Target (TGT) Offering Possible 24.69% Return Over the Next 8 Calendar Days

Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $107.00 short put and a strike $102.00 long put offers a potential 24.69% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $107.00 by expiration. The full premium credit of $0.99 would be kept by the premium seller. The risk of $4.01 would be incurred if the stock dropped below the $102.00 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

Target to hire more than 1,000 seasonal workers in Hawaii
Wed, 11 Sep 2019 00:50:26 +0000
Target Corp. (NSYE: TGT) announced Tuesday it plans to add more than 130,000 seasonal team members company-wide in preparation for for the holiday season — more than 1,000 of which will consist of new hires in Hawaii.

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Tue, 10 Sep 2019 23:39:11 +0000
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Target Hiring Over 130,000 for 2019 Holiday Season
Tue, 10 Sep 2019 18:42:58 +0000
Target hiring is going to be speeding up as the company prepares for the 2019 holiday season.Source: Sundry Photography / Shutterstock.com Target (NYSE:TGT) says that it is planning to bring in 125,000 retail employees to help it handle the extra work during the holidays. It's worth noting that these are seasonal positions and are not permanent employment.Outside of its retail efforts, the Target hiring spree will also include 8,000 employees to work at its distribution centers. Just like with the retail jobs, these are only seasonal opportunities to help TGT handle the extra flow from the holidays.InvestorPlace – Stock Market News, Stock Advice & Trading TipsIt's worth noting that Target hiring will have the company paying all of its employees a starting wage of $13 per hour. They will also get special benefits as well. This includes holiday pay for Thanksgiving and Christmas. Plus, the new employees will get a 10% discount at Target and a 20% discount on frozen fruits, vegetables and other products.While these may only be seasonal positions at Target, there is a chance that employees will transfer over to become normal workers. TGT notes that of the 120,000 seasonal employees it hired in 2018, over 40% stuck around after the season ended. * 10 Stocks to Sell in Market-Cursed September It isn't just Target hiring that is ramping up for the holidays. Other companies are also getting ready for the seasonal rush by bringing in temporary employees. UPS (NYSE:UPS) is among them with plans to bring in a total of 100,000 seasonal employees this year. Amazon is also hiring, but these aren't seasonal positions. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season As of this writing, William White did not hold a position in any of the aforementioned securities.The post Target Hiring Over 130,000 for 2019 Holiday Season appeared first on InvestorPlace.

What Target’s Holiday Hiring Indicates
Tue, 10 Sep 2019 17:43:08 +0000
Target announced today that it plans to hire 130,000 temporary employees for the holidays. This year’s numbers are about 10,000 higher than last year's.

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