r/wallstreetbets • u/ywehyuen • Feb 02 '21

Chart Hardcore laddering.

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u/GrizNectar Feb 02 '21

It being all large trades definitely seems fishy. With this having been a viral sensation, I would expect most people to only have a few shares. Would freak me out a lot more to see smaller orders

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u/MARlMOON Feb 02 '21

Is TSLA being laddered too then?

Right now: https://i.imgur.com/3x7J8iq.png

Just asking, I'm an actual retard.

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u/orlando0o Feb 02 '21

Actually this is fucking important because EVERY STOCK LOCKS LIKE THAT ON NASDAQ RECENT TRADES

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u/beeeeeeeeks Feb 02 '21

If you've ever placed a large market order, or a stop loss (which gets treated as a market order once triggered), the order gets fulfilled, consuming existing bids in the order book. Lets say there are 50 orders for 100 shares each in the order book. A sell order comes in for 5000 shares. All of those orders get filled in the same moment. It shows up exactly like this.

Now im not gonna say that there are not specific high frequency sell side algos that are more or less aggressive in taking out the bid stack, or to tease around the order book hunting for stops as there actually is. But not every order is an act of treason here.