Mixed options sentiment in Target (TGT), with shares down $2.49 near $98.28. Options volume relatively light with 32k contracts traded and calls leading puts for a put/call ratio of 0.79, compared to a typical level near 1.86. Implied volatility (IV30) dropped 0.01 near 31.77,and above the 52wk median, suggesting an expected daily move of $1.97. Put-call skew flattened, suggesting a modestly bullish tone.
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