The OI-to-Price Divergence: When Open Interest and Spot Disagree

Abstract

The level of open interest shows where positions sit. The change in open interest shows whether a price move is being funded by new positions or is only old positions repricing. When price and that change disagree, the move deserves less trust. AION Analytics research note. Canonical version: https://aionanalytics.in/research/notes/oi-price-divergence