easy · Order Flow Analysis order-book-dom

A DOM snapshot shows 560 displayed contracts across selected bid levels and 280 across selected ask levels.

For snapshot 12, what is the displayed bid-to-ask depth ratio and the properly limited reading?

  1. 280:1; subtraction creates the depth ratio
  2. One visible-book snapshot is a complete forecast that fixes the next price move even if displayed orders cancel, hidden liquidity trades, or new orders arrive
  3. 2:1; visible bid depth is larger in this snapshot, without guaranteeing an upward move
  4. 1:2; visible ask depth is larger

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