Target’s most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $252.50 short put and a strike $247.50 long put offers a potential 40.85% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $252.50 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $247.50 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
10 High Beta Dividend Stocks to Buy
Thu, 28 Oct 2021 10:54:49 +0000
In this article, we will be taking a look at 10 high beta dividend stocks to buy. To skip our detailed analysis of dividend investing, you can go directly to see the 5 High Beta Dividend Stocks To Buy. The volatility of the stock market and individual stocks are increasingly important to keep track of […]
Cliff Asness’ Portfolio: Top 10 Stock Picks
Thu, 28 Oct 2021 08:34:31 +0000
In this article, we discuss the top 10 stock picks in Cliff Asness’ Portfolio. If you want to skip our detailed analysis of Cliff Asness’ history, investment philosophy, and hedge fund performance, go directly to Cliff Asness Portfolio: Top 5 Stock Picks. Investment management guru Cliff Asness is a renowned name in the world of […]
WWD Honors: Target, Best-performing Retailer, Large Cap
Wed, 27 Oct 2021 15:00:12 +0000
WWD honors the big-box retailer for its exceptional growth over the last few years.
Target (TGT) Adds Charm to Holidays With Enhanced Deliveries
Wed, 27 Oct 2021 14:54:02 +0000
Target (TGT) announces additional features and functionalities to make deliveries and pickups more convenient during the holiday season.
Ear-Piercing Firm Rowan Valued at $100 Million in Funding Round
Wed, 27 Oct 2021 12:00:00 +0000
(Bloomberg) — Ear-piercing company Rowan Inc. is worth $100 million in a new funding round following a nationwide expansion over the past year with studios inside Target Corp. stores.Most Read from BloombergA Deep Dive Into Squid Game’s World of InequalityMeet Six People Fighting Water Scarcity Across the GlobeHamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaThe startup raised $20 million in Series B financing led by VMG Partners, a growth-equity firm that invests in lifestyle bra
Follow Us on Facebook