Deckers Outdoor Stock Looks Like a Solid Bearish Play

Group 1 - Deckers Outdoor (NYSE:DECK) stock reached a two-year low in early November after a 15.2% decline following its earnings report on October 24 [1] - The stock has rebounded to its pre-earnings close but is facing resistance at the 200-day moving average and is considered "overbought" with a 14-day Relative Strength Index (RSI) of 72.3 [1] - Short positions have decreased by nearly half from August to October, yet the stock has not shown significant upward movement, indicating technical weakness [2] Group 2 - Short interest is increasing again, suggesting that there may be more activity in shorting rallies [2] - A recommended put option has a leverage ratio of 3.8, which would double with a 22.4% drop in the underlying equity [2]