The nearest expiration date for INTERGLOBE AVIATIO FUTURES is May 29, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell INTERGLOBE AVIATIO FUTURES before May 29, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For INTERGLOBE AVIATIO FUTURES this number is 150.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for INTERGLOBE AVIATIO FUTURES shows that traders are closing their positions, which means a weakening trend.