$CLANKER Open interest falls as price rises: Over the past 24 hours, open interest is down 13.54%, while the price is up 7.96%. Open interest is worth $6.05 million.
The rise is probably driven mostly by short covering, rather than new long positions. Whether it lasts depends on whether fresh capital steps in. How would you respond if the market reverses from here?
Just chatting—you're responsible for your own gains and losses.
The rise is probably driven mostly by short covering, rather than new long positions. Whether it lasts depends on whether fresh capital steps in. How would you respond if the market reverses from here?
Just chatting—you're responsible for your own gains and losses.
