$EVAA 15-minute contract open interest rose 4.16%; the price rose 2.81% over the same period.
Let’s break down what this number means.
Open interest represents the size of outstanding contract positions: the higher it is, the more positions could potentially be liquidated if prices swing sharply.
The same reading can mean very different things in different market conditions, so don’t apply a single rule blindly.
The data comes from public sources; be sure to verify it yourself.
Let’s break down what this number means.
Open interest represents the size of outstanding contract positions: the higher it is, the more positions could potentially be liquidated if prices swing sharply.
The same reading can mean very different things in different market conditions, so don’t apply a single rule blindly.
The data comes from public sources; be sure to verify it yourself.