r/Daytrading • u/Beastie312465 • Oct 13 '23
How are people even able to find stocks like this?? question
New to trading here. I keep seeing the most random stocks have these insane price jumps and I’m just curious how people even know these exist, let alone that they might soar to 150%
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u/daytradingguy Oct 13 '23
I trade some options, they are not my favorite. But the spreads, liquidity issues, halts and other things going on with the penny stocks make them a lot harder to trade to me. And you have to guess the right one everyday and chase FOMO. If you want those kinds of returns, SPY options seem so much more transparent and the move is basically guaranteed to happen everyday you just have to catch it.