Target (TGT) Offering Possible 36.99% Return Over the Next 10 Calendar Days

Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $245.00 short put and a strike $240.00 long put offers a potential 36.99% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $245.00 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $240.00 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 at 38.46 level which suggests that the stock is neither overbought nor oversold at this time.

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

Zumiez (ZUMZ) Q3 Earnings Beat Estimates, Sales Increase Y/Y
Fri, 03 Dec 2021 20:31:08 +0000
Zumiez's (ZUMZ) third-quarter fiscal 2021 results reflect gains from robust strategic efforts.

Ulta Beauty (ULTA) View Up on Q3 Earnings Beat, Stock Gains
Fri, 03 Dec 2021 15:04:03 +0000
Ulta Beauty's (ULTA) third-quarter fiscal 2021 results reflect higher earnings and sales, backed by growth in all major categories. Management raises fiscal 2021 view.

Ollie's Bargain (OLLI) Q3 Earnings & Sales Miss, Comps Down
Fri, 03 Dec 2021 14:36:02 +0000
Ollie's Bargain's (OLLI) third-quarter performance reflects tough year-over-year comparison and supply chain bottlenecks.

Add These 5 Strong Sales Growth Stocks to Your Portfolio Now
Fri, 03 Dec 2021 13:00:01 +0000
Steady sales growth is a vital gauge of a company's ability to sustain its business. Let's check out Target (TGT), Olin (OLN), Callon Petroleum (CPE), Cboe Global (CBOE) and Nutrien (NTR), as these are likely to witness top-line growth.

Signet (SIG) Q3 Earnings & Revenues Beat, FY22 View Higher
Thu, 02 Dec 2021 20:02:08 +0000
Signet (SIG) reports a stellar third-quarter fiscal 2022. Results gain from the robust execution of its Inspiring Brilliance strategy and solid digital efforts.

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