$BR 15-minute contract open interest rose 5.27%, with an open interest value of around $7.97 million; the price was up 25.02% over the same period.
Let’s use this figure to talk about open interest.
Open interest in futures contracts reflects the combined demand for speculation and hedging. Some positions are simply used to hedge spot exposure.
The higher open interest climbs, the more clearly contract positions can affect prices. A sharp move could trigger a cascade of liquidations.
Avoid placing orders during the most volatile few minutes. Wait for the price action to play out before deciding.
Just one person’s take—read it for what it is, not as advice.
Let’s use this figure to talk about open interest.
Open interest in futures contracts reflects the combined demand for speculation and hedging. Some positions are simply used to hedge spot exposure.
The higher open interest climbs, the more clearly contract positions can affect prices. A sharp move could trigger a cascade of liquidations.
Avoid placing orders during the most volatile few minutes. Wait for the price action to play out before deciding.
Just one person’s take—read it for what it is, not as advice.