Every number on this site is scaled by open interest. A net position of 150,000 contracts is enormous in silver and a rounding error in SOFR, and even within one market it means something different once open interest has doubled. Raw contract counts are not comparable; shares of open interest are.
CFTC report week ending 2026-10-06 · positions are a Tuesday snapshot published the following Friday
Speculative categories ranked by distance from their own three-year average, across all ≈750 contracts. Crowding is not a timing signal — it is a measure of how much fuel an unwind would have.
| Market | Category | Net % of OI | Z-score | COT Index | This week |
|---|---|---|---|---|---|
|
UST BOND
CHICAGO BOARD OF TRADE
|
Leveraged Money | −10.0% | +2.42 | 94 | new longs entering |
|
UST 2Y NOTE
CHICAGO BOARD OF TRADE
|
Leveraged Money | −28.0% | +2.38 | 93 | long liquidation |
|
CRUDE OIL, LIGHT SWEET-WTI
ICE FUTURES EUROPE
|
Managed Money | −0.6% | +2.15 | 97 | new shorts entering |
|
SOYBEAN MEAL
CHICAGO BOARD OF TRADE
|
Managed Money | +32.5% | +2.13 | 99 | new shorts entering |
|
GASOLINE RBOB
NEW YORK MERCANTILE EXCHANGE
|
Managed Money | +27.8% | +2.12 | 100 | new longs entering |
|
BRAZILIAN REAL
CHICAGO MERCANTILE EXCHANGE
|
Leveraged Money | +20.4% | +2.05 | 96 | short covering |
|
SUGAR NO. 11
ICE FUTURES U.S.
|
Managed Money | +21.8% | +1.89 | 99 | new longs entering |
|
LEAN HOGS
CHICAGO MERCANTILE EXCHANGE
|
Managed Money | −14.0% | −1.89 | 6 | new longs entering |
|
RUSSELL E-MINI
CHICAGO MERCANTILE EXCHANGE
|
Leveraged Money | −24.8% | −1.70 | 8 | short covering |
|
CORN
CHICAGO BOARD OF TRADE
|
Managed Money | +17.7% | +1.70 | 89 | new shorts entering |