If you’ve traded penny stocks for a while, you might have heard the term “whale” mentioned before. This refers to large-dollar trades made by either institutions or investors with deep pockets. Whether it’s insiders picking up shares of their companies or funding seemingly loading up on cheap stocks, the “follow the money” approach to trading is alive and well.
Today, we look at a handful of penny stocks with unusually bullish options activity. Whether the “whales” are right about these stocks is to be seen. But, for now, you’ll at least be able to see some of the undertones, speculation, and sentiment in the stock market today.
Top Penny Stocks To Buy According To Interesting Options Data Today
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