Mixed options sentiment in Target (TGT), with shares up 44c, or 0.46%, near $95.46. Options volume roughly in line with average with 104k contracts traded and puts leading calls for a put/call ratio of 2.04, compared to a typical level near 2.07. Implied volatility (IV30) dropped 0.93 near 33.73,and above the 52wk median, suggesting an expected daily move of $2.03. Put-call skew steepened, indicating increased demand for downside protection.
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