$RSR Five-minute contract open interest rose 13.81%; price increased 7.57% over the same period.
Everyone, what is open interest? Here’s the short version 👇
Contract open interest represents the combined demand for speculation and hedging. Some positions are simply used to hedge spot exposure.
Open interest often drops rapidly after sharp rallies or sell-offs, indicating that some leverage has been flushed out. Short-term volatility may then cool off.
Extreme readings usually mean greater volatility. At times like these, it’s better to reduce leverage rather than make a big bet.
#RSR
Everyone, what is open interest? Here’s the short version 👇
Contract open interest represents the combined demand for speculation and hedging. Some positions are simply used to hedge spot exposure.
Open interest often drops rapidly after sharp rallies or sell-offs, indicating that some leverage has been flushed out. Short-term volatility may then cool off.
Extreme readings usually mean greater volatility. At times like these, it’s better to reduce leverage rather than make a big bet.
#RSR
