This is not a neutral trade. She expects DECK to RISE 41%.
"One option trader Thursday bought about 10,000 January $50 “call” options, which give the trader the right to buy a million shares for $50 each by January. With the options costing a total of $1.1 million, the bet looks for Deckers shares to climb 41% to $51.10 by expiration on Jan. 19 to break even. Deckers’s shares last finished above that level Aug. 21."
I think that Deck has been very beat up of late. People don't put up 1.1 million dollars on options on a hunch. I am long and expect as the temperature drops the price will rise. This is still a very strong company and will climb back up. I think smart money sees this as a buying opportunity at these levels.