{"product_id":"open-interest-vs-volume","title":"Open Interest vs Volume","description":"\u003cp\u003e\u003cb\u003eDistinguish option trading volume from open interest and check liquidity without assuming direction.\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eOpen Interest vs Volume is a 4-page PDF field guide. Contract activity, outstanding positions and liquidity checks.\u003c\/p\u003e\u003cp\u003e• Volume is today's activity: It counts contracts traded during the session, subject to vendor timing and corrections.\u003c\/p\u003e\u003cp\u003e• Open interest is outstanding: It is generally updated after clearing and does not show only new bullish positions.\u003c\/p\u003e\u003cp\u003e• The comparison is contextual: Volume above prior open interest can flag activity but not whether trades opened, closed or hedged.\u003c\/p\u003e\u003cp\u003e• Execution data still needs context: Strike, expiration, price, spread, stock move and catalysts all matter.\u003c\/p\u003e\u003cp\u003eAction checklist: Confirm data timestamp; Compare the same contract; Check prior-day open interest; Review execution near bid, ask or midpoint; Look for multi-leg relationships; Label identity and intent as unknown.\u003c\/p\u003e\u003cp\u003ePublic options data usually cannot establish beneficial owner or trade motive.\u003c\/p\u003e","brand":"SCRIPTMASTERLABS [Author]","offers":[{"title":"Digital PDF","offer_id":56394606084401,"sku":"SML-OPTIONS-009","price":19.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1008\/9385\/1953\/files\/open-interest-vs-volume.jpg?v=1789926336","url":"https:\/\/shop.scriptmasterlabs.com\/products\/open-interest-vs-volume","provider":"My Store","version":"1.0","type":"link"}