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Best stocks to day trade: Nvidia leads on volume at 416.6 million average daily shares

Volume is the mechanism behind this screen. Nvidia Corp. (NVDA) leads the field at 416.6 million average daily shares over the past three months, more than three times the next name on the list, and that gap in…

NM
NewsMV Markets Desk
3 min read
31 July 2026Markets desk
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Volume is the mechanism behind this screen. Nvidia Corp. (NVDA) leads the field at 416.6 million average daily shares over the past three months, more than three times the next name on the list, and that gap in liquidity defines the bid-ask spreads and exit capacity that active traders actually trade against. Nine other names follow, spanning leveraged ETFs, crypto mining proxies, and a pending media merger.

The volume ladder, top to bottom

ProShares UltraPro Short QQQ (SQQQ) sits at 120.1 million average daily shares. The fund uses derivatives to deliver the inverse of the Nasdaq 100's daily performance, magnified by three: a 1% drop in the index is designed to produce a 3% gain in the fund that session. Tracking error and expense load erode that ratio over time. The instrument is built for intraday use.

Tesla Inc. (TSLA) follows at 93.4 million average daily shares, with weekly volume running at nearly double the three-month figure around the time of publication. The source cites a 27% gain over the trailing month, ahead of an earnings call that had not yet occurred. Marathon Digital Holdings (MARA) comes in at 46 million average daily shares and carries a published beta of 5.57 against the S&P 500. The stock moves roughly five and a half times the index on a given session. That is the draw for short-term traders and the hazard for everyone else.

GameStop Corp. (GME) averages 43.6 million shares a day, with a 52-week range of $9.95 to $64.83. That spread is what social-media momentum does to a stock with thin fundamental support. The setup depends on who holds the short position and how much drawdown they can absorb before covering. It is still the same question it was in 2021.

Event-driven and smaller names

Paramount Global (PARA) saw volume top 20 million shares around the Skydance Media merger announcement. Skydance is backed by Oracle co-founder Larry Ellison. The deal has not closed, which means the volume spike reflects positioning on an unresolved outcome, not a confirmed one.

The Invesco QQQ Trust (QQQ) at 39.2 million average daily shares holds more than $286 billion in assets and charges a 0.20% expense ratio. The iShares MSCI Brazil ETF (EWZ) averages 21.7 million shares, holds more than $4 billion in net assets, and pays a 7.8% dividend yield against the risk of Brazilian market volatility.

AST SpaceMobile (ASTS) and Iris Energy (IREN) each average 18 million shares in the three-month table. ASTS carries a market cap just over $3 billion. IREN, which focuses on renewable-energy Bitcoin mining, incorporated in 2018 and went public in late 2021, with a market cap below $3 billion at the time of publication.

What to watch

The next confirmable event for PARA is the finalization or collapse of the Skydance deal. For MARA and IREN, the operative variable is Bitcoin mining economics, which moves those names faster than any earnings print. MARA's beta of 5.57 is the number that tells you how fast the range shifts in a single session.

Related reading

Categorycrypto

Filed via benzinga.com

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Key takeaways

Frequently asked

Why is trading volume the focus of this stock screen?

Volume defines the liquidity, bid-ask spreads, and exit capacity that active traders trade against, which is why it is the mechanism behind the screen.

What is the status of the Paramount Global merger?

Paramount Global (PARA) has a pending merger with Skydance Media, which is backed by Oracle co-founder Larry Ellison, but the deal has not closed, so the volume spike reflects positioning on an unresolved outcome.

What drives price moves for MARA and IREN?

For both Marathon Digital (MARA) and Iris Energy (IREN), the operative variable is Bitcoin mining economics, which moves those names faster than any earnings report.

What are the key details of the Invesco QQQ Trust (QQQ)?

QQQ averages 39.2 million shares daily, holds more than $286 billion in assets, and charges a 0.20% expense ratio.

How does the SQQQ ETF work?

ProShares UltraPro Short QQQ uses derivatives to deliver three times the inverse of the Nasdaq 100's daily performance, so a 1% index drop is designed to produce a 3% fund gain, though tracking error and expenses erode that ratio over time.