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The put/call ratio is a helpful indicator of the sentiment surrounding a stock – when it increases, there is a larger number of new puts than calls, which is a bearish signal. Decreases in put/call ratio are considered bullish.

We used the put/call ratio to search for stocks in the tech sector with bullish sentiment, seeing decreases in their put/call over the last two weeks. We then searched for those that have also seen significant net insider buying over the last six months.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

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 (SPY) index over the last month.

(Click chart for more detail)

Do you think options traders are calling it right on these names? Use this list as a starting-off point for your own analysis.

List sorted by net insider purchases as a percent of share float.

1. Scientific Games Corporation (SGMS): Multimedia & Graphics Software Industry. Market cap of $894.0M. Put/call ratio has decreased 31.08% over the last ten trading days (from 0.74 to 0.51). Net insider purchases over the last six months at 4.57M, which is 16.77% of the company's 27.22M share float. The stock has lost 3.67% over the last year.

2. Motorola Solutions, Inc. (MSI): Communication Equipment Industry. Market cap of $14.97B. Put/call ratio has decreased 42.45% over the last ten trading days (from 2.12 to 1.22). Net insider purchases over the last six months at 17.60M, which is 6.30% of the company's 279.44M share float. The stock has lost 16.29% over the last year.

3. VMware, Inc. (VMW): Technical & System Software Industry. Market cap of $44.47B. Put/call ratio has decreased 47.62% over the last ten trading days (from 1.26 to 0.66). Net insider purchases over the last six months at 1.62M, which is 2.07% of the company's 78.27M share float. The stock has had a couple of great days, gaining 5.6% over the last week.

4. AOL, Inc. (AOL): Internet Information Providers Industry. Market cap of $2.07B. Put/call ratio has decreased 45.76% over the last ten trading days (from 0.59 to 0.32). Net insider purchases over the last six months at 490.00K, which is 0.47% of the company's 105.20M share float. The stock is a short squeeze candidate, with a short float at 20.17% (equivalent to 13.86 days of average volume). The stock has lost 9.84% over the last year.

5. Iridium Communications Inc. (IRDM): Communication Equipment Industry. Market cap of $608.27M. Put/call ratio has decreased 14.0% over the last ten trading days (from 0.50 to 0.43). Net insider purchases over the last six months at 85.10K, which is 0.20% of the company's 41.59M share float. The stock is a short squeeze candidate, with a short float at 20.88% (equivalent to 18.94 days of average volume). The stock has lost 14.8% over the last year.

6. Atlantic Tele-Network, Inc. (ATNI): Telecom Services Industry. Market cap of $592.21M. Put/call ratio has decreased 47.25% over the last ten trading days (from 1.82 to 0.96). Net insider purchases over the last six months at 17.70K, which is 0.19% of the company's 9.14M share float. The stock is a short squeeze candidate, with a short float at 7.76% (equivalent to 20.84 days of average volume). The stock has lost 6.08% over the last year.

*Options data sourced from Schaeffer’s, insider data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 6 Tech Stocks Seeing Insider Buying, Bullish Options Sentiment