The contract is showing some activity. Open interest in contract $MASK moved +26% over 15 minutes, while the price rose 11.58%.
Rising open interest means traders are opening new positions; falling open interest means they’re closing positions. You can’t tell the direction from this alone. Keep enough balance so you don’t get liquidated by a single wick.
Rising open interest means traders are opening new positions; falling open interest means they’re closing positions. You can’t tell the direction from this alone. Keep enough balance so you don’t get liquidated by a single wick.