Companies seeing a skew towards puts in the previous session: PowerShares QQQ Trust (QQQQ), W.R. Grace & Co (GRA), Juniper Networks (JNPR), Netlogic Microsystems (NETL), Intel Corp. (INTC), J.P. Morgan Chase & Co. (JPM), Amgen Inc (AMGN), Lehman Brothers Holdings Inc (LEH), Sears Holdings Corp (SHLD), SunTrust Banks (STI), MORGAN STANLEY (MS), Applied Materials (AMAT), America Movil, S.A. de C.V. (AMX), Seagate Technology (STX), Amedisys Inc (AMED), J. Crew Group, Inc. (JCG), R.R. Donnelley & Sons (RRD), Bunge (BG), Marvel Entertainment (MVL), Capital One Financial (COF), Altera Corp. (ALTR), Harley-Davidson (HOG), Johnson Controls (JCI), NVIDIA Corp. (NVDA), Boeing (BA).

Companies seeing a skew towards calls in the previous session: Goldcorp Incorporated (GG), Time Warner (TWX), Wells Fargo & Co (WFC), Barrick Gold (ABX), Pfizer (PFE), General Motors (GM), Health Net (HNT), Freeport-McMoRan Copper & Gold (FCX), SAP Aktiengesellschaft Systeme (SAP), UnitedHealth Group Incorporated (UNH), Newmont Mining (NEM), Vimpel Communications (VIP), EMC Corp. (EMC), General Electric (GE), Adobe Systems Incorporated (ADBE), U.S. Bancorp (USB), Verizon Communications (VZ), Gilead Sciences (GILD), AK Steel Holding Corp (AKS), Fannie Mae (FNM), FREDDIE MAC (FRE), Agnico-Eagle Mines (AEM), Yahoo! (YHOO), Neurocrine Biosciences (NBIX), QUALCOMM Incorporated (QCOM).

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