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4 Heavily Shorted Stocks With Unusual Options Volume
by: Kapitall September 27, 2010 | about: CMTL / EDU / ONTY / PWR / SPY


The following is a list of stocks that saw unusually high options volume on Friday, September 24. In addition, all of these stocks have very high short ratios.

Do options traders feel that a short squeeze is a possibility in some of these names? Full analysis below.

Options data sourced from OptioNetics, short float data sourced from Finviz.

click for expanded image



1. Oncothyreon Inc (ONTY): Biotechnology Industry. Market cap of $85M. Friday's option volume at 6,064 contracts vs. average option contract volume of 288. Short float at 6.30%, which implies a short ratio of 22.73 days.

2. Quanta Services, Inc. (PWR): General Contractors Industry. Market cap of $3,979B. Friday's option volume at 5,794 contracts vs. average option contract volume of 564. Short float at 4.42%, which implies a short ratio of 4.1 days.

3. Comtech Telecommunications Corp. (CMTL): Communication Equipment Industry. Market cap of $750M. Friday's option volume at 1,784 contracts vs. average option contract volume of 630. Short float at 7.72%, which implies a short ratio of 3.92 days.

4. New Oriental Education & Technology Group (EDU): Education & Training Services Industry. Market cap of $3,792B. Friday's option volume at 1,592 contracts vs. average option contract volume of 1,079. Short float at 3.60%, which implies a short ratio of 5.34 days.

Disclosure: No positions