$JCT ｜15-minute open interest +7.69%｜Price +29.18%
Before looking at positions, first understand open interest.
Open interest and trading volume are two different things: trading volume shows how much was traded during a given period, while open interest shows how many contracts are still open at that moment.
Open interest often falls rapidly after sharp rallies or drops, indicating that a significant amount of leverage has been flushed out. Sentiment may then sometimes ease.
The same reading can mean very different things in different market conditions, so don't apply a single rule blindly.
#JCT
Before looking at positions, first understand open interest.
Open interest and trading volume are two different things: trading volume shows how much was traded during a given period, while open interest shows how many contracts are still open at that moment.
Open interest often falls rapidly after sharp rallies or drops, indicating that a significant amount of leverage has been flushed out. Sentiment may then sometimes ease.
The same reading can mean very different things in different market conditions, so don't apply a single rule blindly.
#JCT
