Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $257.50 short put and a strike $252.50 long put offers a potential 69.49% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $257.50 by expiration. The full premium credit of $2.05 would be kept by the premium seller. The risk of $2.95 would be incurred if the stock dropped below the $252.50 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
Walmart is hiring ‘supply chain associates' $20.37 per hour on average
Mon, 01 Nov 2021 17:04:36 +0000
Walmart (WMT) is holding a national supply chain-hiring event later this week. The average wage for the retail giant's supply chain associates is $20.37 per hour.
Was The Smart Money Right About Target Corporation (TGT)?
Mon, 01 Nov 2021 15:06:00 +0000
In this article we will check out the progression of hedge fund sentiment towards Target Corporation (NYSE:TGT) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]
Nearing Retirement? These Stocks Will Pay You for Life
Sun, 31 Oct 2021 12:22:00 +0000
As your working days come to a close, you can take a moment to pat yourself on the back. While Social Security may help, the average monthly Social Security paycheck is less than $1,600 a month. Today, we are going to talk about three companies that all qualify as Dividend Kings, meaning they have increased their dividend payouts annually for at least fifty consecutive years.
Target kicking off Black Friday deals on Halloween
Thu, 28 Oct 2021 16:57:50 +0000
Every Sunday starting Oct. 31, Target will unveil week-long holiday deals that promise the retailer's best planned price of the season on items including electronics, toys, kitchen appliances, apparel and beauty
Target Reveals First Look at Early Black Friday Savings, Kicking Off Oct. 31
Thu, 28 Oct 2021 13:00:00 +0000
Target Corporation (NYSE: TGT) today announced the kickoff to early Black Friday savings with week-long Holiday Best deals starting Oct. 31, helping guests save early and all season long. To give holiday shoppers added confidence, whenever guests see a deal advertised as “Holiday Best” at Target, they can rest easy knowing they are getting the retailer's best planned price of the season.
Related Posts
Also on Market Tamer…
Follow Us on Facebook