Volatility Update 📡$MAGMA 15-minute open interest rose 10.29%, currently at about $5.76 million; price rose 14.01% over the same period.
When the price barely moves but open interest swings sharply, it often means both bulls and bears are adding positions, which may be followed by a sharp move.
When the price barely moves but open interest swings sharply, it often means both bulls and bears are adding positions, which may be followed by a sharp move.