Open Interest
Definition
The total number of futures or options contracts of a given commodity that have not yet been offset by an opposite futures or option transaction nor fulfilled by delivery of the commodity or option exercise. Each open transaction has a buyer and a seller, but for calculation of open interest, only one side of the contract is counted.
Related Terms Other terms related to 'Open Interest' starting with the letter 'O' Option Buyer, Offer, Offset, Out of the Money Option, Option Seller
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