Closing my position on $TGT 20250905 105.0 PUT$ bought prior to $Target(TGT)$ earning's results.
The earnings release met the already lowered targets, however Target announced that longtime veteran and current Chief Operating Officer Michael Fiddelke will succeed CEO Brian Cornell on Feb. 1. Cornell will then transition to the role of executive chair of Targets board of directors. This added uneaseness and loss of confidence in investors.

Modified in.08-22
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