$Q 15-minute contract open interest rose 1.79%; the price fell 0.79% over the same period.
Folks, what exactly does open interest tell us? Here's the short version👇
Contract open interest reflects the combined demand for leverage and hedging. Some positions are simply used to hedge spot risk.
When open interest changes rapidly in the short term, it means people are opening or closing positions in large numbers, and volatility often increases afterward.
Don’t place orders at the wildest moment of a move. Wait for the candlestick to settle before deciding.
#Q
Folks, what exactly does open interest tell us? Here's the short version👇
Contract open interest reflects the combined demand for leverage and hedging. Some positions are simply used to hedge spot risk.
When open interest changes rapidly in the short term, it means people are opening or closing positions in large numbers, and volatility often increases afterward.
Don’t place orders at the wildest moment of a move. Wait for the candlestick to settle before deciding.
#Q