Interesting observation on SP500 weekly options

Looking at the volume and OI in E-mini S&P500 weekly options - the volume is lower than EOD OI consistently.

Compared to Indian markets, where daily volume is much, much higher than OI:

Do we trade SO MUCH intraday?

Any reason why this may be? @nithin?

More the participants, more the trading. More the trading, bigger the market :partying_face:

More uninformed the traders, higher the losses. Higher the losses, sooner the exit :no_mouth: