By Dan Darrow
September 22, 2022
Intraday Update: TGT
The TGT Oct21 $157.50 - $150 put spread was opened late in the afternoon, and the timing was perfect as the stock sank quickly into the close along with the overall market. With today's weak open, the put spread is now into the money and up sharply, so the plan will be to lock in some money and roll down to a lower debit Oct21 $155 - $150 put spread. The next target is <154.
Trader Author Portfolio Holdings
**As of the date and time of publication