Bullish option flow detected in Target (TGT) with 16,384 calls trading, 3x expected, and implied vol increasing almost 2 points to 47.95%. Nov-24 160 calls and 11/22 weekly 177.5 calls are the most active options, with total volume in those strikes near 8,600 contracts. The Put/Call Ratio is 0.15. Earnings are expected on November 20th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TGT:
- Amazon (AMZN) Merges Grocery Fulfillment Networks in Efficiency Push
- Amazon.com testing new grocery formats, WSJ reports
- Elf Beauty price target lowered to $170 from $223 at DA Davidson
- Trump’s Victory Sparks Market Surge: The Winners and Losers of the “Trump Trade”
- Walmart price target raised to $90 from $81 at Guggenheim