The ________ is the total number of contracts of a particular option that have been written and not yet closed.
A)market interest
B)open interest
C)turnover
D)local turnover
E)volume

Question

Quizplus · Accepted Answer

Open interest refers to the total number of contracts of a particular option that have been written and remain outstanding, i.e., not yet closed through a sale or expiration. It is a measure of the activity and liquidity of the options market and can provide insights into the sentiment and expectations of traders and investors. The other options listed are related to trading activity, but not specifically to open interest.

The ________ Is the Total Number of Contracts of a Particular