orderflow
dex orderflow
When big orders enter the market in terms of their directional share-equivalent.
api
Get this data from the orderflow latest endpoint.
= (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.