Options Media Group Holdings, Inc. (OPMG)

[Dannyboy4]

No, that's not how it works.

I'll make up a fake L2 in order to show how it works.


.01 - start of day Shares traded
.011 - buy + 50
.011 - buy = 6500
.0105 - sell - 7500
.009 - sell - 911
.008 - sell - 5000
.009 - buy + 5000
.009 - buy = 45000
.009 - buy = 600
.009 - buy = 4500
.015 - buy + 18000
.028 -buy + 14000
.027 - sell - 1000
.027 - sell = 15000
.015 - sell - 4000
.016 - buy + 2000

It doesn't matter if it's at the ask, bid, or between the bid and ask. All that matters is if the transaction is above, below or equal with the previous transaction. That is what determines a buy or sell.

The total would be:
95,650 BUYS vs 33,411 SELLS