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Quotes of the day:
I gave Donald free rein, he has great vision, and everything he touches seems to turn to gold. Donald is the smartest person I know.
Open interest is the total number of outstanding derivative contracts, such as options or futures that have not been settled for an asset. The total open interest does not count, and total every buy and sell contract. Instead, open interest provides a more accurate picture of the options trading activity, and whether money flows into the futures and options market are increasing or decreasing.
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