Mish, I see what you're talking about, but I have no idea
what the heck it means. For what it's worth, I did some
quick math on the numbers. Overall, it's nearly a 50%
drop in open interest. Here are my calculations:
Previous Current Decrease % Decrease
===========================================================
Naz 100 103, 985 63,164 40,821 39%
E mini* 46,826 13,858 33,004 70%
===========================================================
Total 150,847 77,022 73,825 48.9%
*Note: I have stated E-Minis in terms of full Naz 100
positions, i.e., I have divided the raw E-Mini numbers by
five. |
