The total number of long option contracts outstanding at any given time is called the
A) market cap
B) sum options outstanding (SOO)
C) option wealth outstanding (OWO)
D) open interest
E) none of the above

Question

Quizplus · Accepted Answer

Open interest refers to the total number of long option contracts outstanding and is a commonly used term in options trading. A is incorrect because market cap is typically used to refer to the total value of a company's outstanding shares. B and C are not commonly used terms in options trading.

The Total Number of Long Option Contracts Outstanding at Any