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4 Penny Stocks To Buy For Under $5 With Unusual Options Action

Are you looking for penny stocks to buy and wondering where to begin? You could hit the list of popular stocks with news. That may or may not give you a list of quality stocks. You could also look for technical signals, including penny stocks with high volume or irregular trading volatility. But something that many retail traders are using right now is known as alternative data.

This generally involves specific factors that don’t directly influence prices but could give clues about market sentiment. Things like insider trading activity, google search volumes, and even irregular Wikipedia page views fall into this category. In this article, we look at the options market and stocks experiencing an above-average surge in buying activity.

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