orderflow
dex orderflow
When big orders enter the market in terms of their directional share-equivalent.
API Endpoints
Get this data from the Orderflow Latest API endpoint.
DEX Orderflow = (Bullish Volume × DEX) - (Bearish Volume × DEX)Where:
- Bullish volume = Long call | Short put
- Bearish volume = Short call | Long put
Description
- Dex orderflow tells us when big orders are coming into the market in terms of their directional share-equivalent. It is as simple to read as: "Someone just bought/sold this many shares worth of options here".
- Significant dex orderflow highlights levels of interest. Large transactions tell us that aggressive positions are being established, or that liquidations are taking place.
- Often, a local bottom will be established as an aggressive buyer enters the picture. Just as easily, a local bottom can be marked by bearish orderflow, as a long is forced to liquidate.