Investors with a lot of money to spend have taken a bullish stance on Deckers Outdoor (NYSE:DECK).

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DECK, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 9 options trades for Deckers Outdoor.

This isn't normal.

The overall sentiment of these big-money traders is split between 44% bullish and 33%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $35,000, and 8, calls, for a total amount of $1,102,578.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $220.0 for Deckers Outdoor over the last 3 months.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Deckers Outdoor options trades today is 141.44 with a total volume of 253.00.

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 $100.0 to $220.0 over the last 30 days.

Deckers Outdoor Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

About Deckers Outdoor

In light of the recent options history for Deckers Outdoor, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Deckers Outdoor's Current Market Status

• Trading volume stands at 891,484, with DECK's price up by 0.8%, positioned at $203.51.
• RSI indicators show the stock to be may be overbought.
• Earnings announcement expected in 58 days.

Professional Analyst Ratings for Deckers Outdoor

Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $224.0.

Turn $1000 into $1270 in just 20 days?

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Deckers Outdoor, Benzinga Pro gives you real-time options trades alerts.