Companies seeing a skew towards puts in the previous session: Morgan Stanley (MS), General Electric (GE), J.P. Morgan Chase & Co. (JPM), Wells Fargo & Co (WFC), FORD MOTOR (F), SunTrust Banks (STI), General Motors (GM), AutoNation (AN), Moody's Corp. (MCO), HSBC, plc. (HBC), Level 3 Communications Inc (LVLT), eBay Inc (EBAY), Fifth Third Bancorp (FITB), Altera Corp. (ALTR), Schering Plough Cp (SGP), Capital One Financial (COF), WellPoint Health Networks (WLP), MetLife (MET), MGM Mirage (MGM), Dell (DELL), AT&T Corp. (T), Archer-Daniels-Midland (ADM), KB HOME (KBH), Dow Chemical (DOW), UBS AG (UBS).

Companies seeing a skew towards calls in the previous session: Apple Inc (AAPL), Wachovia (WB), National City Corp (NCC), Potash Corp. of Saskatchewan (POT), Allergan (AGN), Research in Motion (RIMM), Steel Dynamics (STLD), American International Group (AIG), QUALCOMM Incorporated (QCOM), SPDR Gold Trust (GLD), Mylan Laboratories (MYL), Chesapeake Energy (CHK), IBM (IBM), United States Steel Corp (X), Polo Ralph Lauren (RL), Freeport-McMoRan Copper & Gold (FCX), Motorola (MOT), DryShips Inc. (DRYS), Goldcorp Incorporated (GG), Cisco Systems (CSCO), Pfizer (PFE), United Parcel Service (UPS), Eli Lilly and (LLY), Range Resources (RRC), Ambac Financial Group (ABK) .

This filtered scan is based on the International Securities Exchange (ISE) buy-to-open data. It looks for stocks where the previous day's put volume on the ISE is at least twice as great as the call volume. It then sorts the stocks based on the put volume. Since this is buy-to-open data, this can be a good source for finding stocks where skepticism is emerging. Of particular interest to me would be situations where we see put activity on stocks that are still in intermediate-term uptrends. This would be a potentially encouraging sign from the contrarian perspective.

This filtered scan is based on the International Securities Exchange (ISE) buy-to-open data. It looks for stocks where the previous day's call volume on the ISE is at least twice as great as the put volume. It then sorts the stocks based on the call volume. Since this is buy-to-open data, this can be a good source for finding stocks where optimism is emerging. Of particular interest to me would be situations where we see call activity on stocks that are still in intermediate-term downtrends. This would be a potentially cautionary sign from the contrarian perspective