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 $82 when our indicators correct higher.
We can make money by trading this two ways.
One, consider buying to open the April 2015 75 call up to $4… and, or the March 2015 75 call up to $3.
I believe both should do just as well as our currently held DECK trades.
Hold all other trades.
Ian L. Cooper
Forgotten Profits