{"slug":"held-vs-not-held-orders","qid":"vwap_gap_trace","label":"Distance from AAPL's daily VWAP to that morning's opening print","post_title":"Held vs Not-Held Orders: Broker Discretion","post_url":"/blog/held-vs-not-held-orders#q-vwap_gap_trace","columns":["session_date","vwap_minus_open_bps"],"rows":[{"session_date":"2026-06-15","vwap_minus_open_bps":64.3},{"session_date":"2026-06-16","vwap_minus_open_bps":111.2},{"session_date":"2026-06-17","vwap_minus_open_bps":-124.4},{"session_date":"2026-06-18","vwap_minus_open_bps":-1.5},{"session_date":"2026-06-22","vwap_minus_open_bps":45.9},{"session_date":"2026-06-23","vwap_minus_open_bps":-22.3},{"session_date":"2026-06-24","vwap_minus_open_bps":-16.9},{"session_date":"2026-06-25","vwap_minus_open_bps":-346.3},{"session_date":"2026-06-26","vwap_minus_open_bps":266.3}],"shape":"series","sql":"SELECT\n    toString(date)                                                AS session_date,\n    round(10000 * (toFloat64(max(vwap)) - toFloat64(max(open)))\n          / toFloat64(max(open)), 1)                              AS vwap_minus_open_bps\nFROM global_markets.stocks_daily_aggs\nWHERE ticker = 'AAPL'\n  AND date >= '2026-06-15'\n  AND date <= '2026-06-26'\n  AND open > 0\n  AND vwap > 0\nGROUP BY date\nORDER BY date","computed_at":"2026-08-12T16:09:28.381963+00:00","elapsed":0.002341675}