by Ian Cooper | Feb 12, 2015 | Uncategorized
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...
by Ian Cooper | Feb 10, 2015 | Uncategorized
DECK is up another $2.36 on the day to $75.10. The move has added some good upside to our newly bought DECK March 75 and April 75 calls. While I’m still looking for a bearish gap refill, I’m recommending that you sell to close half of these trades today to secure...
by Ian Cooper | Feb 9, 2015 | Uncategorized
In late January 2015, I recommended exiting half of the SLV April 18 put for gains. Today, believing SLV could reverse higher I’m recommending that you exit the second half, while holding the long-dated SLV January 2016 18 call. Hold all other positions. Over the last...
by Ian Cooper | Feb 9, 2015 | Uncategorized
Let’s protect some DECK gains. Sell to close the DECK June 2015 67.50 calls, as well as the April 70 calls for gains. I just want to protect current gains. Be sure to hold the DECK April 75 calls and March 75 calls, though, as well as the underlying stock. DECK is...
by Ian Cooper | Feb 5, 2015 | Uncategorized
Our DECK trades are working out very well… and we see no reason to exit any more of the trades at the moment. What I want to do now, though, is open new call options, as MACD, RSI and MFI remain at oversold levels. I still think DECK could move to refill its gap at...
by Ian Cooper | Feb 4, 2015 | Uncategorized
If you’re good with the latest gains on the KBH March 12 and April 12 calls, consider protecting gains by exiting half of each position. I’d like to see KBH refill its bearish gap at $16.50 before closing the second half. I may hate homebuilder stocks, but the...
by Ian Cooper | Feb 3, 2015 | Uncategorized
Shortly after issuing trades on the DECK stock, the June 67.50 calls, and the April 70 calls, news hit that Goldman Sachs upgraded the name, arguing for 30% upside. We were in long before the news hit. Today, the underlying stock is up another $2.15 on the day,...
by Ian Cooper | Feb 2, 2015 | Uncategorized
I’m sure you’ve watched as the Dow sank 500 points. It hasn’t been pretty. What’s a bit worrisome is this. If the Dow fails to hold that 200-day moving average, we could potentially fall to test 16,000. Let’s hope that doesn’t happen. Because of such wild...
by Ian Cooper | Feb 2, 2015 | Uncategorized
My eTrade information didn’t update correctly. In the last alert, we mentioned buying the DECK June 2015 67.50 call up to $2.30. I was quoted a price of less than that originally. When it corrected, I had a bid-ask of well over $6. If you still bought at the...
by Ian Cooper | Feb 2, 2015 | Uncategorized
IMPORTANT: Make sure you read this post as there was an error with this price quote. In December 2012, Deckers Outdoor (DECK) warned on sales. The stock fell from about $50 to $35 before recovering to $66 highs. In 2014, the stock fell from $90 to $75 on sales again...
