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Looking for possible rebound ideas?

To help you get started, we identified a list of stocks that have seen a significant increase in the number of open call options relative to put options (a bullish development, indicating that options traders seem to think the upside is more likely than the downside).

Options market sentiment will be described by the open interest Put/Call ratio. All of the stocks mentioned below have seen a decline in the Put/Call ratio over the last two weeks (i.e. rising number of call options relative to put options)

In addition, all of the stocks mentioned below have seen a significant amount of insider buying during the current quarter.

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.

Insider executives and options traders seem to think these stocks are due for some gains--do you agree? Leave your comments below.

List sorted by market cap.

1. Deer Consumer Products, Inc. (OTC:DEER): Engages in the design, manufacture, and sale of small home and kitchen electronic appliances. Open interest Put/Call ratio changed from 2.23 to 0.87 between Sep-23 and Oct-06. Over the last six months, insiders were net buyers of 350,000 shares, which represents about 1.78% of the company's 19.67M share float.

2. Central European Media Enterprises Ltd. (NASDAQ:CETV): Operates as a vertically integrated media company operating broadcast, content, and new media businesses in central and eastern European countries. Open interest Put/Call ratio changed from 0.42 to 0.23 between Sep-23 and Oct-06. Over the last six months, insiders were net buyers of 433,358 shares, which represents about 1.59% of the company's 27.21M share float.

3. Genomic Health Inc. (NASDAQ:GHDX): Focuses on the development and global commercialization of genomic-based clinical laboratory services that analyze the underlying biology of cancer allowing physicians and patients to make individualized treatment decisions. Open interest Put/Call ratio changed from 0.34 to 0.2 between Sep-23 and Oct-06. Over the last six months, insiders were net buyers of 554,745 shares, which represents about 2.07% of the company's 26.77M share float.

4. Central Pacific Financial Corp. (NYSE:CPF): Operates as the bank holding company for Central Pacific Bank that provides commercial banking services to businesses, professionals, and individuals in Hawaii. Open interest Put/Call ratio changed from 0.11 to 0.07 between Sep-23 and Oct-06. Over the last six months, insiders were net buyers of 515,500 shares, which represents about 2.33% of the company's 22.14M share float.

*Options data sourced from Schaeffer's Research, insider trading data sourced from Yahoo Finance.

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

Source: Top 4 Stocks Backed By Insider Buying, Bullish Options