Target (TGT) Options Chain

NYSE: TGTConsumer DiscretionaryDepartment/Specialty Retail StoresUSD

153.64-1.12 (-0.72%)

At close: Oct 9, 4:03 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $153.64
Put/call ratio (OI): 0.98
Put/call ratio (volume): 1.36
ATM implied volatility: 37.0%
Expected move: ±$24.51
Open interest (C / P): 39.01K / 38.19K

TGT options summary

The TGT options chain for the December 18, 2026 expiration lists 36 call and 35 put contracts, with 68 days until expiration. Open interest stands at 39,010 calls and 38,191 puts, a put/call ratio of 0.98, which is fairly balanced between calls and puts. At-the-money implied volatility near the $155.00 strike is 37.0%, which implies the market expects a move of about ±$24.51 (16.0%) in Target stock by expiration.

The most open interest sits at the $120.00 call (8.93K contracts) and the $60.00 put (4.83K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

TGT options chain · December 18, 2026

TGT calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
0	76	—	76.93	87.95	91.30	45.00	0.00	0.00	0.05	50.0%	5	0
2	2	132.7%	105.17	102.80	105.40	50.00	0.00	0.02	0.01	85.2%	1	1,597
0	5	—	97.07	0.00	0.00	55.00	0.00	0.39	0.05	107.4%	2	1,550
0	1	—	102.60	0.00	0.00	60.00	0.00	0.44	0.03	100.6%	5	4,830
0	20	—	87.25	0.00	0.00	65.00	0.00	0.31	0.06	88.3%	3	1,057
6	3	98.1%	83.34	82.90	85.45	70.00	0.00	1.00	0.01	97.0%	3	1,292
13	2	98.2%	88.75	77.90	81.05	75.00	0.01	0.10	0.06	65.6%	1	1,150
0	1	—	73.38	0.00	0.00	80.00	0.00	0.75	0.08	78.2%	4	606
0	20	—	75.30	0.00	0.00	85.00	0.00	0.26	0.10	61.1%	2	1,828
3,053	20	76.1%	62.62	63.45	65.50	90.00	0.01	0.16	0.07	52.7%	4	1,197
408	27	70.4%	62.75	58.45	60.60	95.00	0.03	0.15	0.10	51.8%	30	1,061
1,706	1	66.4%	50.00	53.70	55.65	100.00	0.05	0.19	0.17	48.4%	30	3,755
1,811	10	59.8%	48.51	48.60	50.70	105.00	0.18	0.26	0.26	45.9%	2	1,888
1,610	4	55.0%	43.70	43.75	45.75	110.00	0.25	0.42	0.44	44.6%	18	1,210
698	1	52.0%	41.01	38.90	41.15	115.00	0.40	0.59	0.52	42.5%	3	1,415
8,931	1	54.5%	35.00	34.10	36.05	120.00	0.68	0.84	0.81	40.5%	5	2,468
683	2	52.3%	28.29	29.55	31.70	125.00	1.01	1.23	1.25	38.9%	2	1,237
1,775	1	49.1%	26.21	25.15	27.30	130.00	1.78	2.11	1.91	39.7%	12	725
428	2	46.7%	21.81	21.05	23.20	135.00	2.68	2.97	2.66	38.4%	13	1,205
1,387	34	41.4%	18.15	17.55	18.65	140.00	3.90	4.15	4.20	37.4%	8	1,068
1,006	4	41.4%	13.24	14.15	15.50	145.00	5.55	5.90	5.45	37.4%	15	1,063
1,243	37	38.2%	10.00	11.30	11.90	150.00	7.60	7.90	7.65	36.8%	155	883
TGT $153.64
1,134	105	37.4%	9.45	8.35	9.25	155.00	9.95	10.40	9.80	36.6%	17	4,156
2,069	39	36.7%	7.05	6.75	7.05	160.00	12.15	13.45	13.20	36.9%	7	264
598	5	36.6%	5.15	4.65	5.35	165.00	15.40	16.75	15.95	36.8%	4	227
593	12	36.5%	4.17	3.55	4.00	170.00	19.05	20.45	19.40	36.9%	16	231
518	6	36.2%	3.00	2.49	2.90	175.00	22.55	24.50	21.00	37.4%	241	193
854	1	37.4%	2.00	1.70	2.32	180.00	26.90	28.80	25.50	38.1%	2	23
2,935	1	37.2%	1.48	1.35	1.65	185.00	96.75	97.85	79.96	296.5%	2	0
1,855	1	38.3%	1.32	0.73	1.32	190.00	35.70	38.20	32.00	42.0%	2	10
299	1	38.6%	0.80	0.60	0.99	195.00	88.60	92.05	65.25	236.3%	2	0
551	2	37.6%	0.51	0.46	0.62	200.00	45.25	47.70	38.25	44.8%	1	2
2,030	4	40.6%	0.29	0.19	0.47	210.00	55.05	58.30	46.45	55.6%	2	0
284	2	42.5%	0.17	0.03	0.32	220.00	113.65	116.85	90.60	256.3%	—	0
239	4	44.1%	0.13	0.01	0.22	230.00	—	—	—	—	—	—
291	1	46.3%	0.08	0.01	0.17	240.00	114.20	118.05	115.15	197.4%	2	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the TGT put/call ratio?

For the December 18, 2026 expiration, the TGT put/call ratio based on open interest is 0.98 (38,191 puts vs 39,010 calls), and 1.36 based on today's volume. A ratio above 1 means more puts than calls.

What is TGT's implied volatility?

At-the-money implied volatility for TGT options expiring December 18, 2026 is about 37.0%, an annualized estimate of how much the market expects Target stock to move.

How many TGT option expiration dates are there?

TGT has 16 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.