🗒️ Latest data: $WAL ｜15-minute open interest +6.05%｜price +4.34%
· Meaning: Open interest is not the same as capital flows. An increase in open interest only means there are more open positions in the contracts; it doesn’t tell you where the money is coming from or which direction it’s going.
· How to read it: A new high in open interest is not inherently bullish or bearish. It only means more positions have been opened, and the disagreement between the two sides is more intense.
Calculating position size based on your stop-loss distance is much more reliable than guessing.
· Meaning: Open interest is not the same as capital flows. An increase in open interest only means there are more open positions in the contracts; it doesn’t tell you where the money is coming from or which direction it’s going.
· How to read it: A new high in open interest is not inherently bullish or bearish. It only means more positions have been opened, and the disagreement between the two sides is more intense.
Calculating position size based on your stop-loss distance is much more reliable than guessing.