@Wout888 what is open interest?

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Celsius Community

Vincent Arnault

@Wout888 what is open interest?

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12.06.2022

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Wouter

What is Open Interest: Open interest can be described as the number of open or outstanding derivatives contracts for a particular market. A derivatives contract is deemed “open” until the other side decides to close it, and the market’s open interest represents the sum of all the contracts from “opened” trades minus the closed or settled contracts. Identifying trading opportunities using both the volume and open interest metrics allow traders to more smoothly enter and exit markets at the best possible price.

0

12.06.2022

Vincent Arnault Автор вопроса

how can you see the oi trend. article says trending up/down. all i see is the current oi

0

12.06.2022

Klaus

Vincent Arnault
how can you see the oi trend. article says trendin...

https://coinalyze.net/celsius/usd/ftx/cel-perp/price-chart-live/ +add extra data. Not exactly what you’re asking, but Data is there. There is also a chat for savage CEL traders who are probably savage enough to kill my grandmother, so I’m keeping a fearful distance

0

12.06.2022

Vincent Arnault Автор вопроса

Klaus
https://coinalyze.net/celsius/usd/ftx/cel-perp/pri...

oh you mean it is an indicator. i found it

0

12.06.2022

Vincent Arnault Автор вопроса

Vincent Arnault
how can you see the oi trend. article says trendin...

looks like oi is more of a correlation than causation. shorts naturally close as price rises

0

12.06.2022

Wouter · Accepted Answer

Wouter

https://cryptopotato.com/crypto-trading-academy-what-is-open-interest-in-bitcoin-futures-and-how-traders-use-it/ Read this one for a clear explanation. Here they use BTC, but same for CEL

0

12.06.2022

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@Wout888 what is open interest?

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