What happens when a stock hits its LULD band?

If the price does not move back inside the band within 15 seconds, the primary listing exchange declares a trading pause of approximately 5 minutes across all markets trading that security.

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At what price would this stock trigger a Limit Up-Limit Down trading pause?

Q: At what price would this stock trigger a Limit Up-Limit Down trading pause?

Enter the reference price and security tier. Tier 1 stocks above $3 use a 5% band, Tier 2 stocks above $3 use a 10% band, and both use wider bands below $3, doubling in the last 25 minutes of trading for Tier 1 and low-priced Tier 2 stocks.

The market doesn't reward being right. It rewards managing being wrong, cheaply.

Jason Parker, Founder of Trading Habits

Enter the Reference Price

The live reference price is the average trade price over the preceding five minutes. Use the last trade price as a close approximation.

Your Result

Enter a reference price and tier on the left and click Calculate to see the upper and lower LULD bands.

How this is calculated

For stocks priced at $3.00 or more: Tier 1 uses a 5% band, Tier 2 uses a 10% band.
For stocks priced between $0.75 and $3.00: both tiers use a 20% band.
For stocks priced below $0.75: both tiers use the lesser of 75% or $0.15.
Between 3:35pm and 4:00pm ET, the percentage bands double for all Tier 1 securities, and for Tier 2 securities priced at $3.00 or below.
If the price stays outside the band and does not return within it within 15 seconds, the primary listing exchange declares a trading pause of 5 minutes across all markets in that security.
This tool applies the published LULD Plan percentage tiers to the price and tier you select. It does not know a stock's live reference price, which resets every 30 seconds off a rolling 5-minute average, or whether a pause is currently active.

Risk & liability disclaimer: This calculator applies the published Limit Up-Limit Down Plan price band percentages to the numbers you enter. It is not legal, regulatory, or financial advice, and it does not confirm live trading status for any security. Trading Habits is not a broker-dealer, registered investment adviser, or legal professional, and is not affiliated with the SEC, FINRA, any exchange, broker, or data provider. Verify live LULD status directly with your broker or exchange before trading around a potential pause.

At what price would this stock trigger a Limit Up-Limit Down trading pause?

Enter the Reference Price

Your Result

How this is calculated

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