Volume & Open Interest by Paul Kogut
They may be the most overlooked metrics in a trader’s toolbox, but understanding them can give you an insight into the psychological makeup of the market. Here’s how.
There’s more to volume and open interest than the values you see displayed on a chart. If you add one more component to the mix, you can bring some subjectivity into your interpretation that’ll give you a unique perspective into the mentality of buyers and sellers in the futures market...