Technical Notes | $MEW | 1-hour position +19.47% | Price +5.37%
First, the definition: Open interest is the total number of outstanding contracts in the market. It measures the number of contracts, not trading volume.
Next, how to read it: A sharp change in open interest over a short period indicates that traders are opening or closing positions in size, and volatility often increases afterward.
Leave enough room in your contract positions—don’t let a sudden swing wipe you out.
#MEW
First, the definition: Open interest is the total number of outstanding contracts in the market. It measures the number of contracts, not trading volume.
Next, how to read it: A sharp change in open interest over a short period indicates that traders are opening or closing positions in size, and volatility often increases afterward.
Leave enough room in your contract positions—don’t let a sudden swing wipe you out.
#MEW