Finding penny stocks with $5 options, never more than that. Why?


Alright so I'm trying to find a penny stock that has more than a $5 ask spread. I keep finding ones that offer $5, $4.80, $4, but never more than $5. The only option that I found that offered higher than a $5 ask spread was a halted trading stock? Why is that? Can anyone recommend me a stock that offers an ask spread of $10 or $20 that's a penny stock?


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