$AGT 15-minute contract open interest increased by 21.72%; prices rose 11.37% over the same period.
Let’s use these figures to talk about open interest.
Every increase in open interest means someone is going long while someone else is going short, so the idea that “a big increase in open interest is automatically bullish” is a common misconception.
If open interest rises but spot buying doesn’t follow, the market may be driven mainly by contract-based funds. Moves like this often happen quickly—and can reverse just as quickly.
All data describes past price movements; the market could turn in the opposite direction at any time.
Let’s use these figures to talk about open interest.
Every increase in open interest means someone is going long while someone else is going short, so the idea that “a big increase in open interest is automatically bullish” is a common misconception.
If open interest rises but spot buying doesn’t follow, the market may be driven mainly by contract-based funds. Moves like this often happen quickly—and can reverse just as quickly.
All data describes past price movements; the market could turn in the opposite direction at any time.