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: Jan 15, 2027
Days to expiration: 96
Share price: $153.64
Put/call ratio (OI): 0.72
Put/call ratio (volume): 0.73
ATM implied volatility: 35.9%
Expected move: ±$28.31
Open interest (C / P): 74.12K / 53.60K

TGT options summary

The TGT options chain for the January 15, 2027 expiration lists 36 call and 36 put contracts, with 96 days until expiration. Open interest stands at 74,116 calls and 53,604 puts, a put/call ratio of 0.72, which is fairly balanced between calls and puts. At-the-money implied volatility near the $155.00 strike is 35.9%, which implies the market expects a move of about ±$28.31 (18.4%) in Target stock by expiration.

The most open interest sits at the $80.00 call (10.35K contracts) and the $95.00 put (7.34K contracts).

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

TGT options chain · January 15, 2027

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	146	—	76.93	87.55	91.30	45.00	0.00	0.02	0.02	78.1%	1	190
0	8	—	110.01	0.00	0.00	50.00	0.00	0.05	0.02	77.3%	2	2,040
0	2	—	104.98	0.00	0.00	55.00	0.00	0.00	0.05	50.0%	6	0
153	1	108.7%	92.85	93.30	96.00	60.00	0.01	0.05	0.05	66.4%	2	834
0	1,320	—	87.45	0.00	0.00	65.00	0.00	0.26	0.08	72.3%	1	561
0	1	—	83.00	0.00	0.00	70.00	0.01	0.07	0.04	57.8%	2	1,371
0	1	—	79.50	0.00	0.00	75.00	0.03	0.08	0.05	55.1%	10	1,435
10,346	1	81.8%	74.17	73.60	76.10	80.00	0.01	0.31	0.08	57.6%	3	6,975
9,529	5	70.4%	67.31	67.95	71.10	85.00	0.01	0.16	0.15	52.7%	950	5,183
1,311	20	60.4%	69.10	63.00	65.55	90.00	0.05	0.30	0.12	52.9%	12	3,459
1,997	1	55.9%	65.05	58.05	60.60	95.00	0.10	0.36	0.19	49.7%	34	7,341
5,027	1	52.3%	59.25	53.15	55.70	100.00	0.20	0.54	0.24	48.5%	35	3,529
1,018	1	55.7%	48.83	48.85	50.20	105.00	0.28	0.48	0.49	42.8%	9	1,865
1,581	2	56.9%	44.90	44.15	46.05	110.00	0.40	0.66	0.64	40.9%	5	3,558
980	2	46.2%	40.00	39.55	40.35	115.00	0.62	0.85	0.71	38.6%	130	1,857
1,542	1	47.5%	33.63	34.85	36.35	120.00	1.03	1.25	1.27	37.5%	7	3,914
5,455	1	42.2%	30.90	30.65	31.40	125.00	1.42	1.85	1.81	36.8%	7	2,030
3,590	7	45.7%	27.70	26.25	28.30	130.00	2.21	2.59	2.29	35.8%	36	1,958
1,012	4	43.0%	23.80	22.35	24.15	135.00	3.35	3.65	3.38	35.2%	35	940
5,263	1	41.0%	18.70	18.80	20.35	140.00	4.70	5.00	4.72	34.6%	21	1,225
1,120	12	40.5%	15.59	15.55	17.20	145.00	6.40	6.85	6.60	34.6%	25	728
3,814	66	38.6%	14.70	12.65	13.95	150.00	8.50	8.85	8.75	33.9%	212	698
TGT $153.64
2,176	5	38.1%	11.35	9.95	11.40	155.00	10.95	11.40	10.75	33.8%	3	1,128
2,900	2	35.9%	8.65	7.85	8.65	160.00	13.80	14.50	15.58	34.3%	1	354
1,089	7	35.5%	6.25	6.20	6.80	165.00	16.20	17.60	17.20	33.6%	1	256
2,536	7	35.3%	5.25	4.80	5.30	170.00	19.65	21.50	21.57	34.7%	1	63
645	5	35.7%	4.00	3.70	4.25	175.00	23.30	25.10	23.05	33.7%	10	70
2,173	11	34.6%	2.95	2.86	3.05	180.00	0.00	0.00	36.75	—	5	0
866	6	36.0%	2.28	1.86	2.60	185.00	31.60	34.10	29.25	36.7%	1	9
558	4	35.1%	1.70	1.53	1.82	190.00	36.05	38.55	33.78	37.1%	10	10
320	2	36.1%	1.15	1.07	1.53	195.00	40.70	43.10	38.00	37.5%	—	10
1,232	1	36.3%	0.97	0.66	1.18	200.00	45.40	47.85	48.75	38.6%	1	13
2,799	2	37.2%	0.58	0.41	0.74	210.00	76.95	79.95	64.38	122.6%	—	0
1,334	6	38.4%	0.33	0.23	0.50	220.00	0.00	0.00	61.00	—	3	0
1,747	499	39.8%	0.48	0.12	0.36	230.00	0.00	0.00	72.85	—	1	0
3	1	41.4%	0.17	0.01	0.27	240.00	85.10	87.70	77.15	55.1%	—	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 January 15, 2027 expiration, the TGT put/call ratio based on open interest is 0.72 (53,604 puts vs 74,116 calls), and 0.73 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 January 15, 2027 is about 35.9%, 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.