Comment on Open Interest, MaxPain & Put Call Ratio(PCR)
Nitin Ji,
I was going through an article on OI, and found undermentioned line, but could not get it, kindly illustrate if possible
“One complication involved when looking at the overall level of open interest in a futures market is the impact of deliveries. In a physically-delivered commodity, when delivery ultimately takes place the contract that has been delivered is no longer included in the overall open interest tally ”
thank u.