Chapter 04 · Section 4.1

Open Interest- Definition 2

The definition of open interest is the number of contracts outstanding at a specified point in time. What does that mean more precisely?

a) The total of open positions.
• b) The total of long positions.
  No. (b) is correct but this is not the only correct meaning.
  c) The total of short positions.
  d) b and c

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