Data alert: Open interest rose 10.5% over 15 minutes ($MAGMA ).
A decrease in open interest usually means positions are being closed, while an increase means new money is entering. The price action that follows can differ significantly. In the same market, are you more worried about missing out or getting stuck holding the bag?
A decrease in open interest usually means positions are being closed, while an increase means new money is entering. The price action that follows can differ significantly. In the same market, are you more worried about missing out or getting stuck holding the bag?
