This Apparel Stock is a Safe Buy for Bulls in July

It's officially July, and things are only heating up as the uncertainty surrounding the market still weighs on investors' minds. There's a whole new slate of seasonality trends to keep an eye on, and Schaeffer's Senior Quantitative Analyst Rocky White has released the list of the best S&P 500 stocks to own in July over the past 10 years. One notable name on the list is VF Corp (NYSE:VFC), with the apparel concern boasting an intriguing technical setup as well.

More specifically, looking back over the last decade, VF stock boasts an average June return of 6.3%, with nine out of 10 returns positive. That's incredible for a stock that's just outside of the top 10, and the only personal goods name on the list.

Digging deeper, VFC -- which at last check was trading flat at $60.82 -- is off 14% from its June 5, four-month high of $71.25. However, the stock has managed to tack on 25.1% in the past three months, and has found a solid level of support at its 70-day moving average, which captured a brief pullback just last week.

The options pits show that puts have been popular over the past 10 weeks. Specifically, VFC's 50-day put/call volume ratio of 1.63 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) sits in the 98th percentile of its annual range, suggesting a healthier-than-usual appetite for bearish bets of late. In simpler terms, if this bearish sentiment were to unwind, it could give VFC another boost up the charts.

The good news for options traders is that VFC's near-term options can be had for a bargain at the moment. The security's Schaeffer's Volatility Index (SVI) stands at 47%, ranking in the 29th percentile of its annual range. This indicates that now is an attractive time to jump aboard the VF stock with options.