Glossary/ Options
Options
Open interest
The number of contracts currently outstanding. Rising open interest means new positions are being created rather than closed.
Where this comes up
Lessons that use the term in context, which is usually more useful than the definition on its own.
- Expiry day mechanics — Settlement, exercise and what actually happens at the close.
Nearby terms
Payoff diagram · Premium · Put option · Rollover · Spread (strategy) · Strike