A lighter take: $ZEC 15-minute contract open interest rose 4.62%; the price was up 0.54% over the same period.
Open interest changed, but my position is still zero—I’m just watching from the sidelines.
On a more serious note, open interest reflects the overall size of positions in the contract. The higher it is, the more positions could be liquidated when prices swing sharply.
Don’t place an order at the fastest moment of a move. Wait for the candlestick to close and settle before deciding.
Open interest changed, but my position is still zero—I’m just watching from the sidelines.
On a more serious note, open interest reflects the overall size of positions in the contract. The higher it is, the more positions could be liquidated when prices swing sharply.
Don’t place an order at the fastest moment of a move. Wait for the candlestick to close and settle before deciding.