Definition
The first price a market posts for a game, before public and professional money reshape it. The distance between the opener and the current or closing number is what line movement, steam and RLM signals are measured from.
Related terms
- Closing Line — The final price right before kickoff — the day’s sharpest number and the benchmark for CLV.
- Line Movement — How a price shifts from the opening line to the close as money comes in. The basis for CLV and steam/RLM signals.