Liquidity

How easily you can trade without moving the price, shown by tight bid and ask prices and real volume.

Why it matters

Wide spreads quietly eat returns. On a four leg trade, a few cents per leg can cost a third of the profit.

Cluenex grades liquidity from the stock’s real daily options volume and open interest.

In the Cluenex app, this explanation opens next to every liquidity figure, with the live reading for the stock you are looking at. Open it in Cluenex