What is Open Interest

What is Open Interest

What is Open interest

Open Interest is a term that every futures and options trader comes across. In fact, open interest data is very important to find the stock or market direction. A trader in the stock market must be aware of the term. Moreover, by understanding the concept of open interest the trader can make higher returns. To put it another way, open interest helps in determining the momentum of the market. In this article, we shall understand the term open interest.

What is Open interest

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