A worker sneaking a peek at the market sees: open interest in $PIXEL 1-hour contracts increased by 11.24%, with the value of open positions at about $5.15 million; the price rose 4.78% over the same period.
Open interest changed, but my position is still zero—I’m just an outside observer.
A quick explainer: Open Interest refers to the total number of outstanding contracts in the market. It counts contracts, not trading volume.
All indicators merely describe price movements that have already happened; the market can move in the opposite direction at any time.
These are just opinions for discussion. Trade at your own risk.
Open interest changed, but my position is still zero—I’m just an outside observer.
A quick explainer: Open Interest refers to the total number of outstanding contracts in the market. It counts contracts, not trading volume.
All indicators merely describe price movements that have already happened; the market can move in the opposite direction at any time.
These are just opinions for discussion. Trade at your own risk.