⚠️ $JCT 15-minute open interest surged 4.21%👀
Hold on—understand open interest before you act👇
Every open contract has both a long and a short position, so open interest itself can't distinguish between bullish and bearish positions. Across the entire market, the number of long positions always equals the number of short positions.
If the price barely moves while open interest rises sharply, it means both longs and shorts are adding positions. A larger price swing is usually more likely afterward, but the direction is uncertain.
Calculate your position size based on the distance to your stop-loss. It's much more reliable than placing trades based on gut feeling.
Hold on—understand open interest before you act👇
Every open contract has both a long and a short position, so open interest itself can't distinguish between bullish and bearish positions. Across the entire market, the number of long positions always equals the number of short positions.
If the price barely moves while open interest rises sharply, it means both longs and shorts are adding positions. A larger price swing is usually more likely afterward, but the direction is uncertain.
Calculate your position size based on the distance to your stop-loss. It's much more reliable than placing trades based on gut feeling.