I've increased the import size of my charts, so hopefully this will be easier to see. Anyhow, what a wild ride yesterday with Deckers (DECK) and so many other stocks yesterday. What you are looking at is a weekly 5-minute chart on DECK. Because of the huge volatility yesterday, I closed out of my Jun $145 put position at $6.10 to lock in a nice gain.
There is a cool options calculator over at the CBOE to check on fair value and implied volatility, which helps me get in/out of options. Plugging in the latest numbers on DECK, I left some money on the table, but I'm okay with that. I'm off to look for some other opportunities, so good luck to all.
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