Questions tagged [open-interest]

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Open Interest on Stocks

According to the first bullet point in this explanation, "In the stock market, open interest is the number of buy orders submitted before the market opens. When the open interest is high, people ...
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If every buyer in a futures contract has a corresponding seller, how can open interest ever be an odd number? [closed]

I'm new to trading so pardon the entry-level question: Here's a screenshot of today's settlement for the September 2021 S&P futures contract on the Chicago Mercantile Exchange: The prior day's ...
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Who hedges (more): options seller or options buyer?

When the open interest increases, this means that there is a buyer and a seller of that option. Both seller and buyer are behooved to hedge their positions, with the opposite sign; but I doubt that ...
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ICE futures settlement prices change with zero volume and zero OI

I found that all of the electricity futures prices (on ICE) at a particular hub changed on December 2, even though a) most had zero open interest and zero volume, and b) the quoted prices are EOD ...
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Futures short interests vs open interests

I came across this article talking about "short interests" in VIX futures. My question is what does "short interest" even mean here? My understanding is that the futures are not "issued" (opposite ...
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Large Differences in Open Interest between Similar Strikes

Consider the image attached, showing a part of the options chain for the NDX expiring July 20. What can possible explain such large differences in Open Interest across similar strikes, e.g. 818 at 7,...
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call vs put open interest

I have been observing the data for US stock options. In general, it seem like there are more open interest for call rather than for put, is there a reason people like to write more call? at the ...
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to interpret open interest

I am interested to ask about how to interpret option open interest. For small cap stock options, it makes sense to see open interest as liquidity. On the other hand, for big name stock options where ...
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Open Interest on Options on Futures

Is there anywhere that reports open interests or the max pain on futures such as Crude (CL), Natural Gas (NG), or E-Minis (ES)? I cannot seem to find this data, though I have seen it listed on trading ...
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Open interest and short selling

Open interest of SPY: https://finance.yahoo.com/q/op?s=SPY+Options If someone sell short a contract the open interest adds up or down? The open interest on yahoo finance is a reliable Information of ...
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VIX Futures data: why happen to have settle price > 0 and Volume = O.I. = 0

This question is about something observed hands on data that makes me a little confused. Consider the term structure of futures on VIX of Monday, December 27, 2010. You can find it at the CFE market ...
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3 answers
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Estimate reasonable trade sizing based on daily volume

Let's assume we have data for daily volumes traded on some asset (and open interests as well). Now if we are planning to make a trade we don't want to fat-finger it and want it to be of a reasonable ...
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changes in open interest vs changes in underlying volume

Has a relationship been noted? Mostly, I'd like to know if the open interest increases on an underlying, does the underlying usually see increased trading? My guess would be "yes" since MMs can ...
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how to define liquidity in equity, index, and etf options

i've heard several ways to put a metric on liquidity of options.. obviously liquidity isn't a constant.. things like the Bid/Asks spread, liquidity of the underlying.. Trying to find a way to ...
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11 votes
4 answers
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Can the futures market's open interest predict commodity, treasury, and equity returns?

I came across this article and became curious. Can the futures market's open interest really predict market action?
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