Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $80.50 short put and a strike $75.50 long put offers a potential 14.42% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.50 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock dropped below the $75.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Target is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Target is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Target
CVS to Pour $50 Million Into New Anti-Smoking Efforts
Thu, 10 Mar 2016 12:00:52 GMT
Target and 4 Other Hidden Gems for Growth Investors
Wed, 09 Mar 2016 23:24:11 GMT
Better Dividend Stock: Wal-Mart vs. Target
Wed, 09 Mar 2016 22:44:00 GMT
TARGET CORP Files SEC form 8-K/A, Change in Directors or Principal Officers
Wed, 09 Mar 2016 21:21:08 GMT
TARGET CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Wed, 09 Mar 2016 21:08:58 GMT
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