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HomeCA FinalstrategicfinancialmanagementDerivatives Analysis and Valuation › Open interest in a futures contract represents:

Open interest in a futures contract represents:

ACumulative volume traded over contract life
BThe open margin balance at the clearing house
CThe net long position of the largest market participant
DTotal number of contracts outstanding at any point
Answer & Solution
Correct answer: D. Total number of contracts outstanding at any point
1. Identify what the question asks: this concept maps to openinterest (§5.2.1). 2. Apply the framework or formula relevant to the topic. 3. Eliminate distractors and arrive at the correct option (D). _Source: ICAI BoS CA Final Paper 2, Ch 9 "Derivatives Analysis and Valuation"_
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