TGT
Target Corporation
stock NYSE

There have been a lot of memorable days and weeks in the market since covid but this is up there with the 2nd and 3rd week of May in 2022 in terms of option pricing and their potential payout. That span kicked off with $.17 U puts that went from $.17 to $8.00 on Tuesday then UPST, HOOD and BROS. Thursday buying sent stocks back up a bit and volatility chilled going into the next week where WMT, TGT and a few other retail had puts that went from $.05-$.20 go to $10-$45 if bought prior to WMT reporting on Tuesday.

>Eddie's decision to underinvest in retail felt ominious given what TGT pulled off, but the truth was trying to move to Omnichannel was a dead end given the Amazon threat.
Sears may not have been gaining traction in the market but they would have invested first in e-commerce and then the stores, moved to Omnichannel and lasted longer without Lampert...