Volatility as an asset class
Target (TGT) is recently up 25c to $77.21 after posting better than expected adjusted earnings per share and reported comparable sales increased 3.8% in its Q4. March call option implied volatility is at 24, April is at 17, July is at 19; compared to its 26-week average of 20.
TJX (TJX) is recently is recently up $2.51 to $69.65 after reaffirming 10%-13% long-term annual EPS growth model. March, April and July call option implied volatility of 17 compares to its 26-week[...]