20 Chinese Stocks With Bearish Options Momentum
To construct this list we looked for stocks with the following characteristics:
- Market cap above $300M
- High exposure to the Chinese market
- Significant increase of the Put/Call ratio over the last two weeks (i.e. increasingly bearish options market sentiment)
Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six 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 index over the last month. To access a complete analysis of this list's recent performance, click here.
Options traders think these stocks are due for a pullback…do you?
1. Bona Film Group Limited (BONA): Entertainment Industry. Market cap of $302.31M. Over the last two weeks, the Put/Call ratio increased by 3680.0% - from 0.15 to 5.67. The stock has performed poorly over the last month, losing 10.43%.
2. RDA Microelectronics, Inc. (RDA): Semiconductor Equipment & Materials Industry. Market cap of $500.60M. Over the last two weeks, the Put/Call ratio increased by 1031.25% - from 0.16 to 1.81. The stock has had a couple of great days, gaining 17.55% over the last week.
3. Isoftstone Holdings Limited (ISS): Information Technology Services Industry. Market cap of $794.91M. Over the last two weeks, the Put/Call ratio increased by 680.65% - from 0.31 to 2.42. The stock is currently stuck in a downtrend, trading -14.24% below its SMA20, -18.61% below its SMA50, and -19.3% below its SMA200. The stock has performed poorly over the last month, losing 29.08%.
4. 21Vianet Group Inc. (VNET): Application Software Industry. Market cap of $636.94M. Over the last two weeks, the Put/Call ratio increased by 511.11% - from 0.27 to 1.65. The stock has performed poorly over the last month, losing 28.96%.
5. Xueda Education Group (XUE): Education & Training Services Industry. Market cap of $564.58M. Over the last two weeks, the Put/Call ratio increased by 237.97% - from 0.79 to 2.67. The stock is currently stuck in a downtrend, trading -23.93% below its SMA20, -23.26% below its SMA50, and -22.88% below its SMA200.
6. VanceInfo Technologies Inc. (VIT): Information Technology Services Industry. Market cap of $1.09B. Over the last two weeks, the Put/Call ratio increased by 151.76% - from 0.85 to 2.14. The stock has performed poorly over the last month, losing 24.21%.
7. Guangshen Railway Co. Ltd. (GSH): Railroads Industry. Market cap of $2.90B. Over the last two weeks, the Put/Call ratio increased by 126.21% - from 2.06 to 4.66. Offers a good dividend, and appears to have good liquidity to back it up--dividend yield at 3.37%, current ratio at 1.6, and quick ratio at 1.5. The stock has gained 24.82% over the last year.
8. Aluminum Corporation Of China Limited (ACH): Aluminum Industry. Market cap of $11.51B. Over the last two weeks, the Put/Call ratio increased by 101.45% - from 0.69 to 1.39. The stock has gained 4.11% over the last year.
9. China Southern Airlines Co. Ltd. (ZNH): Major Airlines Industry. Market cap of $4.0B. Over the last two weeks, the Put/Call ratio increased by 97.66% - from 1.71 to 3.38. It's been a rough couple of days for the stock, losing 6.27% over the last week.
10. AsiaInfo-Linkage,Inc. (ASIA): Security Software & Services Industry. Market cap of $1.24B. Over the last two weeks, the Put/Call ratio increased by 66.67% - from 0.72 to 1.2. The stock is a short squeeze candidate, with a short float at 15.47% (equivalent to 8.12 days of average volume). The stock has performed poorly over the last month, losing 12.73%.
11. Changyou.com Limited (CYOU): Multimedia & Graphics Software Industry. Market cap of $2.08B. Over the last two weeks, the Put/Call ratio increased by 60.94% - from 0.64 to 1.03. The stock has gained 47.44% over the last year.
12. Hollysys Automation Technologies, Ltd (HOLI): Industrial Electrical Equipment Industry. Market cap of $504.21M. Over the last two weeks, the Put/Call ratio increased by 56.67% - from 0.9 to 1.41. The stock is a short squeeze candidate, with a short float at 16.62% (equivalent to 8.42 days of average volume). The stock has performed poorly over the last month, losing 21.99%.
13. Shanda Interactive Entertainment Ltd. (SNDA): Multimedia & Graphics Software Industry. Market cap of $2.87B. Over the last two weeks, the Put/Call ratio increased by 46.58% - from 0.73 to 1.07. The stock has performed poorly over the last month, losing 12.16%.
14. NetEase.com, Inc. (NTES): Internet Software & Services Industry. Market cap of $5.93B. Over the last two weeks, the Put/Call ratio increased by 34.18% - from 0.79 to 1.06. Might be undervalued at current levels, with a PEG ratio at 0.83, and P/FCF ratio at 13.91. The stock has gained 46.86% over the last year.
15. E-Commerce China Dangdang Inc. (DANG): Catalog & Mail Order Houses Industry. Market cap of $1.50B. Over the last two weeks, the Put/Call ratio increased by 28.24% - from 0.85 to 1.09. The stock is currently stuck in a downtrend, trading -6.41% below its SMA20, -8.49% below its SMA50, and -21.01% below its SMA200. The stock has performed poorly over the last month, losing 15.4%.
16. China Real Estate Information Corporation (CRIC): Property Management Industry. Market cap of $937.09M. Over the last two weeks, the Put/Call ratio increased by 28.21% - from 3.12 to 4. The stock is a short squeeze candidate, with a short float at 9.03% (equivalent to 9.37 days of average volume). The stock has performed poorly over the last month, losing 24.09%.
17. PetroChina Co. Ltd. (PTR): Major Integrated Oil & Gas Industry. Market cap of $259.25B. Over the last two weeks, the Put/Call ratio increased by 25.24% - from 1.03 to 1.29. The stock has had a couple of great days, gaining 7.01% over the last week.
18. Youku.com Inc (YOKU): Internet Information Providers Industry. Market cap of $4.85B. Over the last two weeks, the Put/Call ratio increased by 22.34% - from 0.94 to 1.15. The stock has performed poorly over the last month, losing 27.55%.
19. Sina Corp. (SINA): Internet Software & Services Industry. Market cap of $7.31B. Over the last two weeks, the Put/Call ratio increased by 20.22% - from 0.89 to 1.07. The stock has had a couple of great days, gaining 9.59% over the last week. The stock has performed poorly over the last month, losing 11.11%.
20. LDK Solar Co., Ltd. (LDK): Semiconductor Industry. Market cap of $1.06B. Over the last two weeks, the Put/Call ratio increased by 15.18% - from 1.12 to 1.29. This is a risky stock that is significantly more volatile than the overall market (beta = 2.75). The stock has performed poorly over the last month, losing 37.28%.
