DECK (Deckers Outdoor Corporation) up 4.61% today

On a day when the market was mixed, DECK (Deckers Outdoor Corporation) rose 4.61% on double its average trading volume. Of course I could be arrogant and think folks bum rushed the stock based on my rosy analysis last night. It is also quite possible, that some hedge fund managers watched Al Rokers frigid north east forecast, and decided it was time for folks to buy the boots, so they bought the stock.

Either way, DECK was a money maker for those who played it today. We brought the $90 calls up as a great risk vs reward entry @ .60, and they closed at $1.10.

DECK still looks to have some room to run, and the $90 area should be hit in short order.

DECK

Much more to come on DECK...

 

Profile photo of jimmybobJimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

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