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Deckers Outdoor Corp. Message Board

  • axpkocop axpkocop Feb 26, 2014 12:05 PM Flag

    Predict Friday's Opening & Closing Price

    Open at 87 and close at 86. Current price 83.76

    I sold put options today in my IRA that expire Friday and if I'm right about the closing price will prove to be very lucrative.

    If I'm wrong and the stock drops 10% or less, I should be able to recoup my losses through selling call options against my position next week. If it drops over 10% it could take some time to get even.

    In my opinion earnings should be very good but investors could still sell on the news thus the very high put option premiums currently being offered.

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