Moderately bullish activity in Target (TGT), with shares up $1.11, or 1.25%, near $90.39. Options volume roughly in line with average with 92k contracts traded and calls leading puts for a put/call ratio of 0.59, compared to a typical level near 0.69. Implied volatility (IV30) dropped 0.18 near 33.52,and above the 52wk median, suggesting an expected daily move of $1.91. Put-call skew flattened, suggesting a modestly bullish tone.
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