I couldn’t understand the real concept of OI, plz help me
For example,
Jan 1st Friday, the fresh contract for this month opens,
Day 1-A buys 10,000(10 lot) @ 100 and B sells 2,000(2 lot) @ 90 =OI??
Day 2-C buys 4,000(4 lot) @ 105 and D sells 1,000(1 lot) @ 110 =OI?
All four created a new contract and waiting for their target to square off, if last thurday LTP-160, B,C and D squared off with prof/loss, but A placed sell order @160(10 lot), no one ready to buy , what happens??