$SHELL futures open interest was reported near $3.8 million around October 26, with relatively small liquidations.
Open interest measures outstanding contracts, not the number of traders who are bullish or bearish. Stable or falling OI does not automatically prove accumulation or capital leaving the market. Price action, volume and liquidity are needed to interpret the broader picture.
#OpenInterest #FuturesTrading #MarketStructure DerivativesEducation
Open interest measures outstanding contracts, not the number of traders who are bullish or bearish. Stable or falling OI does not automatically prove accumulation or capital leaving the market. Price action, volume and liquidity are needed to interpret the broader picture.
#OpenInterest #FuturesTrading #MarketStructure DerivativesEducation
