7 Stocks Approaching 52-Week Highs on Unusual Options Activity

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 |  Includes: CHU, DRC, HIW, KBR, SPY, TII, VGR, XLP
by: Kapitall

The following is a list of stocks in an uptrend that are seeing unusual options volume during yesterday's session. All of these stocks are close to their 52-week highs.

The list has been sorted by distance from 52-week high. We've also discussed options volume, and short float. All options data sourced from OptioNetics. Full analysis below.

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1. Vector Group Ltd. (NYSE:VGR): Cigarettes Industry. Market cap of $1.36B. The stock is -0.88% below its 52-week high. Current options volume at 1,462 contracts, vs. avg. option volume of 36 contracts. Short float at 11.66%, which implies a short ratio of 18.38 days.

2. KBR, Inc. (NYSE:KBR): Technical Services Industry. Market cap of $3.60B. The stock is -3.23% below its 52-week high. Current options volume at 2,318 contracts, vs. avg. option volume of 323 contracts. Short float at 1.57%, which implies a short ratio of 1.42 days.

3. Consumer Staples Select Sector SPDR (NYSEARCA:XLP): ETF. Market cap of $2.92B. The fund is -3.35% below its 52-week high. Current options volume at 47.11K contracts, vs. avg. option volume of 7,332 contracts. Short float at 14.37%, which implies a short ratio of 1.93 days.

4. Dresser-Rand Group Inc. (NYSE:DRC): Diversified Machinery Industry. Market cap of $3.04B. The stock is -5.41% below its 52-week high. Current options volume at 2,305 contracts, vs. avg. option volume of 433 contracts. Short float at 2.27%, which implies a short ratio of 1.84 days.

5. Telmex Internacional, S.A.B. de C.V. (TII): Diversified Communication Services Industry. Market cap of $16.65B. The stock is -7.72% below its 52-week high. Current options volume at 650 contracts, vs. avg. option volume of 11 contracts. Short float at 1.21%, which implies a short ratio of 3.23 days.

6. Highwoods Properties Inc. (NYSE:HIW): REIT. Market cap of $2.20B. The stock is -7.83% below its 52-week high. Current options volume at 338 contracts, vs. avg. option volume of 56 contracts. Short float at 6.58%, which implies a short ratio of 3.94 days.

7. China Unicom (Hong Kong) Limited (NYSE:CHU): Wireless Communications Industry. Market cap of $32.09B. The stock is -9.76% below its 52-week high. Current options volume at 2,092 contracts, vs. avg. option volume of 254 contracts. Short float at 1.01%, which implies a short ratio of 2.26 days.

Disclosure: No positions