ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
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What is Level 2 Data?
Level 2 Data Real-time order book data showing all bid and ask prices with their quantities from various market participants. Unlike Level 1 data (best bid/ask only), Level 2 shows the full depth of the market. In options trading, Level 2 data helps identify hidden liquidity and potential support/resistance at specific option strikes.
Complete definition
Real-time order book data showing all bid and ask prices with their quantities from various market participants. Unlike Level 1 data (best bid/ask only), Level 2 shows the full depth of the market. In options trading, Level 2 data helps identify hidden liquidity and potential support/resistance at specific option strikes.
Related terms
ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
- Live chains and Greeks
- IV rank and percentile
- Expected move and GEX
- Screener and strategy P&L
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
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