Open Interest Data For Identifying Powerful Stock Trends
Open Interest Data For Identifying Powerful Stock Trends
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Open Intrest 📊Open Interest (OI) refers to the total number of outstanding or open contracts (either futures or options) that have not been settled or closed by offsetting positions. It indicates the level of market activity and participation in a particular asset or market. An increase in open interest suggests that new contracts are being created, showing growing interest, while a decrease implies that traders are closing their positions, reducing market activity. Open interest is a key metri
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