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Spotlight on Target: Analyzing the Surge in Options Activity

Benzinga ·  Sep 9 12:00

Financial giants have made a conspicuous bullish move on Target. Our analysis of options history for Target (NYSE:TGT) revealed 10 unusual trades.

Delving into the details, we found 60% of traders were bullish, while 20% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $618,124, and 3 were calls, valued at $131,846.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $155.0 for Target over the last 3 months.

Volume & Open Interest Trends

Assessing the volume and open interest is a strategic step...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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