$BARD 15-minute contract open interest increased 40.22%, with the value of open positions at approximately $3.75 million; the price rose 18.81% over the same period.
Let's talk about what lies behind this number.
Contract open interest reflects both leverage and hedging demand; some positions are held solely to hedge spot exposure.
Rare readings usually signal greater volatility. At times like these, it's better to reduce your position rather than add to it.