Open Interest


Open Interest
1. The total number of options and/or futures contracts that are not closed or delivered on a particular day.

2. The number of buy market orders before the stock market opens.

1. A common misconception is that open interest is the same thing as volume of options and futures trades. This is not correct, as demonstrated in the following example:

Open Interest


-On January 1, A buys an option, which leaves an open interest and also creates trading volume of 1.
-On January 2, C and D create trading volume of 5 and there are also five more options left open.
-On January 3, A takes an offsetting position, open interest is reduced by 1 and trading volume is 1.
-On January 4, E simply replaces C and open interest does not change, trading volume increases by 5.

Investment dictionary. . 2012.

Look at other dictionaries:

  • Open interest — (also known as open contracts or open commitments) refers to the total number of derivative contracts, like futures and options, that have not been settled in the immediately previous time period for a specific underlying security. A large open… …   Wikipedia

  • Open interest — bezeichnet die Summe aller offenen Positionen in einem Termin oder Optionskontrakt. Open interest steigt bei jeder Börsentransaktion, welche sowohl beim Käufer als auch beim Verkäufer eine neue offene Position erzeugt, um eins (A kauft erstmals… …   Deutsch Wikipedia

  • open interest — 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… …   Financial and business terms

  • Open interest — The total number of derivative contracts traded that not yet been liquidated either by an offsetting derivative transaction or by delivery. Related: liquidation * * * open interest ˌopen ˈinterest noun [uncountable] FINANCE in futures (= buying a …   Financial and business terms

  • open interest —  The number of outstanding futures contracts.  ► “Trading volume and open interest in options and futures contracts on stock indices, equities, and interest rate instruments traded on world exchanges have experienced remarkable growth.” (New… …   American business jargon

  • OPEN INTEREST — Фьючерсные контракты, которые еще не оплачены. Open interest равен общему числу длинных или коротких позиций, но не их комбинации …   Малая энциклопедия трейдера: глоссарий к книге

  • open interest —   Numero totale di contratti futures, aventi come sottostante un determinato titolo o una determinato bene, attualmente in essere. Ciò significa che nel calcolo dell open interest non si tiene conto dei contratti già liquidati o di quelli chiusi… …   Glossario di economia e finanza

  • open interest — noun The number of contracts outstanding between market participants in a futures market or other derivatives market …   Wiktionary

  • open interest — Fin options that have not yet been closed …   The ultimate business dictionary

  • open interest — noun : the total in physical units of outstanding long and short futures contracts on a commodity exchange …   Useful english dictionary


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