Chapter 04 · Section 4.1
Open Interest- Definition 1
Which of the following is the best definition of the term open interest?
b) The total number of contracts bought during a day.
No. For open interest, all transactions that have been made up to a certain point in time count, not just those of one day.
c) The total number of contracts outstanding at the time specified.
d) The total number of contracts that have been bought up to the time specified.
e) The total number of contracts that have been sold up to the time specified.
a) The total number of contracts sold during a day.
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