๐ Unusual moves by the big players | TRUMP's open interest has risen 21% in two days, while the price has only fallen 1.8%. What is this position betting on?
๐ Open interest (48H) +21.0%
Price (24H) -1.8%
Daily range 9.0%
Current price 2.381
๐ก Someone is already quietly building a position
The price hasnโt kept up with this move yet
While the broader market is rising, itโs down 0.084% instead, lagging by 4.2 percentage points
In the same batch of scans, USELESS and Q are moving too: one is squeezing positions while surging, and another is rising even as it falls
๐ฏ The position has already broken out first
Current price is stuck in the 2.307-2.514 range
Will the price slowly catch up to this wave of positioning, or will open interest reverse and contract?
โ ๏ธ Personal opinion shared here, not financial advice
$TRUMP $USELESS $Q
๐ Open interest (48H) +21.0%
Price (24H) -1.8%
Daily range 9.0%
Current price 2.381
๐ก Someone is already quietly building a position
The price hasnโt kept up with this move yet
While the broader market is rising, itโs down 0.084% instead, lagging by 4.2 percentage points
In the same batch of scans, USELESS and Q are moving too: one is squeezing positions while surging, and another is rising even as it falls
๐ฏ The position has already broken out first
Current price is stuck in the 2.307-2.514 range
Will the price slowly catch up to this wave of positioning, or will open interest reverse and contract?
โ ๏ธ Personal opinion shared here, not financial advice
$TRUMP $USELESS $Q