Contrarian Ideas: 9 High-Dividend Stocks With Extremely High Put/Call Ratios
Below is a list of 9 stocks with dividend yields between 4-7%. All of these stocks mentioned below have also seen very sharp increases in their put/call ratios within the last two weeks, to levels reaching the upper end (+90%) of their 1-year put/call range. Some technical traders view the Put/Call ratio as a contrary indicator when it reaches extreme highs or lows. In other words, because the stocks mentioned below have a high number of open put option positions, contrarians would think most of the stocks mentioned below are set for a comeback. Read below, using this list as a starting-off point for your own analysis. Options data sourced from Schaeffer’s, all other data sourced from Finviz.
List sorted by dividend yield. 1. Och-Ziff Capital Management Group LLC (OZM): Asset Management Industry. Market cap of $6.01B. Dividend yield at 6.22%. Put/Call ratio has increased 76.60%... Read more