ascended. KLAC gained 57 percent from low to high in barely more than one month. My expectation is it will trade at a new low, which would require a minimum loss of 365 percent. TSM doesn't have the greatest chart, but it gained 40 percent in two weeks. Likely to lose it all as fast, if not faster.