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Like going against the crowd? If so, this may be an interesting staring point for your own analysis.

To construct this list we looked for stocks that have had negative returns over the current quarter. We then analyzed the options contracts for these names and focused on those securities that experienced a significant increase of put contracts relative to call contracts over the last two weeks.

We also created a price-weighted index of the stocks mentioned below and monitored the performance of the list relative to the S&P 500 (NYSEARCA:SPY) index over the last month. To access a complete analysis of this list's recent performance, click here.

Given this information, is it the time for you to take the other side of these transactions?

Lender Processing Services, Inc. (NYSE:LPS): Business Services Industry. Market cap of $2.28B. Performance for the quarter -20.7%. The Put/Call ratio increased by 49.68%, from 1.57 to 2.35. Might be undervalued at current levels, with a PEG ratio at 0.92, and P/FCF ratio at 7.28. The stock is a short squeeze candidate, with a short float at 6.1% (equivalent to 5.4 days of average volume).

Monster Worldwide, Inc. (NYSE:MWW): Advertising Agencies Industry. Market cap of $1.96B. Performance for the quarter -15.9%. The Put/Call ratio increased by 33.8%, from 0.71 to 0.95. This is a risky stock that is significantly more volatile than the overall market (beta = 2.1).

American Superconductor Corporation (NASDAQ:AMSC): Diversified Electronics Industry. Market cap of $524.24M. Performance for the quarter -62.22%. The Put/Call ratio increased by 26.42%, from 0.53 to 0.67. The stock is a short squeeze candidate, with a short float at 27.27% (equivalent to 5.67 days of average volume).

China Yuchai International Limited (NYSE:CYD): Diversified Machinery Industry. Market cap of $783.79M. Performance for the quarter -21.5%. The Put/Call ratio increased by 23.91%, from 0.46 to 0.57. This is a risky stock that is significantly more volatile than the overall market (beta = 2.42). It's been a rough couple of days for the stock, losing 15.2% over the last week.

Steel Dynamics Inc. (NASDAQ:STLD): Steel & Iron Industry. Market cap of $3.68B. Performance for the quarter -16.16%. The Put/Call ratio increased by 23.81%, from 0.21 to 0.26. The stock has gained 22.8% over the last year.

Gap Inc. (NYSE:GPS): Apparel Stores Industry. Market cap of $11.20B. Performance for the quarter -16.18%. The Put/Call ratio increased by 23.61%, from 0.72 to 0.89. The stock is currently stuck in a downtrend, trading -16.08% below its SMA20, -14.35% below its SMA50, and -5.77% below its SMA200. It's been a rough couple of days for the stock, losing 16.62% over the last week.

KLA-Tencor Corporation (NASDAQ:KLAC): Semiconductor Equipment & Materials Industry. Market cap of $6.92B. Performance for the quarter -16.95%. The Put/Call ratio increased by 20.97%, from 0.62 to 0.75. It's been a rough couple of days for the stock, losing 7.27% over the last week.

Yingli Green Energy Holding Co. Ltd. (NYSE:YGE): Semiconductor Industry. Market cap of $1.41B. Performance for the quarter -32.16%. The Put/Call ratio increased by 19.01%, from 1.21 to 1.44. This is a risky stock that is significantly more volatile than the overall market (beta = 3.04). It's been a rough couple of days for the stock, losing 15.1% over the last week.

Southern Copper Corp. (NYSE:SCCO): Copper Industry. Market cap of $29.79B. Performance for the quarter -16.53%. The Put/Call ratio increased by 12.09%, from 0.91 to 1.02. The stock has gained 32.21% over the last year.

Hecla Mining Co. (NYSE:HL): Silver Industry. Market cap of $2.24B. Performance for the quarter -24.1%. The Put/Call ratio increased by 10.26%, from 0.39 to 0.43. This is a risky stock that is significantly more volatile than the overall market (beta = 2.12). The stock has performed poorly over the last month, losing 12.91%.

*Data sourced Schaeffers’ and Finviz

Source: 10 Highly Liquid and Underperforming Stocks With Bearish Momentum