Chasing The High Volume Trading Stocks. "Big Bear Ai"
Big Bear Ai (BBAI). Odds are you never heard of it. Last week it closed at $6.06 up $.38 cents. It's a military Ai play. Look at how it traded in the last five days. Look at the volume of shares traded today. Almost 84 million shares! That's not a mistake. A junk stock with no earnings you might say on the verge of having a meme stock status. Yes. I am embarrassed in a way to be talking about this stock when I normally write blogs on trading options on stocks like Deere. With Deere some series of their options only trade like 19 contracts on any one series of it's options on any given day. Should option traders be trading in options on stocks in the $5.00 and $6.00 dollar price range? Sooner or later this stock might crash and burn. I shouldn't really be saying this. One of the things I do know is that this company doesn't even generate profits yet. Also, back in May this stock was only trading in the $2.50 range. Is it's story feasible? There are massive amounts of share trading in this stock but not so much so in their options. Here is an example of what I am talking about. What does that tell me? It tells me that there is a maturity to the markets from the sense that market traders have a preference for trading this companies stock over trading in it's options. The mindset of market traders is one of why try an outguess what is going to happen with this stock over the next four days when in the bigger story of how this company is going to evolve will take many years to play itself out. It's track record of "choppy trading" has made the game to dangerous to play. That's my take on it anyways. Tuesday morning just less than an hour into the trading hour. The DJIA is down big time and these Calls are holding steady. Now this. The D.J.I.A was down 634 points at 10:09 a.m. this morning and now at 3:09 p.m. it is down only 276 points. Look at how the 5.5 series of Calls are now trading. They have doubled in a few hours! I apologize for adding yet another zinger of a stock to try and follow. Good luck.




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