Hence if I see a huge order on bid side, I used to sell some lots and immediately scalp off a a couple ticks. (quant.stackexchange.com)
So now you can sell the ETF down more than 1 % because although NAV moved only 1 %, the bid side dropped more. (businessinsider.com)
If any bond you wanted to sell is either offered only, or down more than a point on the bid side, but HYG or JNK have barely budged, you sell them. (businessinsider.com)