Open Interest
The total number of futures or options contracts of a given commodity that have not yet been offset by an opposite futures or option transaction nor fulfilled by delivery of the commodity or option exercise. Each opentransaction has a buyer and a seller, but for calculation of open interest, only one side of the contract is counted.
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About the Author (Author Profile)
GnosTICK is uniquely designed to provide traders access to innovative methods to take profits from the markets while controlling risk. The concept, methods and tools are outlined in an easy to understand step-by-step format. The GnosTICK methodology to trading the markets is based on odds and with the objective to keep the odds in your favor.
