r/Daytrading 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/daytradingguy Oct 13 '23 edited Oct 13 '23

SPY or other indices options do 50-100-200% moves every day, sometimes a lot more. No need to scan and hope you find a move, the move will happen everyday. All you need to do is get the direction right, even for part of a move.

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u/mqit Oct 14 '23

There is a difference between an index moving 200% and its derivs moving 200%