đ˘ Open interest in $SKL 15-minute contracts rose 23.76%; price rose +6.14% over the same period.
ăQuick explainerăWhat is open interest?
An increase in open interest means new positions are being opened. A decrease means positions have been closed, either voluntarily or through forced liquidation.
This tracks changes in the number of open positions. Price fluctuations alone do not change this figure, so it reflects actual opening and closing of positions.
Donât let a single number throw off your plan, and donât use borrowed money to test a reading.
#SKL
ăQuick explainerăWhat is open interest?
An increase in open interest means new positions are being opened. A decrease means positions have been closed, either voluntarily or through forced liquidation.
This tracks changes in the number of open positions. Price fluctuations alone do not change this figure, so it reflects actual opening and closing of positions.
Donât let a single number throw off your plan, and donât use borrowed money to test a reading.
#SKL