Mixed options sentiment in Target with shares up 1.24%

Mixed options sentiment in Target (TGT), with shares up $1.12, or 1.24%, near $91.59. Options volume relatively light with 12k contracts traded and calls leading puts for a put/call ratio of 0.79, compared to a typical level near 1.16. Implied volatility (IV30) dropped 2.04 near 29.69,in the bottom quartile of the past year, suggesting an expected daily move of $1.71. Put-call skew flattened, suggesting a modestly bullish tone.