Target Unusual Options Activity For August 02
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Target Corporation (NYSE:TGT), with a majority of investors taking a bearish stance. Of the 10 strange trades detected, 70% were bearish and 30% bullish. The total amount for puts was $281,616 and for calls was $219,672. Whales have been targeting a price range from $120.0 to $150.0 for Target over the last 3 months. The current price of TGT is $133.11, up 0.09%.
August 04, 2023 | 11:26 am
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Unusual options activity has been detected for Target Corporation (NYSE:TGT), with a majority of investors taking a bearish stance. This could potentially impact the stock's price in the short term.
The unusual options activity, with a majority of investors taking a bearish stance, indicates a potential downward pressure on the stock's price in the short term. However, the actual impact will depend on various factors including overall market conditions and company-specific news.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100