Everyone, the data for contract $S is pretty interesting 👀
The price is down 3.63%, but open interest is up 15.66% over the past 24 hours—that’s a price drop with rising open interest! It looks like the bears are taking the lead, but a crowded short position could also trigger a short squeeze!
Now that it’s fallen this far, what’s the first thing you look at?
The price is down 3.63%, but open interest is up 15.66% over the past 24 hours—that’s a price drop with rising open interest! It looks like the bears are taking the lead, but a crowded short position could also trigger a short squeeze!
Now that it’s fallen this far, what’s the first thing you look at?