Whales with a lot of money to spend have taken a noticeably bullish stance on Target.
Looking at options history for Target (NYSE:TGT) we detected 22 trades.
If we consider the specifics of each trade, it is accurate to state that 54% of the investors opened trades with bullish expectations and 27% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $342,226 and 18, calls, for a total amount of $1,182,242.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $80.0 and $125.0 for Target, spanning the last three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Target options trades today is 4550.45 with a total volume of 12,758.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Target’s big money trades within a strike price range of $80.0 to $125.0 over the last 30 days.
Target 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TGT | CALL | TRADE | BULLISH | 02/20/26 | $2.24 | $2.03 | $2.2 | $115.00 | $319.0K | 3.8K | 2.2K |
| TGT | PUT | SWEEP | NEUTRAL | 01/15/27 | $21.85 | $21.25 | $21.85 | $120.00 | $227.2K | 1.2K | 130 |
| TGT | CALL | SWEEP | BULLISH | 01/15/27 | $30.05 | $30.05 | $30.05 | $85.00 | $198.2K | 10.1K | 74 |
| TGT | CALL | SWEEP | BULLISH | 01/21/28 | $36.5 | $35.45 | $36.5 | $80.00 | $65.7K | 546 | 18 |
| TGT | CALL | SWEEP | BULLISH | 01/16/26 | $2.86 | $2.79 | $2.86 | $109.00 | $60.5K | 2.5K | 844 |
About Target
Target’s start dates back to 1962, but now it is one of the largest discount retailers in the United States (where it derives all of its sales), operating just under 2,000 stores and generating over $106 billion in fiscal 2024 sales. The company offers a broad assortment of merchandise across categories including apparel and accessories (16% of fiscal 2024 revenue), beauty and household essentials (30%), food and beverage (23%), hardlines (15%), as well as home furnishings (16%). Target’s model is anchored in its physical store base, which fulfills more than 97% of sales. Around 30% of sales are derived from its own private-label brands.
Where Is Target Standing Right Now?
- Trading volume stands at 1,855,448, with TGT’s price up by 0.44%, positioned at $109.11.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 48 days.
What Analysts Are Saying About Target
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $81.0.
- An analyst from Wolfe Research has revised its rating downward to Underperform, adjusting the price target to $81.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
