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The following is a list of rebounding stocks, i.e. have had bullish MACD crossovers over the last two days (based on the MACD (12,26,9) indicator). In addition, all of these stocks have bullish options sentiment, i.e. large call option open interest relative to put option open interest.

For each stock, we'll discuss options positioning and short float trends. MACD signals sourced from Stockcharts.com, options data sourced from Schaeffer's, and short float data sourced from Finviz.



The list has been sorted by the Put/Call ratio.

1. Mentor Graphics Corp. (NASDAQ:MENT):
Technical & System Software Industry. Market cap of $1,023B. Call open interest at 2,967 contracts, vs. put open interest at 155 contracts (Put/Call ratio of 0.05). Short float at 4.62%, which implies a short ratio of 4.79 days. The stock has gained 13.37% over the last year.

2. Parametric Technology Corporation (PMTC):
Technical & System Software Industry. Market cap of $2,068B. Call open interest at 2,224 contracts, vs. put open interest at 159 contracts (Put/Call ratio of 0.07). Short float at 4.68%, which implies a short ratio of 4.45 days. The stock has gained 39.21% over the last year.

3. Brinks Co. (NYSE:BCO): Security & Protection Services Industry. Market cap of $958M. Call open interest at 4,215 contracts, vs. put open interest at 503 contracts (Put/Call ratio of 0.12). Short float at 4.11%, which implies a short ratio of 3.09 days. The stock has lost -18.02% over the last year.

4. Shuffle Master Inc. (NASDAQ:SHFL):
Diversified Machinery Industry. Market cap of $461M. Call open interest at 6,709 contracts, vs. put open interest at 845 contracts (Put/Call ratio of 0.13). Short float at 4.55%, which implies a short ratio of 8.75 days. The stock has gained 19.42% over the last year.

5. Brown & Brown Inc. (NYSE:BRO):
Insurance Brokers Industry. Market cap of $2,825B. Call open interest at 510 contracts, vs. put open interest at 66 contracts (Put/Call ratio of 0.13). Short float at 4.7%, which implies a short ratio of 7.2 days. The stock has gained 4.97% over the last year.

6. Stewart Enterprises Inc. (NASDAQ:STEI):
Personal Services Industry. Market cap of $465M. Call open interest at 395 contracts, vs. put open interest at 70 contracts (Put/Call ratio of 0.18). Short float at 15.32%, which implies a short ratio of 30.03 days. The stock has lost -2.16% over the last year.

7. HSN, Inc. (NASDAQ:HSNI): Catalog & Mail Order Houses Industry. Market cap of $1,650B. Call open interest at 20,310 contracts, vs. put open interest at 3,846 contracts (Put/Call ratio of 0.19). Short float at 12.33%, which implies a short ratio of 8.54 days. The stock has gained 173.66% over the last year.

8. JetBlue Airways Corporation (NASDAQ:JBLU): Regional Airlines Industry. Market cap of $1,762B. Call open interest at 18,574 contracts, vs. put open interest at 3,638 contracts (Put/Call ratio of 0.2). Short float at 17.2%, which implies a short ratio of 8.23 days. The stock has gained 4.35% over the last year.

9. FirstMerit Corporation (NASDAQ:FMER):
Regional Bank. Market cap of $1,942B. Call open interest at 308 contracts, vs. put open interest at 71 contracts (Put/Call ratio of 0.23). Short float at 6.41%, which implies a short ratio of 7.71 days. The stock has gained 7.01% over the last year.

10. Cepheid (NASDAQ:CPHD): Scientific & Technical Instruments Industry. Market cap of $1,032B. Call open interest at 2,152 contracts, vs. put open interest at 564 contracts (Put/Call ratio of 0.26). Short float at 14.38%, which implies a short ratio of 20.46 days. The stock has gained 46.11% over the last year.

11. Incyte Corporation (NASDAQ:INCY): Biotechnology Industry. Market cap of $1,617B. Call open interest at 11,205 contracts, vs. put open interest at 3,015 contracts (Put/Call ratio of 0.27). Short float at 13.55%, which implies a short ratio of 10.31 days. The stock has gained 102.6% over the last year.

12. Albemarle Corp. (NYSE:ALB): Synthetics Industry. Market cap of $3,870B. Call open interest at 4,781 contracts, vs. put open interest at 1,445 contracts (Put/Call ratio of 0.3). Short float at 2.88%, which implies a short ratio of 2.84 days. The stock has gained 36.92% over the last year.

13. Cephalon Inc. (NASDAQ:CEPH): Drug Manufacturer. Market cap of $4,509B. Call open interest at 21,248 contracts, vs. put open interest at 6,573 contracts (Put/Call ratio of 0.31). Short float at 14.05%, which implies a short ratio of 6.72 days. The stock has gained 6.98% over the last year.

14. Alcatel-Lucent (NYSE:ALU): Communication Equipment Industry. Market cap of $6,192B. Call open interest at 22,053 contracts, vs. put open interest at 6,893 contracts (Put/Call ratio of 0.31). Short float at 1.21%, which implies a short ratio of 2.61 days. The stock has lost -18.45% over the last year.

15. Brady Corp. (NYSE:BRC): Business Services Industry. Market cap of $1,381B. Call open interest at 286 contracts, vs. put open interest at 94 contracts (Put/Call ratio of 0.33). Short float at 4.64%, which implies a short ratio of 10.49 days. The stock has lost -9.34% over the last year.

Disclosure: No positions

Source: 15 Rebounding Stocks With Bullish Options Sentiment