DECK is up another $1.26.
The move has only accelerated our gains on the DECK March 75 and April 75 calls. But with time decay ticking higher, I’m recommending that you sell to close these two calls for very easy, quick gains.
Congratulations on such fast gains.
At the same time, though, I want to buy to open even more DECK calls with a longer time frame because the stock is still – unbelievably – oversold. Once you close the two calls mentioned above, buy to open the following trades.
Buy to open the DECK June 2015 80 call up to $5.50…
Buy to open the DECK June 2015 77.50 call up to $6.50…
Prepare for another round of good gains. Just don’t risk the house.
Ian L. Cooper
Forgotten Profits