Financial giants have made a conspicuous bullish move on Deckers Outdoor. Our analysis of options history for Deckers Outdoor DECK revealed 8 unusual trades.
Delving into the details, we found 37% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $310,040, and 4 were calls, valued at $494,700.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $980.0 to $1040.0 for Deckers Outdoor over the last 3 months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Deckers Outdoor options trades today is 96.75 with a total volume of 125.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Deckers Outdoor's big money trades within a strike price range of $980.0 to $1040.0 over the last 30 days.
Deckers Outdoor Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DECK | CALL | SWEEP | BULLISH | 12/20/24 | $95.0 | $92.0 | $95.0 | $1030.00 | $209.0K | 31 | 0 |
| DECK | CALL | SWEEP | NEUTRAL | 07/19/24 | $21.0 | $17.6 | $19.0 | $1000.00 | $155.8K | 167 | 10 |
| DECK | CALL | SWEEP | BULLISH | 12/20/24 | $96.0 | $94.0 | $96.0 | $1030.00 | $96.0K | 31 | 22 |
| DECK | PUT | TRADE | BEARISH | 07/19/24 | $56.0 | $53.6 | $56.0 | $1040.00 | $95.2K | 127 | 3 |
| DECK | PUT | TRADE | BULLISH | 07/19/24 | $77.9 | $73.0 | $74.84 | $1040.00 | $74.8K | 127 | 40 |
About Deckers Outdoor
Deckers Outdoor Corp designs and sells casual and performance footwear, apparel, and accessories. Primary brands include UGG, Teva, and Sanuk. The company distributes Majority of its products through its wholesale business, but it also has a substantial direct-to-consumer business with its company-owned retail stores and websites. Majority of its sales are in the United States, although the company also has retail stores and distributors throughout Europe, Asia, Canada, and Latin America. It has structured their reporting around six segments which inlcudes the wholesale operations of specific brands like UGG, HOKA, Teva, Sanuk, and Other brands, alongside a segment focused on direct-to-consumer (DTC) operations.
Where Is Deckers Outdoor Standing Right Now?
- Currently trading with a volume of 196,611, the DECK's price is down by -3.03%, now at $969.62.
- RSI readings suggest the stock is currently may be oversold.
- Anticipated earnings release is in 27 days.
What The Experts Say On Deckers Outdoor
In the last month, 1 experts released ratings on this stock with an average target price of $1200.0.
- Consistent in their evaluation, an analyst from BTIG keeps a Buy rating on Deckers Outdoor with a target price of $1200.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Deckers Outdoor options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
