$WAL 1-hour open interest rose 14.7%, while the price increased 11.5%.
Open interest is clustered around a certain range, which is usually where the battle between bulls and bears is fiercest.
I don't try to guess the top or bottom; I adjust in the direction indicated by the structure.
Open interest is clustered around a certain range, which is usually where the battle between bulls and bears is fiercest.
I don't try to guess the top or bottom; I adjust in the direction indicated by the structure.