$IDOL Contract data breakdown: Over 24 hours, open interest fell 10.22%, while the price rose 6.15%. The value of open interest is approximately $25.69 million.
Who is more passive? It may be the shorts here—open interest falling as the price rises looks more like short positions covering and exiting. Once the covering is over, if no new longs enter, the rally may fizzle out.
#IDOL
For reference only. You are responsible for your own profits and losses.
Who is more passive? It may be the shorts here—open interest falling as the price rises looks more like short positions covering and exiting. Once the covering is over, if no new longs enter, the rally may fizzle out.
#IDOL
For reference only. You are responsible for your own profits and losses.