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: Sep 17, 2027
Days to expiration: 341
Share price: $153.64
Put/call ratio (OI): 1.70
Put/call ratio (volume): 2.02
ATM implied volatility: 36.5%
Expected move: ±$54.16
Open interest (C / P): 3.31K / 5.64K

TGT options summary

The TGT options chain for the September 17, 2027 expiration lists 35 call and 28 put contracts, with 341 days until expiration. Open interest stands at 3,308 calls and 5,638 puts, a put/call ratio of 1.70, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $155.00 strike is 36.5%, which implies the market expects a move of about ±$54.16 (35.3%) in Target stock by expiration.

The most open interest sits at the $145.00 call (591 contracts) and the $90.00 put (885 contracts).

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

TGT options chain · September 17, 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	2	—	67.85	0.00	0.00	45.00	0.01	1.04	0.20	65.8%	1	124
—	—	—	—	—	—	50.00	0.00	0.50	0.39	53.9%	8	84
—	—	—	—	—	—	55.00	0.01	0.59	0.44	51.0%	2	90
0	165	—	91.80	0.00	0.00	60.00	0.01	0.64	0.62	53.1%	3	349
0	5	—	86.34	0.00	0.00	65.00	0.09	1.16	0.68	55.0%	2	192
5	2	58.9%	88.35	82.00	85.85	70.00	0.26	0.91	0.88	48.3%	3	223
0	4	—	87.22	0.00	0.00	75.00	0.43	0.93	0.95	44.8%	2	51
12	2	107.2%	53.00	89.50	92.20	80.00	0.86	1.09	0.95	42.6%	42	83
0	15	—	46.50	0.00	0.00	85.00	0.93	1.37	1.26	41.3%	19	106
0	1	—	62.38	0.00	0.00	90.00	1.47	1.77	1.63	40.3%	636	885
45	6	48.9%	66.90	60.45	63.20	95.00	1.68	2.23	2.22	39.3%	4	49
65	12	72.7%	53.26	66.00	69.30	100.00	2.42	2.90	2.68	38.8%	2	93
34	1	46.1%	54.98	52.10	54.75	105.00	2.90	3.65	3.35	38.2%	2	745
132	7	44.1%	48.95	48.00	50.45	110.00	3.80	4.55	4.35	37.6%	2	331
46	4	43.0%	50.01	44.10	46.50	115.00	4.70	5.85	5.65	37.7%	1	476
66	2	42.4%	44.85	40.35	42.90	120.00	6.00	6.80	6.25	36.5%	6	227
201	1	41.6%	39.45	37.40	39.35	125.00	7.25	8.05	7.50	35.7%	4	534
71	1	41.8%	40.10	34.10	36.45	130.00	8.80	9.55	9.40	35.1%	1	159
137	1	40.4%	29.66	30.90	32.90	135.00	10.30	11.60	11.50	35.3%	1	66
83	5	40.4%	27.22	27.45	30.20	140.00	12.35	13.55	13.20	34.8%	4	98
591	1	40.0%	30.93	25.15	27.50	145.00	14.35	16.15	15.70	35.2%	1	207
119	1	39.3%	23.33	22.05	24.80	150.00	16.55	18.00	17.00	33.9%	1	272
TGT $153.64
406	4	39.1%	21.18	20.20	22.50	155.00	19.20	20.75	17.45	33.8%	31	65
55	4	37.7%	19.26	17.65	19.65	160.00	21.70	23.40	23.20	33.3%	11	80
104	4	38.3%	20.75	15.95	18.20	165.00	—	—	—	—	—	—
442	2	37.9%	15.05	14.00	16.25	170.00	27.70	29.45	22.95	32.5%	3	3
101	1	37.6%	16.95	12.75	14.55	175.00	30.90	33.40	30.00	33.3%	4	46
79	4	37.4%	12.00	11.65	13.00	180.00	—	—	—	—	—	—
92	9	37.1%	11.30	10.50	11.55	185.00	—	—	—	—	—	—
18	4	37.0%	15.45	8.95	10.35	190.00	0.00	0.00	44.35	—	19	0
66	1	36.8%	11.20	8.20	9.20	195.00	0.00	0.00	47.80	—	—	0
37	24	36.7%	8.00	7.05	8.20	200.00	—	—	—	—	—	—
20	1	36.5%	6.00	5.70	6.50	210.00	—	—	—	—	—	—
201	100	36.6%	6.00	4.60	5.25	220.00	—	—	—	—	—	—
2	—	36.8%	7.18	3.30	4.25	230.00	—	—	—	—	—	—
13	4	36.9%	5.92	2.84	3.45	240.00	—	—	—	—	—	—
65	3	37.0%	2.45	2.07	2.79	250.00	—	—	—	—	—	—

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 September 17, 2027 expiration, the TGT put/call ratio based on open interest is 1.70 (5,638 puts vs 3,308 calls), and 2.02 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 September 17, 2027 is about 36.5%, 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.