$OP 15 rose by 2.64% in just minutes. Is there a chance it can keep climbing?
Trading volume reached 4.02 times the benchmark, and open interest was up 4.38% compared with the same period.
It is currently at the 71% level of the price range over the past 90 days; the amplitude over the past 30 days is 68%.
Price and open interest rose together, but an increase in open interest does not, by itself, distinguish between bullish and bearish positions.
Next to watch: whether trading volume can continue, and whether price can hold onto this round of gains; if volume shrinks and price pulls back, the rally has not continued.
Trading volume reached 4.02 times the benchmark, and open interest was up 4.38% compared with the same period.
It is currently at the 71% level of the price range over the past 90 days; the amplitude over the past 30 days is 68%.
Price and open interest rose together, but an increase in open interest does not, by itself, distinguish between bullish and bearish positions.
Next to watch: whether trading volume can continue, and whether price can hold onto this round of gains; if volume shrinks and price pulls back, the rally has not continued.