ArturoL

Pick one or two

Short
ArturoL Updated   
NYSE:TGT   Target Corporation
These stocks are clearly in a downtrend and testing the downtrend line resistance. I have puts of TGT that I bought on Friday. If you want to trade one of these I recommend to open a limit order at a better price than it closed on Friday for the puts and pick a strike price close to the current price. You can also buy puts with different strike prices to balance out you risk. My TGT puts expire on 11/10 and strike 113. I may buy more but depends how the week goes. Always think on your risk reward, If price opens with a gap down just move to another trade.
Comment:
Sold all my TGT puts. I'd buy if it hits the trendline:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.