iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

OA Buy: DECK

DECK0517 Down in a strong tape. 30% short float. Good V-reverse here intra-day. Take the chart above and compare it to the sentiment cycle chart I posted earlier. Interesting phase in DECK right now. Long of June 55 Calls. DECK20517 Very thin volume pocket above. Amazing entry point here.

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15 comments

  1. elizamae

    So, referencing the sentiment cycle, would you consider this the “wall of worry”?

    I have $DECK on my volume pocket watchlist as well, but am waiting for the high 50’s for entry.

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    • Option Addict

      I think wall of worry has come and gone. I was thinking this pullback in the face of market strength was aversion.

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  2. jb

    Hi OA,

    I have been meaning to ask you…what is your average holding period? I understand that each trade is different, but what is typical for you?

    Thanks!

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    • Option Addict

      With stocks it is weeks. Options one week on average.

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  3. Option Addict

    ARE YOU GUYS SEEING RSOL??

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  4. charles c

    uh RSOL i’ll take a 90%gain today…thank you Jeff,,hat tip my man

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  5. charles c

    i’ll pump COCO again

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  6. bill

    OA,

    DECK i am doing a calendar…are you doing straight option

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  7. charles c

    lol,,gatorsun thats me..hey Jeff..you da man indeed ,thank you (keep up the good work)

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  8. charles c

    nbg fnma …the list goes on…money galore. Jeff, youre in the zone

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