Simply, ‘open’ is not connect to anything, i.e. the collector/drain is just connected to the I.C. pin.

An open collector/drain can be wired together.
External loads can be connected to these pins.
Simply, ‘open’ is not connect to anything, i.e. the collector/drain is just connected to the I.C. pin.

An open collector/drain can be wired together.
External loads can be connected to these pins.