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The following is a list of non-U.S. stocks within the commodities sector with bullish option market sentiment, i.e. a large number of open call option positions relative to put option positions.

With commodities rising and the stability of the U.S. economy being put into question on a daily basis, do these stocks present an opportunity to benefit from the growth of foreign economies and the commodities market?

Options traders seem to think so. What do you think? Full details below.

Short float data sourced from Finviz, options data sourced from Schaeffer's.

click for expanded image

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

1. Gulf Resources, Inc. (GFRE): China. Specialty Chemicals Industry. Market cap of $353.67M. Call open interest at 35,650 contracts vs. put open interest at 2,277 contracts (Put/Call ratio at 0.06). Short float at 15.55%, which implies a short ratio of 8.67 days. The stock has lost -1.35% over the last year.

2. Northern Dynasty Minerals Ltd. (NYSEMKT:NAK): Canada. Gold Industry. Market cap of $950.37M. Call open interest at 6,872 contracts vs. put open interest at 728 contracts (Put/Call ratio at 0.11). Short float at 0.63%, which implies a short ratio of 1.36 days. The stock has gained 28.1% over the last year.

3. Endeavour Silver Corp. (NYSE:EXK): Canada. Silver Industry. Market cap of $486.98M. Call open interest at 16,285 contracts vs. put open interest at 1,955 contracts (Put/Call ratio at 0.12). Short float at 1.64%, which implies a short ratio of 0.84 days. The stock has gained 103.52% over the last year.

4. Alexco Resource Corporation (NYSEMKT:AXU): Canada. Nonmetallic Mineral Mining Industry. Market cap of $433.62M. Call open interest at 1,403 contracts vs. put open interest at 173 contracts (Put/Call ratio at 0.12). Short float at 0.76%, which implies a short ratio of 0.9 days. The stock has gained 152.52% over the last year.

5. Northgate Minerals Corp. (NXG): Canada. Gold Industry. Market cap of $884.88M. Call open interest at 2,251 contracts vs. put open interest at 317 contracts (Put/Call ratio at 0.14). Short float at 3.44%, which implies a short ratio of 2.66 days. The stock has lost -4.1% over the last year.

6. Lihua International, Inc. (NASDAQ:LIWA): China. Copper Industry. Market cap of $335.63M. Call open interest at 3,045 contracts vs. put open interest at 492 contracts (Put/Call ratio at 0.16). Short float at 7.77%, which implies a short ratio of 4.69 days. The stock has gained 3.04% over the last year.

7. TransGlobe Energy Corp. (NASDAQ:TGA): Canada. Independent Oil & Gas Industry. Market cap of $1.22B. Call open interest at 4,933 contracts vs. put open interest at 817 contracts (Put/Call ratio at 0.17). Short float at 0.47%, which implies a short ratio of 0.75 days. The stock has gained 415.91% over the last year.

8. Tanzanian Royalty Exploration Corp. (TRE): Canada. Gold Industry. Market cap of $634.85M. Call open interest at 38,189 contracts vs. put open interest at 6,741 contracts (Put/Call ratio at 0.18). Short float at 4.5%, which implies a short ratio of 8.02 days. The stock has gained 88.37% over the last year.

9. Exeter Resource Corporation (NYSEMKT:XRA): Canada. Gold Industry. Market cap of $499.88M. Call open interest at 13,696 contracts vs. put open interest at 2,517 contracts (Put/Call ratio at 0.18). Short float at 0.4%, which implies a short ratio of 0.79 days. The stock has lost -7.18% over the last year.

10. Advantage Oil & Gas Ltd. (NYSE:AAV): Canada. Oil & Gas Drilling & Exploration Industry. Market cap of $1.07B. Call open interest at 4,892 contracts vs. put open interest at 934 contracts (Put/Call ratio at 0.19). Short float at 0.33%, which implies a short ratio of 1.66 days. The stock has gained 12.26% over the last year.

11. Gammon Gold, Inc. (GRS): Canada. Gold Industry. Market cap of $1.06B. Call open interest at 11,307 contracts vs. put open interest at 2,492 contracts (Put/Call ratio at 0.22). Short float at 2.68%, which implies a short ratio of 2.58 days. The stock has lost -32.24% over the last year.

12. Rubicon Minerals Corporation (NYSEMKT:RBY): Canada. Gold Industry. Market cap of $1.22B. Call open interest at 6,177 contracts vs. put open interest at 1,516 contracts (Put/Call ratio at 0.25). Short float at 0.18%, which implies a short ratio of 0.3 days. The stock has gained 35.15% over the last year.

13. North American Palladium Ltd. (NYSEMKT:PAL): Canada. Industrial Metals & Minerals Industry. Market cap of $927.15M. Call open interest at 20,718 contracts vs. put open interest at 5,170 contracts (Put/Call ratio at 0.25). Short float at 3.05%, which implies a short ratio of 1.35 days. The stock has gained 104.93% over the last year.

14. Tenaris SA (NYSE:TS): Luxembourg. Steel & Iron Industry. Market cap of $27.22B. Call open interest at 14,127 contracts vs. put open interest at 3,625 contracts (Put/Call ratio at 0.26). Short float at 3.48%, which implies a short ratio of 4.86 days. The stock has gained 17.69% over the last year.

15. Enbridge Inc. (NYSE:ENB): Canada. Oil & Gas Pipelines Industry. Market cap of $21.47B. Call open interest at 1,545 contracts vs. put open interest at 400 contracts (Put/Call ratio at 0.26). Short float at 0.18%, which implies a short ratio of 2.76 days. The stock has gained 30.84% over the last year.

16. Harry Winston Diamond Corporation (HWD): Canada. Nonmetallic Mineral Mining Industry. Market cap of $1.09B. Call open interest at 652 contracts vs. put open interest at 176 contracts (Put/Call ratio at 0.27). Short float at 0.4%, which implies a short ratio of 1.98 days. The stock has gained 50% over the last year.

17. Aurizon Mines Ltd. (AZK): Canada. Gold Industry. Market cap of $1.2B. Call open interest at 2,359 contracts vs. put open interest at 721 contracts (Put/Call ratio at 0.31). Short float at 1.63%, which implies a short ratio of 3.58 days. The stock has gained 50.91% over the last year.

18. Energy XXI Limited (NASDAQ:EXXI): Bermuda. Oil & Gas Equipment & Services Industry. Market cap of $1.8B. Call open interest at 32,636 contracts vs. put open interest at 10,518 contracts (Put/Call ratio at 0.32). Short float at 7.88%, which implies a short ratio of 4.04 days. The stock has gained 144.19% over the last year.

19. Minefinders Corp. Ltd. (MFN): Canada. Industrial Metals & Minerals Industry. Market cap of $703.01M. Call open interest at 16,969 contracts vs. put open interest at 5,504 contracts (Put/Call ratio at 0.32). Short float at 6.76%, which implies a short ratio of 5.97 days. The stock has lost -2.74% over the last year.

20. Taseko Mines Ltd. (NYSEMKT:TGB): Canada. Copper Industry. Market cap of $863.02M. Call open interest at 36,280 contracts vs. put open interest at 12,088 contracts (Put/Call ratio at 0.33). Short float at 0.64%, which implies a short ratio of 0.29 days. The stock has gained 20% over the last year.

21. Gran Tierra Energy, Inc. (NYSEMKT:GTE): Canada. Independent Oil & Gas Industry. Market cap of $2.05B. Call open interest at 7,312 contracts vs. put open interest at 2,475 contracts (Put/Call ratio at 0.34). Short float at 0.35%, which implies a short ratio of 0.87 days. The stock has gained 34.18% over the last year.

22. Pengrowth Energy Trust (NYSE:PGH): Canada. Oil & Gas Drilling & Exploration Industry. Market cap of $4.21B. Call open interest at 6,139 contracts vs. put open interest at 2,095 contracts (Put/Call ratio at 0.34). Short float at 0.48%, which implies a short ratio of 1.57 days. The stock has gained 53.26% over the last year.

23. Talisman Energy Inc. (NYSE:TLM): Canada. Independent Oil & Gas Industry. Market cap of $20.64B. Call open interest at 24,220 contracts vs. put open interest at 8,991 contracts (Put/Call ratio at 0.37). Short float at 0.45%, which implies a short ratio of 1.79 days. The stock has gained 18.71% over the last year.

24. Ternium S.A. (NYSE:TX): Luxembourg. Steel & Iron Industry. Market cap of $7.64B. Call open interest at 4,625 contracts vs. put open interest at 1,731 contracts (Put/Call ratio at 0.37). Short float at 0.23%, which implies a short ratio of 1.99 days. The stock has gained 15.48% over the last year.

25. Gold Fields Ltd. (NYSE:GFI): South Africa. Gold Industry. Market cap of $12.56B. Call open interest at 68,358 contracts vs. put open interest at 26,720 contracts (Put/Call ratio at 0.39). Short float at 0.96%, which implies a short ratio of 1.58 days. The stock has gained 27.53% over the last year.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: 25 Foreign Commodity Companies With Bullish Options Sentiment