Investors with significant funds have taken a bearish position in Target (NYSE:TGT), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in TGT usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 8 options transactions for Target. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 0% being bullish and 87% bearish. Of all the options we discovered, 7 are puts, valued at...
Login or create a forever free account to read this news
Sign up/Log in