Rating
3.7 / 5
Recommendation
Open trade
Credit put spread analysis · · Good setup
IV Rank
93
Implied volatility percentile
Trend
0.81
Long-term trend score
Safety
6/9
Quality checks passed
Drop
-5.4%
Day 3 of drop
Reversal
Hammer
Day 5
1Y Change
13.8%
Trailing 12 months
Earnings
Clear
No event in window
Recommended credit put spread
AI-suggested setup based on the latest screen. Expiration Jun 11, 2026.
Sell
$116.00
Short put (collects premium)
Buy
$113.00
Long put (caps risk)
- Width
- $3.00
- Estimated credit
- $1.08
- Max risk
- $1.92
- Return on risk
- 56.3%
- Expiration
- Jun 11, 2026
For entertainment purposes only. Not a recommendation to trade. Disclaimer.
Trade history on TGT
Every live credit put spread we've opened on this ticker — what was traded, when, and how it ended.
| Opened | Strikes (S/B) | Expiration | Credit | P/L | Outcome |
|---|---|---|---|---|---|
| May 13, 2026 | $116.00/$113.00 | Jun 11, 2026 | $1.08 | — | Open |
Earlier analyses
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Analyzing TGT after a -5.44% drop to $121.80. The stock is up 13.8% over two months with a strong trend score of 81%, suggesting the overall uptrend remains intact, and this drop may be a pullback. However, the Safety sc…
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Analysis of TGT: The stock is down 5.44% on the day, which creates a potential volatility crush opportunity for a credit put spread. However, the overall context is concerning. The stock is up 13.8% over two months, sugg…
AI analysis
Options Trading Expert · May 12, 2026
TGT presents a mixed but actionable setup for a moderately aggressive trader. The stock's sharp -5. 44% drop creates a potential oversold bounce opportunity, supported by the 'Hammer reversal day 5' signal, which suggests a near-term low may be in place.
However, significant headwinds temper the rating. The stock is still up 13. 8% over two months, indicating this is a pullback within an uptrend (Trend: 81%), not a structural breakdown.
The major concern is the high Implied Volatility (IV: 93%), which inflates option premiums, making the credit attractive but also reflecting elevated market fear and uncertainty about further downside. The Safety score of 6/9 is neutral. Given the moderately aggressive temperament and the desire to lean OPEN on reasonable setups, this qualifies.
The high IV allows us to sell a put closer to the money (around 5-7% OTM) for a solid credit while still defining risk. We will structure a spread with a width that maintains a strong credit-to-width ratio, ensuring we are adequately compensated for the risk taken in a volatile environment.