Hi All,
Can anyone please tell me what exactly is open interest, What I understand is that open interest is the number of open positions left in the market on any given day but how does these open positions effect the market?
Like in yesterday's fall I read on CNBC TV-18.
"Nifty down 4.4%,OI up 4%."
What is the implication of this?
Thanks.
Can anyone please tell me what exactly is open interest, What I understand is that open interest is the number of open positions left in the market on any given day but how does these open positions effect the market?
Like in yesterday's fall I read on CNBC TV-18.
"Nifty down 4.4%,OI up 4%."
What is the implication of this?
Thanks.