15 U.S. Technology Penny Stocks with High Call Option Open Interest: Investment Idea of the Day

A call option on a stock gives owner the right to buy it at a certain price (strike price). Investors buy call options when they are bullish on a particular underlying stock and profit when its price rises. Large open interest of call options on a stock indicates the bullish sentiment of investors.

Today we have shortlisted 15 U.S. technology penny stocks with put to call open interest ratio <1 (i.e. total number of call options outstanding exceeding total number of put options), suggesting the market’s bullish view on the underlying stocks. We note that during the past one month, majority of the stocks have registered price gains with daily average trading volumes in excess of 100,000.

Source: Bloomberg
Options outstanding are for all strikes and expirations as of last trading session

Company Description

Kopin Corp (NASDAQ: KOPN)
Kopin Corporation develops and manufactures semiconductor materials and small form factor displays. The company uses its proprietary technology to design, manufacture, and market products used in commercial wireless communications and high resolution portable applications. Kopin’s principal semiconductor wafer product is a heterojunction bipolar transistor device wafer.

Wave Systems Corp (NASDAQ: WAVX)
Wave Systems Corporation develops and markets computer software for hardwarebased digital security. The company’s software enables organizations to know who connects to their information technology infrastructure, and protect corporate data. The software is based around the Trusted Platform Module hardware chip included on most enterprise-class personal computers.

Audience Inc (NASDAQ: ADNC)
Audience, Inc. provides voice and audio processors. The company develops technology for mobile devices to deliver voice and audio quality for talking, playback, video, and music.

Acorn Energy Inc (NASDAQ: ACFN)
Acorn Energy Inc. through its subsidiaries provides clean energy solutions. The company’s solutions include clean capacity, catalyst regeneration technologies, remote monitoring of the electric grid, underwater security systems for coastal energy infrastructure, and renewable power solutions.

Merge Healthcare Inc (NASDAQ: MRGE)
Merge Healthcare Inc. provides medical imaging and information management software and services. The company offers clinical and medical imaging software applications and development tools.

QuickLogic Corp (NASDAQ: QUIK)
QuickLogic Corp is the inventor and provider of customizable semiconductor solutions for mobile and portable electronics. These silicon plus software solutions are called Customer Specific Standard Products (CSSPs).

Entropic Communications Inc (NASDAQ: ENTR)
Entropic Communications, Inc. designs, develops and outsources the manufacture of, semiconductors. The company markets semiconductors that enable the home networking of digital entertainment over existing coaxial cable.

AXT Inc (NASDAQ: AXTI)
AXT, Inc. uses a proprietary crystal growth technique to produce semiconductor substrates for a variety of electronic and optoelectronic applications. The company’s products are used in wireless and fiber optic telecommunications, lasers, LEDs, satellite solar cells, and consumer electronics.

Sigma Designs Inc (NASDAQ: SIGM)
Sigma Designs, Inc. designs, manufactures, and markets high-performance, System-on-a-Chip (SoC) semiconductors. The company serves markets that include IPTV Set-top Boxes, Blu-ray players, HDTV’s, digital media players, and ultra-wideband connectivity markets.

Pixelworks Inc (NASDAQ: PXLW)
Pixelworks, Inc. designs and develops system-on-a-chip solutions. The company’s solutions enable the visual display of broadband content through a variety of electronic devices.

MoSys Inc (NASDAQ: MOSY)
MoSys, Inc. designs, develops, licenses, and markets memory technologies used by the semiconductor industry and electronic product manufacturers. The company’s 1T-SRAM embedded-memory technology offers a combination of high density, low power consumption and high speed.

Vitesse Semiconductor Corp (NASDAQ: VTSS)
Vitesse Semiconductor Corp. designs, develops and markets a diverse portfolio of semiconductor solutions for Carrier and Enterprise networks worldwide. The company’s products address Ethernet LAN, WAN, and RAN, Ethernet-over-SONET/SDH, OTN, and
Signal Intergity and Physical Layer products for Ethernet, Fiber Channel, Serial Attached SCSI, Video and PCI Express applications.

Mitek Systems Inc (NASDAQ: MITK)
Mitek Systems, Inc. is involved in character recognition technology, products, and services for the document imaging markets. The company’s document imaging software engine and intelligent character recognition products and services are used in mission-critical and high volume data entry, data capture, and forms processing applications.

A10 Networks Inc (NYSE: ATEN)
A10 Networks Inc. provides computer networking products and security solutions. The company offers application networking platforms and security products to streamline technology operations, including cloud and service providers and application delivery solutions. A10 serves customers in various industries worldwide.

Dot Hill Systems Corp (NASDAQ: HILL)
Dot Hill Systems Corp. is a provider of enterprise storage for organizations requiring high networked storage and data management solutions in open systems architecture.