Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $255.00 short put and a strike $250.00 long put offers a potential 44.93% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $255.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $3.45 would be incurred if the stock dropped below the $250.00 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 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
What labor shortage? Sam's Club CEO says it has reached full employment
Tue, 26 Oct 2021 19:36:48 +0000
Sam's Club CEO Kathryn McLay stops by the Yahoo Finance All Markets Summit and shares one stunning fact about employment in her stores.
Target expands same-day fulfillment services for the holidays
Tue, 26 Oct 2021 12:30:44 +0000
Target Corp. announced enhancements to its same-day delivery and pickup services on Tuesday, in time for the holidays. The retailer is adding 18,000 spaces for curbside pickup. A feature called “Shopping Partner” will allow a customer to send someone to pickup an order in their place. “Forgot Something” will let customers add items after an order has been placed. And “backup items” can be added as a second choice in case some grocery items are unavailable. New items and new locations have also b
Target Is Making Holiday Shopping Easier Than Ever with New Pickup Enhancements and Thousands More Drive Up Spots
Tue, 26 Oct 2021 12:00:00 +0000
Target Corporation (NYSE: TGT) is making it easier than ever for guests to shop this season, with the introduction of new features to its industry-leading same-day services. New for the holidays, enhancements to Drive Up, Order Pickup and Same-Day Delivery with Shipt will give guests even more flexibility. With the click of a button, guests can now personalize their shopping experience to fit their schedule and needs, even if plans change.
4 Solid Stocks to Buy on a Booming Online Grocery Market
Tue, 26 Oct 2021 10:47:10 +0000
Online grocery purchase has been gaining traction since the onset of the pandemic, which is helping stocks like Target Corporation (TGT), Walmart (WMT) and Costco Wholesale Corporation (COST).
Target (TGT) Outpaces Stock Market Gains: What You Should Know
Mon, 25 Oct 2021 21:45:09 +0000
Target (TGT) closed the most recent trading day at $260.35, moving +1.73% from the previous trading session.
Related Posts
Also on Market Tamer…
Follow Us on Facebook