Glossary/Frequently Used Terms

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OI -  PI - OPTIONS OPEN INTEREST : #NUMBER OF CONTRACTS OPEN AT THE SPECIFIC STRIKE PRICE & DATE
ORB -  Opening Range Breakout. An Opening Range Breakout is defined as a trade taken at abreakout above or below a bracket of the first 30 minute range
ORH -  Opening range high.  A short term price pivot represented by the highest price during the first 5-30mins of trading.  It's used in the ORB trading strategy.
ORL -  Opening range low.  A short term price pivot represented by the price level during the first 5-30mins of trading.  It's used in the ORB trading strategy.