Call Volume Heats Up on Deckers (DECK)
Shares of Deckers Outdoor Corp. (NASDAQ: DECK) are higher on the session by 4.32%, currently trading $144.95. The stock has been a relative outperformer as of late and has managed to hold the 50-day moving average as well, which is a bullish sign.
Deckers announced a three-for-one stock split this morning and was also upgraded to Overweight by Thomas Weisel.
Call volume is heating up in the name today with the front month options volume exploding. Call volume is now running at 2.35x the daily average, though only 55% of all calls traded have been purchases on the offer, which signals mixed sentiment on the name.
Deckers Outdoor Corporation is engaged in designing, producing, marketing and brand managing of footwear and accessories.
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