TGT Target Play for Pullback to 180 testTGT
Target pretty much top of channel that extends back further than shown here
Might be decent opportunity to seek a pullback test 180 previous high...
Had quite the move recently
Options Call open interest all around 185s Jan & Feb
Though its not really a heavily traded options name
Also it's not a super liquid name in general so is prone to decent gappy moves +/-
Earnings in March
Looking to play the 180 Puts in some sort of spread most likely...Maybe the 185s depending on how it open today, hopefully it doesn't gap down before I get the chance to open the position
I'm assuming stimulus check hope is priced in after GA elections and that could be one of the drivers of this recent surge higher