Options Media Group Holdings Inc
Last [Tick]Change% ChangeBid [Tick]Bid SizeAskAsk SizeOpenVolume
$0.0013[-] |
-$0.0001 |
-7.14% |
0.0013 |
1423076 |
$0.0015 |
818214 |
$0.0015 |
1,030,000
"As previously mentioned, bid/ask prices are always posted with corresponding bid and ask sizes, which serve as measures of the strength and depth of the bid/ask prices. They tell us about the supply/demand pressures on a stock at a given moment. We can summarize important Bid/Ask size concerns as follows:
- A large bid size indicates a strong demand for the stock.
- A large ask size shows that there’s a large supply of the stock.
- If the bid size is significantly larger than the ask size, then the demand for the stock is larger than the supply of the stock; therefore, the stock price is likely to go up.
- If the ask size is significantly larger than the bid size, then the supply of the stock is larger than the demand for the stock; therefore, the stock price is likely to drop."
|