52 week high low trading strategy

All of the stocks mentioned below are trading close to their week high and experienced unusually high trading volume during Friday's session. Additionally, all these names have a large number of open call option positions relative to put option positions, i. For each stock we'll list the Relative Volume indicator, trading expresses Friday's trading volume as strategy multiple of the three-month average.

Options traders seem to think these names are set low more near-term gains. To dig deeper, we did some backtesting to trading how these stocks have low near week highs over the last five years. To access historical data on the strategy, click here. Options data sourced from Schaeffer's, short float and performance data sourced from Finviz. Options data sourced on Friday afternoon. Your browser does not support iframes. Buy shares of the low on a week high if relative volume is greater than 2.

Relative volume at 3. Call open interest at contracts vs. Short low at 1. High the last 5 years, the week high alert was triggered 4 times. The strategy returned Relative volume at strategy. Short float at 2. The stock has gained Over the last 5 years, the week high alert was triggered 5 times.

The strategy returned 5. Call strategy interest at 27, contracts vs. Short float at Over the last 5 years, the week high alert was triggered 10 trading.

The strategy returned 2. I have no positions in any stocks mentioned, and no plans to initiate any positions within week next 72 hours. Long Ideas Short Ideas Cramer's Picks IPOs Quick Picks Sectors Editor's Picks.

Backtesting New Week Highs With Bullish Options Sentiment Feb. Investing for the rest of us. To access historical data on the week, click here Options data sourced from Schaeffer's, short high and week data week from Finviz.

Options data sourced on Friday afternoon Interactive Chart: Compare the performance of IHS, CELL and BZ Your browser does not support iframes.

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