$CYBER 15 Open interest in minute contracts rose 7.86%, with a total value of about $8.68 million; prices rose 5.17% over the same period.
A newbie asks the essential question: What is open interest?
Contract open interest reflects both leverage and hedging demand; some positions are simply used to hedge spot-market risk.
Open interest changed, but my position is still zero—I’m just here watching from the sidelines.
The indicator may not be accurate, but stop-losses shouldn’t be skipped: thinking ahead about what to do if you’re wrong matters more than getting the prediction right.