What Is an Odd Lot Bond

An odd lot refers to an order amount for a security that is less than the normal unit of trading for an asset, which is typically 100 shares for stocks. … An odd lot order generally costs more due to higher commission levels and takes longer to complete than other orders.

Are Odd Lots bad?

Therefore, if odd lot sales are up and small investors are selling a stock, it is probably a good time to buy, and when odd-lot purchases are up, it may indicate a good time to sell.

Are odd lot purchases bullish?

An “odd lot” is a stock transaction of less than 100 shares. … Being a contrarian indicator, a high number of Odd Lot Purchases is generally considered bearish, whereas a high number of Odd Lot Sales is considered bullish.