Target (TGT) Offering Possible 75.44% Return Over the Next 10 Calendar Days

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Target’s most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $257.50 short call and a strike $262.50 long call offers a potential 75.44% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $257.50 by expiration. The full premium credit of $2.15 would be kept by the premium seller. The risk of $2.85 would be incurred if the stock rose above the $262.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Target is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Target is bearish.

The RSI indicator is at 51.12 level which suggests that the stock is neither overbought nor oversold at this time.

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Former Obama-era economy advisor Betsey Stevenson says people have to be treated better if companies are to solve the country’s labor crisis.

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The buy now, pay later (BNPL) market is red-hot, and related stocks are reaping the benefits or doubling down. Affirm Holdings (NASDAQ:AFRM) exploded from $50 to over $160 since May. Paidy was just acquired by PayPal (NASDAQ:PYPL) for $2.7 billion. Afterpay was acquired by Square (NYSE:SQ) in a $29 billion deal. Even Amazon (NASDAQ:AMZN), Target (NYSE:TGT) and American Airlines (NASDAQ:AAL) have jumped on the BNPL bandwagon. However, this may just be the start of a far bigger boom.InvestorPlace

WWD CEO Summit: Target Emphasizes Culture as Key to Success
Fri, 05 Nov 2021 04:35:11 +0000
Chief growth officer Christina Hennington talks about the retailer’s continued growth during the WWD Apparel & Retail CEO Summit.

WWD Honors the Innovators and Businesses Reshaping Fashion and Beauty
Fri, 05 Nov 2021 04:01:10 +0000
Miuccia Prada, co-CEO and co-creative director of Prada Group, was awarded the John B. Fairchild Honor.

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