Target (TGT) Offering Possible 49.25% 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 $202.50 short call and a strike $207.50 long call offers a potential 49.25% 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 $202.50 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $3.35 would be incurred if the stock rose above the $207.50 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 33.96 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

Russia-Ukraine crisis, Powell testimony, jobs report: What to know this week
Sun, 27 Feb 2022 16:50:45 +0000
Investors will shift their focus from Putin to Powell in the week ahead when the Federal Reserve Chair testifies before lawmakers Wednesday and Thursday for clues in his remarks on how geopolitical risk could impact the central bank’s path forward on lifting interest rates. Traders will also tune in to the Labor Department’s February jobs report Friday for the latest snapshot on the U.S. job market recovery.

Declining Stock and Solid Fundamentals: Is The Market Wrong About Target Corporation (NYSE:TGT)?
Sun, 27 Feb 2022 13:47:03 +0000
Target (NYSE:TGT) has had a rough three months with its share price down 19%. However, a closer look at its sound…

3 Things to Watch in the Stock Market This Week
Sun, 27 Feb 2022 12:00:00 +0000
Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) finished modestly higher after initially falling on news that hostilities had begun between Russia and Ukraine. With that in mind, let's look at why Zoom (NASDAQ: ZM), Ambarella (NASDAQ: AMBA), and Target (NYSE: TGT) are among the most anticipated earnings reports to watch. Investor sentiment is negative heading into Zoom's Monday earnings announcement.

10 Undervalued Dividend Kings To Buy In 2022
Fri, 25 Feb 2022 20:07:22 +0000
In this article, we discuss 10 undervalued dividend kings to buy in 2022. If you want to skip our detailed analysis of these stocks, go directly to 5 Undervalued Dividend Kings To Buy In 2022. A dividend king is a company that has raised its dividends consecutively for at least the last 50 years. These […]

Why grocery curbside pickup will outlast delivery
Fri, 25 Feb 2022 17:30:43 +0000
The pandemic continues to disrupt grocery business, but that doesn't mean all changes are here to stay.

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