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 2026-08-11 · 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 |
|---|---|---|---|---|---|
|
NASDAQ MINI
CHICAGO MERCANTILE EXCHANGE
|
Leveraged Money | −31.5% | −2.68 | 0 | long liquidation |
|
EURO FX
CHICAGO MERCANTILE EXCHANGE
|
Leveraged Money | −7.6% | −2.35 | 3 | new shorts entering |
|
UST 2Y NOTE
CHICAGO BOARD OF TRADE
|
Leveraged Money | −31.1% | +2.25 | 98 | long liquidation |
|
CRUDE OIL, LIGHT SWEET-WTI
ICE FUTURES EUROPE
|
Managed Money | −1.1% | +2.25 | 98 | new shorts entering |
|
NZ DOLLAR
CHICAGO MERCANTILE EXCHANGE
|
Leveraged Money | −34.6% | −2.21 | 0 | long liquidation |
|
WHEAT-HRW
CHICAGO BOARD OF TRADE
|
Managed Money | +8.4% | +2.05 | 88 | long liquidation |
|
SOFR-3M
CHICAGO MERCANTILE EXCHANGE
|
Leveraged Money | −19.4% | −2.00 | 9 | new shorts entering |
|
LEAN HOGS
CHICAGO MERCANTILE EXCHANGE
|
Managed Money | −9.2% | −1.85 | 11 | new shorts entering |
|
RUSSELL E-MINI
CHICAGO MERCANTILE EXCHANGE
|
Leveraged Money | −22.7% | −1.65 | 15 | new shorts entering |
|
WHEAT-HRSpring
MIAX FUTURES EXCHANGE
|
Managed Money | +12.1% | +1.63 | 73 | short covering |