What does open interest (OI) mean? Don’t panic—your study buddy is here:
Every open contract has both a long and a short, so the total number of long positions and short positions in the market is always equal.
An increase in open interest only means that more positions are being taken in the contracts. It doesn’t tell you whether the bulls or bears are stronger, since every new position has both a long and a short.
Knowledge won’t make me rich overnight, but it can help me avoid a few pitfalls.
$BTC 81854（-1.04%）
Every open contract has both a long and a short, so the total number of long positions and short positions in the market is always equal.
An increase in open interest only means that more positions are being taken in the contracts. It doesn’t tell you whether the bulls or bears are stronger, since every new position has both a long and a short.
Knowledge won’t make me rich overnight, but it can help me avoid a few pitfalls.
$BTC 81854（-1.04%）