How Options Volume and Open Interest Impact Options Trading // Other Channel  and Account Update
Channel: Tiffany Trades Options
Date: 30/07/2020

Hey Traders!  In today's video I provide some overall updates, some account specific updates, and then get into discussing options volume and option interest.  I also give you an overview of stocks that have high, medium, or low categories of volume and open interest. 

Open interest and volume help you determine a stock option's liquidity, which will in turn ensure you get into and out of trades at a fair price and faster.

Open interest are the number of contracts outstanding for that particular strike, and volume is the total number of contracts traded per day.   These numbers are important because the higher they are, the more buyers and sellers there are.  

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Stay up to date with my trades - Tiffany Trades Options Trade Journal: https://docs.google.com/spreadsheets/d/1WA6U9Z6czsMJYY5301jLsHZ2s_SKbPkHR8VRrwpjHn4/edit?usp=sharing

Here is Trade Journal Template For You to Steal: https://docs.google.com/spreadsheets/d/1ogm4ZoO7vw8iGik1OH8IPbinAwn_nBOEbgAFBYo1oxk/edit?usp=sharing

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This video is for educational and entertainment purposes only, and nothing I say in this video should be construed as financial advice or a recommendation by me to buy or sell any sort of security of investment, or open an account with any specific brokerage firm.

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