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 15, 2028
Days to expiration: 796
Share price: $153.64
Put/call ratio (OI): 1.41
Put/call ratio (volume): 1.35
ATM implied volatility: 34.8%
Expected move: ±$79.00
Open interest (C / P): 2.62K / 3.70K

TGT options summary

The TGT options chain for the December 15, 2028 expiration lists 34 call and 28 put contracts, with 796 days until expiration. Open interest stands at 2,623 calls and 3,697 puts, a put/call ratio of 1.41, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $155.00 strike is 34.8%, which implies the market expects a move of about ±$79.00 (51.4%) in Target stock by expiration.

The most open interest sits at the $190.00 call (559 contracts) and the $190.00 put (500 contracts).

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

TGT options chain · December 15, 2028

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	48.2%	105.05	91.65	96.50	60.00	1.33	2.04	0.93	44.3%	4	48
5	1	43.3%	95.13	88.50	91.20	65.00	1.69	2.47	2.27	43.0%	3	50
17	1	69.2%	78.84	94.55	97.70	70.00	0.00	0.00	3.66	12.5%	1	0
0	—	—	87.50	0.00	0.00	75.00	2.86	3.30	3.39	39.8%	3	9
2	2	—	60.25	58.00	62.00	80.00	3.25	4.15	4.00	39.5%	1	6
0	5	—	83.96	0.00	0.00	85.00	4.00	4.85	4.70	38.5%	1	120
77	8	42.3%	71.33	68.50	71.40	90.00	4.90	5.55	5.80	37.3%	5	473
2	1	57.8%	55.10	74.50	78.00	95.00	5.85	6.50	6.42	36.5%	3	2
15	1	41.6%	73.50	61.50	64.25	100.00	6.85	7.50	7.65	35.7%	1	43
7	6	41.5%	58.95	58.10	61.05	105.00	8.05	8.80	8.66	35.3%	1	27
12	1	41.4%	55.00	54.85	57.90	110.00	9.30	9.90	9.66	34.3%	1	50
4	4	40.6%	55.81	51.75	54.45	115.00	10.65	11.45	11.32	34.0%	15	263
26	12	40.3%	50.05	48.90	51.50	120.00	12.20	13.45	13.55	34.0%	1	74
46	5	40.2%	52.35	46.15	48.70	125.00	13.80	16.05	15.17	34.7%	5	134
432	3	39.6%	43.85	43.75	45.75	130.00	15.80	17.30	15.53	33.4%	14	242
24	3	39.8%	41.70	40.50	43.50	135.00	17.75	18.90	17.48	32.4%	12	30
21	2	39.4%	39.60	38.60	40.85	140.00	19.90	20.95	20.92	31.8%	1	37
83	2	39.2%	37.15	36.50	38.50	145.00	22.15	23.40	23.55	31.6%	83	128
165	2	39.1%	37.62	34.05	36.35	150.00	24.45	25.85	25.00	31.2%	60	356
TGT $153.64
53	2	38.9%	32.90	31.80	34.25	155.00	27.05	28.35	26.39	30.7%	10	63
57	2	38.8%	30.65	29.15	32.25	160.00	29.10	31.55	30.60	30.9%	25	302
14	2	38.5%	28.75	27.50	30.30	165.00	32.40	34.10	33.67	30.2%	117	275
26	7	38.5%	28.38	26.55	28.60	170.00	35.45	37.60	31.90	30.4%	11	11
43	3	38.4%	25.50	24.10	26.95	175.00	38.50	40.15	35.32	29.4%	1	1
181	1	38.6%	24.00	22.10	25.70	180.00	41.55	43.30	37.68	29.0%	5	5
33	5	38.0%	21.79	21.75	23.70	185.00	0.00	0.00	44.14	—	1	0
559	196	37.7%	22.55	20.35	22.15	190.00	47.00	51.00	48.70	29.3%	193	500
452	500	37.6%	19.86	19.05	20.80	195.00	50.50	54.45	53.59	28.9%	500	448
130	4	37.5%	23.80	17.50	19.55	200.00	—	—	—	—	—	—
105	1	37.4%	19.00	15.70	17.30	210.00	—	—	—	—	—	—
13	1	37.1%	15.24	13.80	15.20	220.00	—	—	—	—	—	—
11	11	37.0%	18.56	12.00	13.45	230.00	—	—	—	—	—	—
5	1	37.2%	14.00	10.70	12.15	240.00	—	—	—	—	—	—
3	1	36.9%	10.50	9.35	10.65	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 December 15, 2028 expiration, the TGT put/call ratio based on open interest is 1.41 (3,697 puts vs 2,623 calls), and 1.35 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 15, 2028 is about 34.8%, 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.