Mixed options sentiment in Target with shares up 0.89%

Mixed options sentiment in Target (TGT), with shares up 80c, or 0.89%, near $91.58. Options volume relatively light with 25k contracts traded and calls leading puts for a put/call ratio of 0.65, compared to a typical level near 1.15. Implied volatility (IV30) dropped 0.53 near 29.55,and below the 52wk median, suggesting an expected daily move of $1.70. Put-call skew flattened, suggesting a modestly bullish tone.