Contract Data Guide

1. Open Interest and Trading Volume

Open Interest refers to the total open interest of all users within the period.

Trading Volume refers to the total executed volume of this contract within the period.

By looking at Open Interest and Trading Volume together, we can perceive the liquidation and closing volume in certain market. When the Trading Volume rises and the Open Interest falls, it means that a large number of contracts were closed or liquidated. If both Open Interest and Trading Volume rise, it means that the current market sentiment is greed and traders are enthusiastic about opening positions.

2. Taker Buy/Sell Volume

Taker Buy/Sell Volume also refers to capital inflow/outflow volume.

Large Taker Buy Volume shows that the market sentiment is greed. On the opposite, a large Taker Sell Volume shows that the market sentiment is fear, and many traders tend to short sell.

3. Long/Short Ratio (Account)

Long/Short Ratio (Account) represents the proportion of net long accounts to the net short accounts at a specific time, through which we can see the tendency of retail traders and top traders.

In each Futures market, the long position value is the same as the short position value. And because of that, when the Long/Short Ratio (Account) is 150% (meaning Long Account / Short Account = 1.5), we can see that there are less accounts with larger value in Long positions, signifying that these account might belong to top traders. Relatively, there are more accounts with smaller value in long positions, and they might belong to retail traders.

4. Top Trader Long/Short Ratio (Account)

Top Trader Long/Short Ratio (Account) represents the proportion of the net long positions to the net short positions of the top traders in this market. Top trader refers to the top 20% traders in terms of position amount in the current market, and each account is counted once without calculating the specific position volume.

In Futures trading, it's undeniable that compared to retail traders, top traders have better trading habits and sensitivity. Therefore, their tendency has a certain reference value for individual traders. However, it should be noted that some top traders and institutions use Futures contract as a hedging tool. You should refer to this data with your own thinking and use them wisely.