In this article, we look at the options chains of a few penny stocks and monitor speculative action. It’s important to remember that not all volume is buying volume, and options can be “shorted” by ‘selling to open’ a position.
This article focuses on the options market to get an idea of potential pent-up sentiment. While high Call volume or high Put volume doesn’t necessarily mean a bullish or bearish outlook, traders will use this data as part of their overall due diligence process. Identifying possible “big money” bets or large hedges can help add a layer of insight to any trading strategy.
10 Top Penny Stocks To Watch With Unusual Options Activity This Week
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