Penny stocks often see huge percentage moves, both up and down. This brings opportunity but also risks. One strategy to find top penny stocks to buy is locating ones with a sudden surge of options trading volume compared to normal levels.
Options contracts allow traders to bet on whether a stock will go up or down. The volume shows how many contracts are being traded. When options volume increases sharply for a penny stock, it signals traders have an interest in major moves coming.
Finding Top Penny Stocks to Buy Using Unusual Options Volume
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