Want to find the best penny stocks to buy? I’m sure you do, and you’re not alone. Thanks to how cheap these stocks are (below $5), your average retail trader can take prominent share positions in them and leverage volatility to turn small sums into meaningful gains. First thing’s first, though. How do you find penny stocks to buy?
Today we’re focusing on sentiment trading, and while volume and trading momentum could signal current interest, there are other data points traders look at. One of these is options volume. In particular, screening for stocks with unusual options activity has become a way for the market to see where “smart money” might be betting on specific stocks.
Here are a few penny stocks with unusual options activity.
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