Trading a TGT straddle lets you take a pure volatility position on Target Corp without committing to a direction. Target Corp's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate TGT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on TGT profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when Target Corp stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the TGT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. The company sells its products through its stores; and digital channels, including Target.com. As of March 09, 2022, the company operated approximately 2,000 stores.
Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the TGT straddle is the cleanest expression of that view. Our scanner prices every TGT straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a TGT straddle into a catalyst or short a TGT straddle to harvest decay, the options straddle setups that matter are all in one place.
