My mom saw me frowning at the screen. “What’s wrong now?”
Me: “Nothing. $JCT 24-hour contract open interest is up 19%, while the price is down 11.49%. Open interest is rising and the price is falling, so I’m looking into it.”
“What did you figure out?”
“Probably that the bears are adding to their positions. But if the shorts get too crowded, they could get squeezed.”
“So did you buy?”
“No, I’m just researching. I’m still an intern when it comes to placing trades.”
#JCT
Me: “Nothing. $JCT 24-hour contract open interest is up 19%, while the price is down 11.49%. Open interest is rising and the price is falling, so I’m looking into it.”
“What did you figure out?”
“Probably that the bears are adding to their positions. But if the shorts get too crowded, they could get squeezed.”
“So did you buy?”
“No, I’m just researching. I’m still an intern when it comes to placing trades.”
#JCT
