Target call volume above normal and directionally bullish
The Fly

Target call volume above normal and directionally bullish

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.

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