$EPIC 15-minute contract open interest increased by 18.11%; the price rose 4.44% over the same period.
Let’s use this figure as a chance to talk about open interest.
Open interest refers to the total number of contracts that have not yet been closed in the market. It measures the size of open positions, not trading volume.
The higher the open interest, the greater the potential impact of contract positions on the price. A sharp move could trigger a cascade of liquidations.
The same data can mean very different things in different market conditions, so don’t apply a rule of thumb blindly.
Make your own decisions about when to enter and exit; don’t follow the crowd blindly.
Let’s use this figure as a chance to talk about open interest.
Open interest refers to the total number of contracts that have not yet been closed in the market. It measures the size of open positions, not trading volume.
The higher the open interest, the greater the potential impact of contract positions on the price. A sharp move could trigger a cascade of liquidations.
The same data can mean very different things in different market conditions, so don’t apply a rule of thumb blindly.
Make your own decisions about when to enter and exit; don’t follow the crowd blindly.