Sold TGT Aug 15 2025 $90 Put (53 DTE)
First position for Target (TGT)
On June 23, we opened a new position on Target (TGT) by selling the Aug 15, 2025 $90 put for $2.75.
That’s 53 days to expiration — plenty of time for this setup to play out.
Here’s the full setup:
Entry
Sold TGT Aug 15 2025 $90 Put (53 DTE)
TGT250815P00090000
Opened: June 23, 2025
Entry Price: $2.75
Exit Target: $0.75 (To Close)
Underlying: $96.01
Buffer: 6.26%
Breakeven: $87.25
Max Risk: $9,000.00
Return: 2.22%
Prob. of Win: ~70%
Profit Target: $200.00
Why We Like It
TGT isn’t your typical retailer. It’s a survivor.
While others were gutted by Amazon or tripped over themselves online, Target adapted — and strengthened. Same-store sales have leveled off, but the business is leaner, margins have stabilized, and the balance sheet is solid. After collapsing from its $268 high in 2021 to under $100 today, the stock is now compressing — a setup that often precedes sustained accumulation.
We’re not chasing a rebound here. We’re positioning before it happens — selling puts to get paid while we wait and buying shares.