Target (TGT) Offering Possible 22.85% Return Over the Next 14 Calendar Days

Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $125.00 short call and a strike $135.00 long call offers a potential 22.85% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $125.00 by expiration. The full premium credit of $1.86 would be kept by the premium seller. The risk of $8.14 would be incurred if the stock rose above the $135.00 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 75.38 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

Is Target Stock A Buy Right Now, After Being Named A 'Best Idea' For 2020?
Wed, 04 Dec 2019 21:35:35 +0000
Despite pressure from rival retailers, Target remains a leader in its group. Here is what the fundamentals and technical analysis say about buying Target stock now.

3 Secrets To Target's Recent Success You May Have Overlooked
Wed, 04 Dec 2019 21:05:00 +0000
Cowen's deep dive into Target's digital business uncovered three key reasons why robust growth is likely to continue.

Target Option Traders Turn Bearish Following Big Holiday Shopping Weekend
Wed, 04 Dec 2019 18:20:40 +0000
Shares of Target Corporation (NYSE: TGT) are up 89% year to date, making it one of the top-performing stocks in the retail sector. On Tuesday at 9:01 a.m., a trader sold 668 Target call options with an $131 strike price expiring on Jan. 3 near the bid price at 74.1 cents. On Tuesday at 10:12 a.m., a trader sold 1,238 Target call options with a $135 strike price expiring on Jan. 17 near the bid price at $1.011.

Kroger (KR) to Report Q3 Earnings as Amazon Guns for Supermarket Space
Wed, 04 Dec 2019 17:15:05 +0000
Kroger (KR) will report its third quarter financial performance before the opening bell on Thursday, December 5.

Nike, Alcoa, Amazon, Target and Best Buy highlighted as Zacks Bull and Bear of the Day
Wed, 04 Dec 2019 15:42:33 +0000
Nike, Alcoa, Amazon, Target and Best Buy highlighted as Zacks Bull and Bear of the Day

Be Sociable, Share!

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 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.