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The following is a list of stocks in rally mode. To create the list, we started with a universe of stocks with the following characteristics:

  • Market cap > $300M
  • Trading 10% or higher above 20-day moving average
  • Trading 20% or higher above 50-day moving average
  • Trading 30% or higher above 200-day moving average

We then narrowed down the list by only focusing on stocks with bullish options market sentiment, i.e. a large number of open call option positions relative to put option positions.

Options traders seem to think these stocks have more upside. What do you think? Full analysis below.

click for expanded image

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

1. Pacific Sunwear of California Inc. (NASDAQ:PSUN): Apparel Stores Industry. Market cap of $384.35M. The stock is trading 19.25% above its 20-day MA, 32.5% above its 50-day MA, and 35.02% above its 200-day MA. Call open interest at 3,656 contracts vs. put open interest at 259 contracts (Put/Call ratio at 0.07).

2. Alumina Ltd. (AWC): Synthetics Industry. Market cap of $4.76B. The stock is trading 11.41% above its 20-day MA, 21.45% above its 50-day MA, and 32.84% above its 200-day MA. Call open interest at 342 contracts vs. put open interest at 26 contracts (Put/Call ratio at 0.08).

3. Harvest Natural Resources Inc. (NYSE:HNR): Independent Oil & Gas Industry. Market cap of $390.65M. The stock is trading 28.22% above its 20-day MA, 44.06% above its 50-day MA, and 61.87% above its 200-day MA. Call open interest at 15,189 contracts vs. put open interest at 1,155 contracts (Put/Call ratio at 0.08).

4. Titan International Inc. (NYSE:TWI): Auto Parts Industry. Market cap of $549.34M. The stock is trading 15.29% above its 20-day MA, 28.32% above its 50-day MA, and 47.14% above its 200-day MA. Call open interest at 2,562 contracts vs. put open interest at 240 contracts (Put/Call ratio at 0.09).

5. TransGlobe Energy Corp. (NASDAQ:TGA): Independent Oil & Gas Industry. Market cap of $654.58M. The stock is trading 10.42% above its 20-day MA, 22.35% above its 50-day MA, and 55.96% above its 200-day MA. Call open interest at 2,770 contracts vs. put open interest at 385 contracts (Put/Call ratio at 0.14).

6. Acacia Research Corporation (NASDAQ:ACTG): Research Services Industry. Market cap of $742.44M. The stock is trading 16.47% above its 20-day MA, 31.71% above its 50-day MA, and 63.11% above its 200-day MA. Call open interest at 1,390 contracts vs. put open interest at 222 contracts (Put/Call ratio at 0.16).

7. RPC Inc. (NYSE:RES): Oil & Gas Equipment & Services Industry. Market cap of $2.22B. The stock is trading 10.58% above its 20-day MA, 22.08% above its 50-day MA, and 60.64% above its 200-day MA. Call open interest at 4,613 contracts vs. put open interest at 919 contracts (Put/Call ratio at 0.2).

8. Atmel Corporation (NASDAQ:ATML): Semiconductor Industry. Market cap of $3.82B. The stock is trading 10.28% above its 20-day MA, 28.06% above its 50-day MA, and 54.08% above its 200-day MA. Call open interest at 27,956 contracts vs. put open interest at 5,875 contracts (Put/Call ratio at 0.21).

9. Nxstage Medical, Inc. (NASDAQ:NXTM): Medical Appliances & Equipment Industry. Market cap of $1.002B. The stock is trading 11.13% above its 20-day MA, 20.16% above its 50-day MA, and 59.21% above its 200-day MA. Call open interest at 1,049 contracts vs. put open interest at 246 contracts (Put/Call ratio at 0.23).

10. Taseko Mines Ltd. (NYSEMKT:TGB): Copper Industry. Market cap of $1.15B. The stock is trading 23.64% above its 20-day MA, 35.93% above its 50-day MA, and 31.82% above its 200-day MA. Call open interest at 42,098 contracts vs. put open interest at 11,035 contracts (Put/Call ratio at 0.26).

11. McMoRan Exploration Co. (NYSE:MMR): Independent Oil & Gas Industry. Market cap of $1.78B. The stock is trading 16.72% above its 20-day MA, 36.57% above its 50-day MA, and 41.68% above its 200-day MA. Call open interest at 138,765 contracts vs. put open interest at 42,998 contracts (Put/Call ratio at 0.31).

12. Limelight Networks, Inc. (NASDAQ:LLNW): Business Services Industry. Market cap of $574.42M. The stock is trading 18.63% above its 20-day MA, 36.59% above its 50-day MA, and 49.42% above its 200-day MA. Call open interest at 9,899 contracts vs. put open interest at 3,168 contracts (Put/Call ratio at 0.32).

13. China Southern Airlines Co. Ltd. (NYSE:ZNH): Major Airlines Industry. Market cap of $4.9B. The stock is trading 10.09% above its 20-day MA, 20.39% above its 50-day MA, and 42.% above its 200-day MA. Call open interest at 145 contracts vs. put open interest at 47 contracts (Put/Call ratio at 0.32).

14. Sotheby's (NYSE:BID): Specialty Retail, Other Industry. Market cap of $2642.2M. The stock is trading 12.26% above its 20-day MA, 24.89% above its 50-day MA, and 33.75% above its 200-day MA. Call open interest at 14,463 contracts vs. put open interest at 5,473 contracts (Put/Call ratio at 0.38).

15. SIRIUS XM Radio Inc. (NASDAQ:SIRI): Radio Industry. Market cap of $5.02B. The stock is trading 10.12% above its 20-day MA, 20.75% above its 50-day MA, and 33.76% above its 200-day MA. Call open interest at 64,002 contracts vs. put open interest at 24,272 contracts (Put/Call ratio at 0.38).

16. Melco Crown Entertainment Ltd. (NASDAQ:MPEL): Resorts & Casinos Industry. Market cap of $2.97B. The stock is trading 12.53% above its 20-day MA, 26.49% above its 50-day MA, and 33.27% above its 200-day MA. Call open interest at 16,612 contracts vs. put open interest at 6,334 contracts (Put/Call ratio at 0.38).

17. Gulfport Energy Corp. (NASDAQ:GPOR): Independent Oil & Gas Industry. Market cap of $675.68M. The stock is trading 24.86% above its 20-day MA, 27.83% above its 50-day MA, and 31.67% above its 200-day MA. Call open interest at 984 contracts vs. put open interest at 446 contracts (Put/Call ratio at 0.45).

18. VirnetX Holding Corp (NYSEMKT:VHC): Internet Software & Services Industry. Market cap of $715.55M. The stock is trading 12.13% above its 20-day MA, 58.19% above its 50-day MA, and 142.33% above its 200-day MA. Call open interest at 28,612 contracts vs. put open interest at 13,251 contracts (Put/Call ratio at 0.46).

19. Greenbrier Companies (NYSE:GBX): Railroads Industry. Market cap of $345.98M. The stock is trading 14.75% above its 20-day MA, 28.72% above its 50-day MA, and 35.15% above its 200-day MA. Call open interest at 1,317 contracts vs. put open interest at 613 contracts (Put/Call ratio at 0.47).

20. Exact Sciences Corporation (NASDAQ:EXAS): Biotechnology Industry. Market cap of $333.52M. The stock is trading 19.27% above its 20-day MA, 49.71% above its 50-day MA, and 80.49% above its 200-day MA. Call open interest at 26,588 contracts vs. put open interest at 12,425 contracts (Put/Call ratio at 0.47).

Disclosure: No positions

Source: 20 Rally Stocks With Bullish Options Sentiment