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Dark Pool Top Levels
The specific price levels where a stock's dark pool volume has clustered, built by stacking individual prints on top of each other.
What is dark pool top levels?
Dark pool top levels is a per-ticker map of prices where off-exchange volume clustered. Dark Pool Levels ranks Price Level by Amount. Top Levels is a donut of the three biggest prices. Unusual Trade shows one large print. The table lists Level, Prints, Size, and Premium. It is a price map, not a buy list.
Dark pool fills still hit the public tape after they execute. This page does not stream those prints in time order. It groups one ticker's reported prints by price, then ranks those prices by how much notional stacked there. Search symbol and Go load a name. The page starts on SPY. The live price sits next to the ticker. Dark Pool Levels is a horizontal bar chart. Price Level is the left axis. Amount (M) is the bottom axis. Longer bars have more Amount Spent in at that price. Top Levels keeps the three prices with the most Premium. The donut center is the largest of those three. The Price Chart, Dark Pool Level Annotations, draws the same prices as dashed lines on the session path. High Level labels the biggest one. Volume Surge Trades Summary shows On-Balance Dollar Volume, Buy $ Volume vs Sell $ Volume, and Dark Pool Volume Ratio versus Lit Exchange Volume Ratio. A busy price is a place size already traded. It is not a wall that has to hold.
On EZPZ, the live chrome titles the page Dark Pool Top Levels. Type a ticker in Search symbol, then click Go. If there are no prints, the table shows No data found for this symbol. Largest Dark Pool By Ticker is one row per symbol for the whole session. Largest Single Dark Pool Trades ranks one print at a time. Dark Pool Sectors rolls the session into industry-group bars. Daily Dark Pool Amount plots one ticker's Amount (M) against Price by Date. Dark Pool Movers and Shakers is SPY Price versus running Buy Amount and Sell Amount. Dark Pool Net Flow is one ticker's Buy Amount versus Sell Amount plus Volume bars. Dark Pool Sentiment is Cumulative Net Amount (M) bars by Date. Block Trades Sentiment is Buy Premium (M) versus Sell Premium (M) by Date, plus Volume Sentiment. Dark Pool Flow is the all-ticker off-exchange tape. SPY Flow locks that tape to SPY. $1M+ Premium Dark Pool Flow keeps only million-dollar prints. $1M+ DP Volume Flow is the high dark-volume tape. Dark Pool Index (DIX) is a market-wide DIX % line, not a price map. Dark Pool Indicator (DPI) is a market-wide pressure ratio, not a price map. Bullish Dark Pool Net Premium ranks names by Net Premium. Bearish Dark Pool Net Premium ranks the same Net Premium figure from the most negative reading. DarkVol Leaders ranks names by DarkVol Ratio %. Live Flow is listed options prints.
How Dark Pool Top Levels works on EZPZ
Read the live price first, then Dark Pool Levels, then Top Levels. It is not a score. Most people start with the longest Amount bar, then check whether that same price sits in the donut center. Use the Price Chart when you want those prices on the session path. Use the table when you want Prints, Size, and Premium on one row. Then open a tape page if you want the prints behind a Level.
How this differs from ticker ranks and the tape
Largest Dark Pool By Ticker is one row per symbol for the session. This page stays on one ticker and stacks that name's prints by price. Use the ticker board when you do not already have a name. Use this page when you already have a ticker and you want where its dark size clustered. Largest Single Dark Pool Trades ranks one large order at a time. A price can lead Dark Pool Levels with many smaller prints and never show a single huge fill on that list. Dark Pool Sectors is Highest Premium Inflow and Highest Volume Inflow, then Premium vs Volume bars, not a price map. Daily Dark Pool Amount is Amount (M) versus Price by Date, not a price-level map. Dark Pool Movers and Shakers is SPY Price versus running Buy Amount and Sell Amount. Dark Pool Net Flow is one ticker's Buy Amount versus Sell Amount plus Volume bars. Dark Pool Flow is the live tape with TIME, PREMIUM, DARK RATIO, and DIRECTION. $1M+ Premium Dark Pool Flow and $1M+ DP Volume Flow still show tape rows with a size floor. SPY Flow is only SPY prints, not SPY price levels. Live Flow is options, not equity dark pool levels.
Search symbol, live price, and Unusual Trade
The top row answers which name you are on, what it last traded at, and which one large print the page is highlighting. There is no Filters drawer.
| Control | What you are looking at |
|---|---|
| Search symbol Go | Loads a ticker. Press Enter or click Go. The page starts on SPY until you search. |
| Unusual Trade | One large print on that ticker: Tick, Qty, Spot, and Amount, plus the timestamp on the right. |
Dark Pool Levels and Top Levels
Dark Pool Levels is the bar chart. Top Levels is the donut next to it. Both use the same ticker. The bars rank more prices. The donut keeps three.
- Price Level: The left axis on Dark Pool Levels. Each bar is one price where prints stacked.
- Amount (M): The bottom axis. Longer means more Amount Spent in at that price.
- Top Levels: The three prices with the most Premium. The number in the donut center is the largest of those three. The legend under the donut repeats those prices.
Price Chart, Dark Pool Level Annotations
The chart card is labeled Price Chart, Dark Pool Level Annotations. The white line is Price. Time is the bottom axis. Price Level is the left axis. The dashed lines are the same prices from Dark Pool Levels. High Level labels the price with the most Premium.
Volume Surge Trades Summary
This card is session context for the same ticker. It is not a second set of price levels.
| Panel | What you are looking at |
|---|---|
| On-Balance Dollar Volume | A running dollar total for the session. A huge number on a busy product is often just how that name trades. |
| Buy $ Volume vs Sell $ Volume | Share of estimated buy dollar volume versus sell dollar volume. It is a split, not proof of accumulation. |
| Dark Pool Volume Ratio | Dark Pool Volume Ratio versus Lit Exchange Volume Ratio. How much of the name's volume printed off exchange versus on the lit tape. |
Below that card, Daily Chart, Dollar Volume Trade Imbalance plots $ Buy Volume, $ Sell Volume, and $ Cumulative Volume over time. The chart title is Buy vs Sell Dollar Volume Over Time. Dollar Volume is the left axis.
Anatomy of a Level row
The table under the charts is one row per price. Read a row left to right: when that level last updated, then the price, then how much stacked there. The table starts sorted by Premium, high to low. Click a header to change the sort. Use Search when you want one Level in a long list.
These columns answer which price you are looking at, and when that row last moved.
| Column | What you are looking at |
|---|---|
| Date Time | When that level last updated. |
| Level | The price. This is the same Price Level on the bar chart and the dashed line on the Price Chart. |
These columns help you decide if the price is busy enough to spend time on.
| Column | What you are looking at |
|---|---|
| Prints | How many off-exchange prints stacked at that Level. A huge Premium with a small Prints count is chunkier than the same Premium across many fills. |
| Size | Share size added up at that price. |
| Premium | Notional stacked at that Level. This is the default sort, high to low. |
How people actually use it
Load a ticker you already watch
Search symbol, then Go. Note the live price against the longest Dark Pool Levels bar. A level far from spot is a different read than one sitting under the last print.
Match the donut to High Level
The donut center and High Level should name the same price. If they do, that is the busiest off-exchange price on the page. If the white line is nowhere near it, size printed there earlier.
Read Prints next to Premium
A high Premium with few Prints is chunkier. A high Premium with hundreds of Prints is a busy price, not one giant fill. Sort the table if you want that cut.
Open the tape next
This page is a price map, not a setup. Open Dark Pool Flow for prints, or SPY Flow if the ticker is SPY.