What is with small cap straddles?

Alright I’ve been watching stocks for close to a year (still newish), but is this honestly normal? Is this just an extreme bear market?

I can name a dozen stocks that have a 0.01-0.03 straddle of thousands of stock. I have never seen anything like this before.

$RIGL $TOPS $DARE $EVLV $SEII $AKER etc etc

Heck they even have $FCRE in there and the likes.

It’s just so many stocks all at the same time. Also with these walls I’ve seen $DARE trade 100,000 shares in under a couple seconds and the wall went right back up a few cents higher

Submitted May 08, 2018 at 03:57PM by Jimmienoman https://ift.tt/2I5i8n7