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Target call volume above normal and directionally bullish

Bullish option flow detected in Target with 71,527 calls trading, 8x expected, and implied vol increasing over 1 point to 28.17%. Jun-23 131 calls and Jun-23 132 calls are the most active options, with total volume in those strikes near 18,700 contracts. The Put/Call Ratio is 0.18. Earnings are expected on August 16th.

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Published first on TheFly

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