What is Open Interest Simple & Easy

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Hi Friends,
Open Interest the most commonly asked question in the derivative segment. Here I try to explain it in an easy manner.
Open Interest can give you a broad outlook about what is happening behind the scenes,... whether the Bulls are marching forward or the Bears, whether the Bulls are retracting or the Bears are covering their shorts... in short, it can give you an insight into behind the scenes action.

Hope this helps you.
All the very best.

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