A lot has changed for $QNT over the past 11 days.

On October 2, open interest was around $190 million. By October 13, it had dropped to roughly $120 million.

That’s a decline of about 37%, with nearly $70 million wiped from outstanding derivatives positions.

Traders are closing positions, and it’ll be worth watching whether this leads to a reset or more volatility for QNT.

#CPIWatch