TGT

[oldnemesis]

http://finance.yahoo.com/news/why-target-tgt-may-good-182006908.html

http://finance.yahoo.com/echarts?s=TGT+Interactive#{"range":"2y","allowChartStacking":true}

Trade:
With TGT at 72.36
Jan '17 55/52.5 bull put spread for a net credit of $30
Yield = 30/220 = 13.6% in 333 days or 14.9% annualized
Prob = 80%
Price.............. Profit / Loss.......... ROM %
39.00................ (220.00)............. -86.40%
49.00................ (220.00)............. -86.40%
52.50................ (220.00)............. -86.40%
54.70..................... 0.00.................. 0.00%
55.00.................... 30.00................ 13.60%
60.00.................... 30.00................ 13.60%
70.00.................... 30.00................ 13.60%
80.00.................... 30.00................ 13.60%
90.00.................... 30.00................ 13.60%

 

[Ryan81]

Wow, what a move today.