DECK Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: DECK benefits from strong brand demand and positive sentiment. Upcoming earnings may surprise positively, supported by increased call option volume.




Bearish Case: Market volatility and competition pressure DECK margins. High implied volatility suggests traders anticipate potential downside risks shortly.




Potential Outcomes: DECK price climbs driven by brand demand (50%), stabilizes on market uncertainties (30%), or declines due to competitive pressures (20%).




Trading Oracle: Initiate a bullish call debit spread, buying near-the-money calls and selling higher strike calls for February 2025. This exploits backwardation in implied volatility and defines risk, capitalizing on potential price increases.



January 26, 2025


Deckers Outdoor Forecast

DECK        Deckers Outdoor











Correlated Assets

Assets that tend to move strongly with DECK



ANET Forecast + Options Trading Strategies   ANET  Arista Networks (0.93)


SCHB Forecast + Options Trading Strategies   SCHB  Schwab Strategic Trust - Schwab U.S. Broad Market (0.89)


SONY Forecast + Options Trading Strategies   SONY  Sony Group Corporation (0.83)


BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (0.8)


INFA Forecast + Options Trading Strategies   INFA  Informatica (0.79)



Uncorrelated Assets

Assets with little price relationship to DECK



VOYA Forecast + Options Trading Strategies   VOYA  Voya Financial (-0.0)


VNDA Forecast + Options Trading Strategies   VNDA  Vanda Pharmaceuticals (0.0)


CRNT Forecast + Options Trading Strategies   CRNT  Ceragon Networks (-0.0)


PRU Forecast + Options Trading Strategies   PRU  Prudential Financial (-0.0)


SKYT Forecast + Options Trading Strategies   SKYT  SkyWater Technology (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against DECK



FE Forecast + Options Trading Strategies   FE  Firstenergy (-0.74)


ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (-0.76)


SO Forecast + Options Trading Strategies   SO  Southern (-0.78)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.84)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.84)









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