This is a follow up to our previous article on Put / Call ratios. Here is a list of stocks and ETFs with very high Put / Call ratios, signaling excessive pessimism. All data sourced from Schaeffers, based on open option contracts.
Perhaps this would be an interesting list for contrarians to look at.
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- Poniard Pharmaceuticals (NASDAQ:PARD): 18,728 put options, divided by 969 call options, implying a Put / Call ratio of 19.33
- World Acceptance Corp. (NASDAQ:WRLD): 11,232 put options, divided by 1,409 call options, implying a Put / Call ratio of 7.97
- iShares MSCI Taiwan Index (NYSEARCA:EWT): 120,017 put options, divided by 19,622 call options, implying a Put / Call ratio of 6.12
- Gerdau Ameristeel Corporation (GNA): 22,649 put options, divided by 3,730 call options, implying a Put / Call ratio of 6.07
- Royal Caribbean Cruises Ltd. (NYSE:RCL): 16,9806 put options, divided by 30,858 call options, implying a Put / Call ratio of 5.5
- CNinsure Inc. (CISG): 13,209 put options, divided by 3,158 call options, implying a Put / Call ratio of 4.18
- iShares MSCI South Korea Index Fund (NYSEARCA:EWY): 24,957 put options, divided by 6,035 call options, implying a Put / Call ratio of 4.14
- Pitney Bowes Inc. (NYSE:PBI): 21,610 put options, divided by 5,963 call options, implying a Put / Call ratio of 3.62
- Harman International Industries Inc. (NYSE:HAR): 11,038 put options, divided by 3,097 call options, implying a Put / Call ratio of 3.56
- Frontier Communications Corp (NYSE:FTR): 61,507 put options, divided by 17,746 call options, implying a Put / Call ratio of 3.47
- Gerdau SA (NYSE:GGB): 31,917 put options, divided by 9,218 call options, implying a Put / Call ratio of 3.46
- AstraZeneca plc (NYSE:AZN): 41,107 put options, divided by 12,211 call options, implying a Put / Call ratio of 3.37
- Consumer Staples Select Sect. SPDR (NYSEARCA:XLP): 139,049 put options, divided by 43,369 call options, implying a Put / Call ratio of 3.21
- Digital Realty Trust, Inc. (NYSE:DLR): 11,479 put options, divided by 3,583 call options, implying a Put / Call ratio of 3.2
- Kinetic Concepts, Inc. (NYSE:KCI): 10,237 put options, divided by 3,198 call options, implying a Put / Call ratio of 3.2
- Acorda Therapeutics Inc. (NASDAQ:ACOR): 24,465 put options, divided by 7,667 call options, implying a Put / Call ratio of 3.19
- The Cheesecake Factory Incorporated (NASDAQ:CAKE): 24,818 put options, divided by 7,928 call options, implying a Put / Call ratio of 3.13
- Tanzanian Royalty Exploration Corp. (TRE): 24,244 put options, divided by 7,907 call options, implying a Put / Call ratio of 3.07
- Legg Mason, Inc. (NYSE:LM): 54,826 put options, divided by 18,433 call options, implying a Put / Call ratio of 2.97
- Health Care SPDR (NYSEARCA:XLV): 227,096 put options, divided by 80,885 call options, implying a Put / Call ratio of 2.81
- Aruba Networks, Inc. (NASDAQ:ARUN): 39,167 put options, divided by 14,499 call options, implying a Put / Call ratio of 2.7
- Kinder Morgan Energy Partners LP (NYSE:KMP): 19,394 put options, divided by 7,206 call options, implying a Put / Call ratio of 2.69
- Penn National Gaming, Inc. (NASDAQ:PENN): 8,425 put options, divided by 3,174 call options, implying a Put / Call ratio of 2.65
- Becton, Dickinson and Co. (NYSE:BDX): 16,804 put options, divided by 6,411 call options, implying a Put / Call ratio of 2.62
Disclosure: No positions