Thought this data may be interesting to some on this sub, as related to large cap names, AAPL, AMZN, GOOG, NVDA. We saw end of day 07/21 largest order action since YTD. I track these filtered high value orders with an amazing analytic tools i sub too(cannot promote sry). I plot the data myself in some open source tools like Grafana. Helps me visualize the data over periods of time.
Some things to keep in mind. These trades are non directional, DP trades. It means you dont know the fill direction. You assume, or you do like myself, and work with volume as the indicator paired with other data points. These are daily order value amounts:
AMZN – https://i.imgur.com/4yySuyY.png
5.2billion on 07/21 Second highest was 1.9B on 06/07
GOOG- https://i.imgur.com/uMRcKoJ.png
1.20B on 07/21 Second- 827m on 03/17
NVDA – https://i.imgur.com/aX0wftB.png
10.1B on 07/21 Second – 5.14B on 06/26
AAPL – https://i.imgur.com/k4vBU06.png
Second Highest 2.6B 07/21 First was 06/05 for 3.18B
There around 75 other tickers, among the total of ~500 i track, that make up SPY, having a rank #1 signal. Something is brewing.
Conclusion? Make of it what you will, but for me, its opex related. Was a bunch of put positions on the june 16th opex that all expired basically worthless. All that is market maker fuel, coupled with actual shorts having to cover. Market got pumped on all that. Now its over….
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