Moderately bullish activity in Target (TGT), with shares up 63c, or 0.6%, near $106.15. Options volume relatively light with 51k contracts traded and calls leading puts for a put/call ratio of 0.93, compared to a typical level near 1.26. Implied volatility (IV30) is higher by 0.9 points near 34.57,and above the 52wk median, suggesting an expected daily move of $2.31. Put-call skew flattened, suggesting a modestly bullish tone.
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