It’s hard to say because it depends on who’s trading. If every trader is putting in $100 orders, then a market move probably represents a real probability change, not just a liquidity issue. But the market will pop if a single trader puts in a $100K buy order.
It’s hard to say because it depends on who’s trading. If every trader is putting in $100 orders, then a market move probably represents a real probability change, not just a liquidity issue. But the market will pop if a single trader puts in a $100K buy order.