Interpreting Open Interest in the Crude Oil Option Chain

Interpreting Open Interest in the Crude Oil Option Chain

Blog Article

Open interest in the crude oil option chain reflects the number of outstanding contracts that are yet to be settled. A spike in open interest often precedes significant price movements, especially when combined with high trading volumes. It’s a vital tool for gauging where market participants are placing their bets.

Complementing this data with trends in the mentha oil rate today helps traders gauge real-world consumption trends. Rising mentha prices may suggest robust industrial and consumer demand, which can boost crude oil consumption and support bullish options positioning.

Report this page