🧮 $ERA 15-minute contract open interest rose 4.35%, with its value at approximately $6.38 million; the price rose +2.33% over the same period.
【Quick explainer】What does open interest actually tell us?
Open interest and trading volume are two different things: trading volume measures how much changed hands over a period of time, while open interest shows how many contracts are still open at the moment.
Don’t change your strategy based on a single indicator, and don’t gamble with borrowed money on a particular reading.