$HOT 1-hour contract open interest increased by 17.06%, with an open interest value of approximately $10.27 million; during the same period, the price rose 15.45%.
Let’s unpack what these numbers mean.
When both buyers and sellers open new positions, open interest increases; when both sides close positions, it decreases; when one side opens a position and the other closes one, open interest stays the same.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then look at what the signals are saying.
Let’s unpack what these numbers mean.
When both buyers and sellers open new positions, open interest increases; when both sides close positions, it decreases; when one side opens a position and the other closes one, open interest stays the same.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then look at what the signals are saying.