Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
TGT options intelligence
Target Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
53
Market data through 29 Jul 2026
Checked 30 Jul 2026 03:43 · complete available chain
Call-side pressure
Bullish pressure
TGT currently carries bullish options pressure with a 53/100 conviction score. The nearest-chain expected move is 6.8%, with volume/open-interest participation at 0.13.
Expected move
6.8%
Wider near-term move priced
Activity / OI
0.13
Current volume is quieter versus prior open interest
Put-call
0.17
Call-side skew
Trend fit
27
Options are not fully confirming trend
Weekly backdrop
-2.0%
RS 17.3
Expected move
6.8%
Put-call volume
0.17
Volume / OI
0.13
Reference IV
0.55
Max pain
139.00
Underlying
136.78
Nearest expiry
31 Jul 2026
Contracts
1298
Options Intent Radar
Earnings/event positioning
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $12.6M of estimated gross traded notional, calls · 91+ days · otm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+72
1W price-2.0%
Call premium75%
Put premium25%
Notional split
C 75% / P 25%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.13
Volume divided by open interest across the visible chain.
Trend fit
27/100
Agreement between options pressure and Sharemaestro market context.
Event window
19 Aug
Matched earnings event is 20 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Calls · 91+ days · OTM
calls cluster with 2490 contracts traded, $2.2M estimated gross traded notional, and 17% of visible notional.
$2.2M
Calls · 46-90 days · OTM
calls cluster with 2475 contracts traded, $1.5M estimated gross traded notional, and 12% of visible notional.
$1.5M
Calls · 0-7 days · OTM
calls cluster with 40480 contracts traded, $1.4M estimated gross traded notional, and 11% of visible notional.
$1.4M
Calls · 22-45 days · OTM
calls cluster with 2329 contracts traded, $1.2M estimated gross traded notional, and 10% of visible notional.
$1.2M
Calls · 0-7 days · ITM
calls cluster with 191 contracts traded, $1.1M estimated gross traded notional, and 8% of visible notional.
$1.1M
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
Underlying price is close to the max-pain zone.
Activity Anomaly
High anomaly
Current options activity is unusually hot versus this ticker's stored history.
Volume rank100th
Volume/OI rank100th
IV rank100th
Market Context
Underlying confirmation
Close136.78
1W-2.0%
RS17.3
Fair value+15.6%
Options pressure72
Speculation43
Volatility66
Trend fit27
Today Versus Normal
Stored-options context
30d avg 5.6% · 1 read
100th
90d avg 5.6% · 1 read
100th
180d avg 5.6% · 1 read
100th
30d avg 0.43 · 1 read
100th
90d avg 0.43 · 1 read
100th
180d avg 0.43 · 1 read
100th
30d avg 0.71 · 1 read
0th
90d avg 0.71 · 1 read
0th
180d avg 0.71 · 1 read
0th
30d avg 0.05 · 1 read
100th
90d avg 0.05 · 1 read
100th
180d avg 0.05 · 1 read
100th
Pressure Trail
Recent pressure and volatility
29 Jul 10:07
Mixed
Pressure 18
Move 5.6%
30 Jul 02:43
Bullish
Pressure 72
Move 6.8%
Strike Map
Where activity is clustering
Strike70.00
Calls · V 32 · OI 35
Puts · V 1 · OI 0
Strike75.00
Calls · V 56 · OI 76
Puts · V 1 · OI 0
Strike80.00
Calls · V 28 · OI 32
Puts · V 0 · OI 0
Strike85.00
Calls · V 10 · OI 46
Puts · V 0 · OI 6
Strike90.00
Calls · V 6 · OI 4
Puts · V 0 · OI 1
Strike95.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike100.00
Calls · V 0 · OI 2
Puts · V 0 · OI 5
Strike105.00
Calls · V 0 · OI 1
Puts · V 0 · OI 30
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts110
Avg IV0.55
Put-call0.05
Expiry7 Aug 2026
Contracts102
Avg IV0.35
Put-call1.03
Expiry14 Aug 2026
Contracts100
Avg IV0.32
Put-call0.73
Expiry21 Aug 2026
Contracts102
Avg IV0.45
Put-call0.78
Expiry28 Aug 2026
Contracts92
Avg IV0.42
Put-call2.30
Skew
Call/put IV balance
31 Jul 2026Put IV premium
Call IV0.37
Put IV0.52
Skew0.16
7 Aug 2026Balanced skew
Call IV0.32
Put IV0.34
Skew0.02
14 Aug 2026Balanced skew
Call IV0.29
Put IV0.34
Skew0.05
21 Aug 2026Balanced skew
Call IV0.44
Put IV0.48
Skew0.04
28 Aug 2026Put IV premium
Call IV0.40
Put IV0.45
Skew0.06
Contract Tape
Most active contracts
ContractTGT260731C00150000
SideCall
Expiry31 Jul 2026
Strike150.00
Volume37650
OI721
IV0.36
ContractTGT260918C00150000
SideCall
Expiry18 Sep 2026
Strike150.00
Volume1310
OI1944
IV0.36
ContractTGT260821C00145000
SideCall
Expiry21 Aug 2026
Strike145.00
Volume1230
OI1857
IV0.42
ContractTGT260731C00147000
SideCall
Expiry31 Jul 2026
Strike147.00
Volume683
OI487
IV0.40
ContractTGT260731P00141000
SidePut
Expiry31 Jul 2026
Strike141.00
Volume589
OI1085
IV0.41
ContractTGT260731P00146000
SidePut
Expiry31 Jul 2026
Strike146.00
Volume513
OI37
IV0.35
ContractTGT270115P00130000
SidePut
Expiry15 Jan 2027
Strike130.00
Volume507
OI1681
IV0.39
ContractTGT260821P00143000
SidePut
Expiry21 Aug 2026
Strike143.00
Volume501
OI60
IV0.48
Research Graph
Related research and context
Sharemaestro research
Related News
Market Watch
No recent market-watch posts yet.
Earnings
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.