A friend asked me what was going on with $IDOL 's latest contract. I gave him a quick rundown:
“Open interest is up 29.56% over the past 24 hours, but the price has barely moved. That means both bulls and bears are adding to their positions, and it’s still too early to tell who’s right.”
Then he asked what he should do. I said I really couldn’t say for sure. I usually just watch and wait for the price to show a direction before deciding.
#IDOL
“Open interest is up 29.56% over the past 24 hours, but the price has barely moved. That means both bulls and bears are adding to their positions, and it’s still too early to tell who’s right.”
Then he asked what he should do. I said I really couldn’t say for sure. I usually just watch and wait for the price to show a direction before deciding.
#IDOL