Wednesday, August 7, 2013

Into TRGT Aug 17 '13 $5 Puts @ $0.20...


Very small position for potentially big upside...

Reported yesterday with a loss that is line with analyst expectations, but tragically different from last year's picture, when it had a positive EPS of $0.43...

Trading off its 52WH and a 5% decline would put my puts in the money...

If any of the open interest comprised of put sellers, they would have to get out at a higher price...



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