$STRK 1-hour futures open interest increased by 5.29%, with an open interest value of approximately $33.01 million; meanwhile, the price fell 3.07%.
Hey everyone, what is open interest? Here’s the quick explanation 👇
Futures open interest reflects both leverage and hedging demand. Some positions are simply used to hedge spot exposure.
Open interest often drops sharply after periods of intense volatility, indicating that a lot of leverage has been flushed out. Short-term volatility may sometimes ease as a result.
Leave some room when positioning in futures—don’t let a single wick liquidate your position.