Target (TGT) Offering Possible 38.5% Return Over the Next 17 Calendar Days

Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $252.50 short call and a strike $257.50 long call offers a potential 38.5% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $252.50 by expiration. The full premium credit of $1.39 would be kept by the premium seller. The risk of $3.61 would be incurred if the stock rose above the $257.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Target is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Target is bearish.

The RSI indicator is at 32.47 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

August jobs report, Consumer confidence: What to know this week
Sun, 29 Aug 2021 20:22:16 +0000
New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the summer.

2 Inexpensive Dividend Stocks to Consider
Sat, 28 Aug 2021 14:15:00 +0000
Investing in stocks that pay dividends can be a good way to generate income. Additionally, companies that pay dividends tend to be more mature, offering stable earnings and cash flows — features that can make an investment less risky. Target (NYSE: TGT) and eBay (NASDAQ: EBAY) could be good candidates if you're looking for dividend stocks to add to your portfolio.

3 Top Stocks That Just Blew Away Wall Street Expectations
Sat, 28 Aug 2021 13:00:00 +0000
The second-quarter earnings season was packed with mostly good news for investors. Many of the market's biggest companies, from retailers to tech giants, raised their 2021 outlooks following a surprisingly strong first half of the year.

Is Target's Disney Maneuver the Future of Malls?
Sat, 28 Aug 2021 02:34:05 +0000
Target (NYSE: TGT) preps for the holidays by tripling the number of Disney (NYSE: DIS) shops inside its stores. The activist investor battle between Starboard Value and Box escalates. In this episode of MarketFoolery, Jason Moser analyzes those stories, as well as the “War On Cash” drama that broke out at WWE's (NYSE: WWE) SummerSlam event in Las Vegas.

A Look at Target, Lowe's, and Krispy Kreme
Fri, 27 Aug 2021 21:02:12 +0000
Despite a great second-quarter report (and a $15 million stock buyback plan), Target (NYSE: TGT) failed to impress Wall Street. Lowe's (NYSE: LOW) popped 10% after posting strong second-quarter profits and raising full-year guidance. In this episode of MarketFoolery, Motley Fool analyst Alicia Alfiere analyzes those stories and Krispy Kreme's (NYSE: KKD) first report as a public company.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.