Candlestick Chart

What Is Open Interest (OI)?

Options data can provide many useful insights about the market. It is even possible to gauze market direction with predictable accuracy. How is it possible? Here is how you can estimate market direction with options data. How can we predict market direction with Open Interest? However, before that, it is important to understand the basic concept. Understanding Open Interest (OI) Open Interest (OI) tells you how many options contracts are outstanding in ...

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