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The following is a list of companies that have recently raised earnings guidance for the coming quarters. In addition, all of these stocks have bullish options sentiment, i.e. a large number of open call option interest relative to put option interest.

Options traders seem to think that there is more good news to be priced into these stocks. What do you think?

Earnings guidance data sourced from Briefing.com, options data sourced from Schaeffer's.

1. Entropic Comms (ENTR): The company recently guided Q3 earnings to range between $0.16-0.18 vs. an estimate of $0.13. Call option open interest at 8,886 contracts vs. put open interest at 28 contracts (Put/Call ratio at 0.003).

2. Esterline Techs (ESL): The company recently guided FY10 earnings to range between $3.85-3.95 vs. an estimate of $3.61. Call option open interest at 182 contracts vs. put open interest at 20 contracts (Put/Call ratio at 0.11).

3. Molina Healthcare (MOH): The company recently guided FY10 earnings at $1.70 vs. an estimate of $1.65. Call option open interest at 4,911 contracts vs. put open interest at 754 contracts (Put/Call ratio at 0.15).

4. ArcSight (ARST): The company recently guided Q2 earnings to range between $0.19-0.20 vs. an estimate of $0.17. Call option open interest at 44,304 contracts vs. put open interest at 12,005 contracts (Put/Call ratio at 0.27).

5. Eastman Chemical (EMN): The company recently guided Q3 earnings to range between $2.00-2.10 vs. an estimate of $1.75, and guided FY10 earnings to approach $7.00 vs. an estimate of $6.46. Call option open interest at 11,248 contracts vs. put open interest at 4,169 contracts (Put/Call ratio at 0.37).

6. Cooper Industries (CBE): The company recently guided Q3 earnings to range between $0.82-0.85 vs. an estimate of $0.80. Call option open interest at 2,302 contracts vs. put open interest at 970 contracts (Put/Call ratio at 0.42).

7. Monro Muffler (MNRO): The company recently guided Q2 earnings to range between $0.60-0.62 vs. an estimate of $0.61. Call option open interest at 531 contracts vs. put open interest at 237 contracts (Put/Call ratio at 0.45).

8. Take-Two (TTWO): The company recently guided Q4 earnings to range between $0.20-0.30 vs. an estimate of -$0.12. Call option open interest at 13,230 contracts vs. put open interest at 6,563 contracts (Put/Call ratio at 0.50).

9. G-III Apparel (GIII): The company recently guided FY11 earnings to range between $2.60-2.70 vs. an estimate of $2.33. Call option open interest at 397 contracts vs. put open interest at 205 contracts (Put/Call ratio at 0.52).

10. Talbots (TLB): The company recently guided FY11 earnings to range between $0.84-0.92 vs. an estimate of $0.83. Call option open interest at 26,239 contracts vs. put open interest at 14,447 contracts (Put/Call ratio at 0.55).

11. Skyworks (SWKS): The company recently guided Q4 earnings at $0.40 vs. an estimate of $0.37. Call option open interest at 71,316 contracts vs. put open interest at 41,331 contracts (Put/Call ratio at 0.58).

12. Pall Corp (PLL): The company recently guided FY11 earnings to range between $2.35-2.55 vs. an estimate of $2.31. Call option open interest at 2,976 contracts vs. put open interest at 1,769 contracts (Put/Call ratio at 0.59).

13. Oracle (ORCL): The company recently guided Q2 earnings to range between $0.45-0.47 vs. an estimate of $0.45. Call option open interest at 195,109 contracts vs. put open interest at 137,449 contracts (Put/Call ratio at 0.70).

14. Emerson (EMR): The company recently guided FY10 earnings to range between $2.70-2.85 vs. an estimate of $2.69. Call option open interest at 22,684 contracts vs. put open interest at 16,692 contracts (Put/Call ratio at 0.74).

Disclosure: No positions

Source: 14 Companies With Bullish Options Sentiment Raising Guidance