SPY: What Happens At 9:50AM?
For a lot of penny stock traders who got sick and tired of trying to find a play to trade, the highly volatile and highly liquid SPY weekly options became a hunting ground to make up for the gains that used to be abundant on the OTC Market. Many have moved towards this over the years since the market was transformed with the introduction of weekly options and a large number make it a point to show up for Thursdays and [...]