Quick update from this segment’s comedian: $BULLA 15-minute contract open interest increased by 4.09%, with an open interest value of approximately $10.31 million; the price rose 4.81% over the same period.
Open interest moved, but my position is still zero—I’m just auditing the class.
A quick explainer: when both buyers and sellers open new positions, open interest increases; when both sides close positions, it decreases; when one side opens a position and the other closes one, open interest stays unchanged.
Keep enough margin for your contract positions, so one sudden move doesn’t wipe out your trade.
Open interest moved, but my position is still zero—I’m just auditing the class.
A quick explainer: when both buyers and sellers open new positions, open interest increases; when both sides close positions, it decreases; when one side opens a position and the other closes one, open interest stays unchanged.
Keep enough margin for your contract positions, so one sudden move doesn’t wipe out your trade.