CFTC · Commitments of Traders

Futures Positioning

Every week the CFTC publishes who holds long and short positions across U.S. futures markets — commodities, currencies, interest rates, equity indices and crypto. This tool turns that data into a clean view of how speculators and commercial hedgers are positioned. Informational only — positioning is not a forecast of price.

649

Markets

2026-10-13

Report Date

Since 2010

History

CFTC COT

Source

Screener Positioning Extremes Weekly Recap

Net Positioning

Long minus short contracts for each trader group. Shows who is betting which way, and by how much relative to total open interest.

COT Index

Where current net positioning sits within its 3-year range (0 = most net-short, 100 = most net-long). A quick read on how stretched positioning is.

Extremes

Markets where speculators are unusually crowded long or short. Widely watched as potential contrarian turning points — though this is debated.

Popular Markets

GoldMetals

+111,079

spec net · COT Idx 31

Neutral
SilverMetals

+5,735

spec net · COT Idx 25.8

Leaning Short
CopperMetals

+61,170

spec net · COT Idx 82.8

Leaning Long
Crude Oil (WTI)Energy

+7,854

spec net · COT Idx 99.5

Crowded Long
Natural GasEnergy

-126,156

spec net · COT Idx 12.2

Leaning Short
CornAgriculture

+230,877

spec net · COT Idx 74.5

Leaning Long
SoybeansAgriculture

+237,491

spec net · COT Idx 93.7

Crowded Long
Wheat (SRW)Agriculture

-33,038

spec net · COT Idx 66.3

Neutral
S&P 500 (E-mini)Equity Index

+507,109

spec net · COT Idx 29.3

Leaning Short
Euro FXFX

+131,917

spec net · COT Idx 6.3

Crowded Short
Japanese YenFX

+32,146

spec net · COT Idx 67.1

Neutral
10-Year T-NoteOther

+692,625

spec net · COT Idx 93.9

Crowded Long
BitcoinCrypto

-2,202

spec net · COT Idx 62

Neutral

Positioning Extremes

All
EnergyETHANOL T2 FOB INCL DUTYcrowded long · 100LivestockCME MILK IVcrowded long · 100EnergyPROPANE OPIS MT BELV NONTET FPcrowded long · 100EnergyPROPANE ARGUS FAR EAST MINIcrowded long · 100EnergyPROPANE OPIS CONWAY INWELL FPcrowded long · 100EnergyWTI FINANCIAL CRUDE OILcrowded long · 100AgricultureSUGAR NO. 11crowded long · 100EnergyPROPANE,OPIS MT B TET/AFEIcrowded long · 100RatesULTRA UST 10Ycrowded long · 100Equity IndexMICRO E-MINI RUSSELL 2000 INDXcrowded long · 100

Biggest Weekly Moves

All
RatesSOFR-3M+123,032AgricultureCORN-86,482CryptoNANO ETHER PERP STYLE-37,171RatesULTRA UST BOND+31,261Equity IndexMICRO E-MINI NASDAQ-100 INDEX-27,506EnergyNAT GAS ICE LD1-26,638FXNZ DOLLAR-22,437Equity IndexMSCI EM INDEX-21,806RatesUST BOND+21,564RatesSOFR-1M-20,437

Data is from the U.S. Commodity Futures Trading Commission's public Commitments of Traders (COT) reports. This is a data-visualization and educational tool showing historical trader positioning. It is not investment advice and is not a forecast of price. Positioning is not price — COT shows who held positions as of a past date and does not predict market direction; the popular idea of 'trading the COT' is widely debated. Figures reflect the prior Tuesday and are published Friday, so they are several days stale. Trader classifications come from self-reported CFTC Form 40 filings and can shift week to week. Category definitions differ across the Legacy, Disaggregated, and Financial Futures reports and are not directly comparable. A market drops off the report if it has fewer than 20 large traders. Historical values are never revised once published. Not affiliated with, authorized, or endorsed by the CFTC or any government agency.