Currently, the open interest in the options market sits at $4.6 billion, which is lower than the previous yearly low of $5.9 billion from January 29th.

On Friday, $3 billion worth of open interest in the options market expired, equaling 43% of all the open interest in the options market at the time.

Currently, the open interest in the options market sits at $4.6 billion, which is lower than the previous yearly low of $5.9 billion from January 29th.

On Friday, $3 billion worth of open interest in the options market expired, equaling 43% of all the open interest in the options market at the time.

The open interest following the Friday expiry sat at $4.1 billion, which is the lowest open interest recorded since November 28th, 2020.

The open interest is currently down 69% from its peak of $14.8 billion on April 15th. However, keep in mind that April 15th was two weeks away from expiry. Thus, it’s a bit unfair to compare these two observations.

Nevertheless, the open interest is still considerably lower than it was just months earlier. Following the April 30th expiry, the OI still sat at $10.6 billion.

The large decline in the open interest in the options market is further evidence of a less fiery derivatives market.