$AGT |15-minute position +21.72%|Price +11.37%
Before discussing capital flows, first understand open interest.
An increase in open interest means new positions have been opened; a decrease means positions have been closed, either voluntarily or through forced liquidation.
If the price barely moves while open interest rises sharply, it means both sides are placing bets. A large price swing is usually more likely to follow, though its direction is uncertain.
Any data only describes price movements that have already happened. The price can turn in the opposite direction at any time.
Before discussing capital flows, first understand open interest.
An increase in open interest means new positions have been opened; a decrease means positions have been closed, either voluntarily or through forced liquidation.
If the price barely moves while open interest rises sharply, it means both sides are placing bets. A large price swing is usually more likely to follow, though its direction is uncertain.
Any data only describes price movements that have already happened. The price can turn in the opposite direction at any time.