Attention, there’s a new market move: $TAC open interest increased 4.15% over 15 minutes and is currently about $4.9 million; the price rose 5.35% during the same period.
A change in open interest indicates funds flowing into or out of contracts. To determine whether positions are being opened or closed, and whether they’re long or short, you need to consider the price direction.
A change in open interest indicates funds flowing into or out of contracts. To determine whether positions are being opened or closed, and whether they’re long or short, you need to consider the price direction.