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The following is a list of stocks approaching a new 52-week high. In addition, all of these stocks have a large number of put option contracts relative to call option contracts (i.e. bearish options market sentiment).

Options traders seem to be betting on a pullback in these names, what do you think? Full details below.

Options data sourced from Schaeffer's.

Interactive Chart: Press Play to compare analyst ratings for all the stocks mentioned below. (Based on Zacks analyst surveys)

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

1. American Water Works Company, Inc. (AWK): Water Utilities Industry. Market cap of $4.35B. Call open interest at 1,012 contracts vs. put open interest at 10,458 contracts (Put/Call ratio 10.33). Short float at 0.93%, which implies a short ratio of 1.51 days. The stock has gained 27.42% over the last year.

2. Micrel Inc. (MCRL): Semiconductor Industry. Market cap of $750.45M. Call open interest at 278 contracts vs. put open interest at 1,498 contracts (Put/Call ratio 5.39). Short float at 17.2%, which implies a short ratio of 11.86 days. The stock has gained 69.34% over the last year.

3. Cracker Barrel Old Country Store, Inc. (CBRL): Restaurants Industry. Market cap of $1.26B. Call open interest at 4,124 contracts vs. put open interest at 14,106 contracts (Put/Call ratio 3.42). Short float at 7.41%, which implies a short ratio of 6.09 days. The stock has gained 67.24% over the last year.

4. Eaton Corporation (ETN): Industrial Electrical Equipment Industry. Market cap of $15.85B. Call open interest at 9,632 contracts vs. put open interest at 20,504 contracts (Put/Call ratio 2.13). Short float at 1.24%, which implies a short ratio of 1.27 days. The stock has gained 50.12% over the last year.

5. Suburban Propane Partners LP (SPH): Gas Utilities Industry. Market cap of $1.97B. Call open interest at 666 contracts vs. put open interest at 1,409 contracts (Put/Call ratio 2.12). Short float at 1.05%, which implies a short ratio of 3.48 days. The stock has gained 36.9% over the last year.

6. Progress Software Corp. (PRGS): Application Software Industry. Market cap of $1.69B. Call open interest at 104 contracts vs. put open interest at 217 contracts (Put/Call ratio 2.09). Short float at 4.49%, which implies a short ratio of 7.57 days. The stock has gained 61.75% over the last year.

7. MarkWest Energy Partners LP (MWE): Oil & Gas Drilling & Exploration Industry. Market cap of $3.08B. Call open interest at 5,996 contracts vs. put open interest at 10,551 contracts (Put/Call ratio 1.76). Short float at 0.77%, which implies a short ratio of 1.94 days. The stock has gained 94.27% over the last year.

8. Vitamin Shoppe, Inc. (VSI): Specialty Retail Industry. Market cap of $852.93M. Call open interest at 153 contracts vs. put open interest at 248 contracts (Put/Call ratio 1.62). Short float at 11.96%, which implies a short ratio of 12.21 days. The stock has gained 53.26% over the last year.

Disclosure: No positions

Source: Eight Stocks Approaching New Highs on Bearish Options Sentiment