Buying pushes
the price up.
Every fill moves a character in the direction of the fill, by the size of the fill against how deep that character is. Buy Lucia and Lucia goes up. Sell her and she comes back down. A lead absorbs real money before it moves. A supporting name gaps on one order.
Scroll to push money through the book. This is the exchange's own pricing code doing the arithmetic on a hypothetical order, not a recording of a market.
Jason Duval
Wants an easy life. Trades at a discount to the other lead, and the gap is the whole argument.
Jason opens below Lucia because the rubric says a 1.20 meme multiple is what he has earned so far. That number is a judgement, published on his page, and the short button is there for anybody who thinks it is wrong.
Trade JASONEvery character Rockstar has named.
Two leads and six supporting names, with the line the studio gave each of them. If Rockstar names another one, it gets a market and an opening mark by the same rubric as the rest.
Lucia Caminos
First female lead the series has had, and the most traded name on the board.
Out on parole and already carrying the highest open interest here. Everything about her price is expectation, which is exactly the sort of position funding is meant to charge for once everybody crowds onto one side of it.
Trade LUCIASomebody has to write the first number down.
So here is the arithmetic, in public. Role and era are facts about the games. Meme is the only judgement call, listed per character, and it never touches the price again once the market opens.
Worked example: Lucia Caminos, lead, unreleased, 1.45 meme.
Press
Fills move the traded price, permanently, in the direction of the fill.
Skew
A one-sided book lifts the mark over the traded price, and funding bills that crowding every hour.
Decay
About two percent of a move gives back per market day if nobody defends it.