10:00am

Deckers Outdoor (DECK, $52.27, down $17.19) is getting whacked for 25% and the put options we recently recommended are soaring.  The May 50 puts (DECK120519P00050000, $1.40, up $1.20) are up a whopping 600% so let’s not look a gift horse in the mouth.  Ring the register at $1.40 on these puts and make sure you use limit orders to get the best fill.

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