Understanding open interest is crucial for traders as it reveals the total number of futures contracts still open, indicating liquidity in play.
High open interest can signal a potential price move, while low open interest may indicate a lack of market participation.
What role do you think open interest plays in informing your trading decisions? #trading #education 💡
High open interest can signal a potential price move, while low open interest may indicate a lack of market participation.
What role do you think open interest plays in informing your trading decisions? #trading #education 💡