You all are way too nervous for me. Just hold the damn shares of DECK and wait till after the ER
to sell. This approach will leave you happy campers. How the hell cares what it does prior to the ER?
At whatever price it is, it will only serve as a platform for a big move up. $95+
Having been to several ugg stores, I have no nervousness. Just been selling covered calls on shares since December and thus far have brought in over $10/share in income and only had the shares taken once ($85 strike has been key), which I then rebought lower. I sold the 100s for this week as even though I know this will beat hard, I think we see about 96-98 at week's end and then a move higher into March. And if it goes above 100, I won't be crying ;-)
Been trading this for several year's, so I know the pattern and movement pre/post ER - this Q will on the low side see 4.50, high side 5.50 IMO, but will be nowhere near 3.80.