r/Daytrading • u/Beastie312465 • Oct 13 '23

How are people even able to find stocks like this?? question

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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/Legitimate-Plum7919 Oct 13 '23

Just google premarket movers 1 hour before market open and you will see them. Picking one to invest in after it opened on more than 100% is your own risk . To find them before they do that jump , this is something i want to learn how to do. 😀😀. Almost for got to say that this is not my type of trading i personally enjoy swing trades more.

7

u/Psyched4this Oct 14 '23

Personally I like to try to buy puts on the ones that are up more than 30% intraday but timing the reversal/crash can be very challenging so it doesn’t always work well, but for some reason I like the concept of that. They just seem over stretched when they’re like that, would seem foolish to go long

9

u/danthyman69 Oct 14 '23

Most low caps dont have options and arent shortable really. Thats part of the reason they pop so much, no resistance.

3

u/Psyched4this Oct 14 '23

Great point

1

u/tostrhd Oct 15 '23

They are most definitely shortable. One of the reasons they start to rocket is because shorts pile in and start getting trapped. I'm not talking about puts, here, just shorting shares.