Close: TGT +7.7%
With expiration today and TGT ultimately in the money at the 52.50 strike I set a GTC order to close for +1.80 and got filled.
-1.67 (Opening Price) + 1.80 (Closing) / 1.67 = +.13/1.67 = +7.7%
This didn’t take off in volatility like I was planning but I think that’s because earnings is coming out after expiration. Just something to add to my rules about pre-earnings plays.
