In other good news, Target stock went from $83.50 on April 19 (when it announced its stupid toilet policy) to $73.33 in trading earlier today (5/17/16)!
$10 drop in less than a month!
Let’s go JC Penney on ‘em!
Buy put to open
04/27/2016 TGT 07152016 P 82.5 5.00 qty @ 2.70 Executed
Now worth: 8.3 x 9.75 (about $9 taking the midpoint)
They report tomorrow, before the bell.