Moderately bullish activity in Target (TGT), with shares up $1.72, or 1.78%, near $97.83. Options volume relatively light with 36k contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.93. Implied volatility (IV30) is higher by 0.0 points near 28.87,and below the 52wk median, suggesting an expected daily move of $1.78. Put-call skew steepened, indicating increased demand for downside protection.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TGT:
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
- Option traders moderately bearish in Target with shares down 1.02%
- ‘It’s Time to Sell Volatility,’ Says Options Trader About Target Stock (TGT)
- Trump Trade: U.S. ‘now fully owns and controls’ 10% of Intel
- Trump says ‘major tariff investigation’ on furniture coming