The sum of open positions , open interest (from English open interest ) is a technical indicator , the value of which is equal to the number of current futures contracts, such as futures and options , which have not yet been calculated [1] .
For every buyer of the futures contract accounted for the seller. From the moment when the seller or buyer opens a position on the contract until the moment of settlement on it, the contract (position) is considered “open”.
Trading Strategies
The absolute value of the indicator indicates only the liquidity of the instrument in the market, but combinations of this indicator with others can provide important information about capital flow [1] .
Notes
- ↑ 1 2 Stephen B. Akelis. Open Interest // Technical Analysis from A to Z. A complete set of trading tools ... from the Absolute Width Index to Candlesticks = Technical Analysis from A to Z: Covers Every Trading Tool ... from the Absolute Breadth Index to the Zig Zag / Per. from English M. Volkova, A. Lebedeva. - M .: Diagram, 1999. - P. 148-149. - 376 s. - ISBN 978-5-902537-13-7 , 5-900082-05-09, GRNTI 06.73, BBK 65.526.