$DOOD 15-minute futures open interest increased by 9.77%, with a notional value of about $5.2 million; the price rose 3.77% over the same period.
Let’s use this data to talk about open interest.
An increase in open interest means new positions are being opened. A decrease means positions are being closed, either voluntarily or through forced liquidations.
A sharp change in open interest over a short period means traders are opening or closing positions in large volumes, and volatility often picks up afterward.
With leveraged positions, first consider whether you can handle the worst-case scenario, then think about what the indicators are saying.
#DOOD
NFA, DYOR.
Let’s use this data to talk about open interest.
An increase in open interest means new positions are being opened. A decrease means positions are being closed, either voluntarily or through forced liquidations.
A sharp change in open interest over a short period means traders are opening or closing positions in large volumes, and volatility often picks up afterward.
With leveraged positions, first consider whether you can handle the worst-case scenario, then think about what the indicators are saying.
#DOOD
NFA, DYOR.