Commitment of Traders Dashboard
CFTC weekly report · Report Date: 2026-10-20
How to Read COT Data
Speculators (Non-Commercial)
Hedge funds, CTAs, and momentum traders. They follow trends and amplify moves. When their positioning reaches extremes, it often signals the trend is crowded and vulnerable to reversal.
Commercials (Hedgers)
Producers, refiners, and consumers who use futures to hedge their business. They tend to be contrarian — selling into rallies and buying dips. At extremes, they're historically on the right side.
The Percentile Bar
Shows where current speculator positioning ranks vs. the past 3 years. Above 80% = historically bullish, below 20% = historically bearish. Extremes (top/bottom 10%) are the highest-signal readings.
What To Watch For
The best signals come from extreme positioning + divergence: when speculators are max long but commercials are max short, it often precedes a reversal. The weekly change shows who's adding or liquidating.
52 / 71
NET BULLISH
52 Bullish Extremes ·
18 Bearish Extremes
Speculator positioning across 71 futures markets. Extremes = top/bottom 10th percentile over 3 years.
Explore by Asset Class
₿
6 markets
Crypto
4 bullish ·
2 bearish
Top mover: Micro Bitcoin
+855
⛽
5 markets
Energy
2 bullish ·
1 bearish
Top mover: WTI Crude Oil
-11,018
🥇
8 markets
Metals
8 bullish ·
0 bearish
Top mover: Copper
-11,123
🌾
15 markets
Agriculture
12 bullish ·
3 bearish
Top mover: Corn
-71,678
🐄
5 markets
Livestock
4 bullish ·
1 bearish
Top mover: Lean Hogs
+5,057
💱
11 markets
Currencies
9 bullish ·
2 bearish
Top mover: British Pound
+26,544
🏦
9 markets
Rates
3 bullish ·
6 bearish
Top mover: Fed Funds
+227,102
📈
12 markets
Indices
7 bullish ·
4 bearish
Top mover: Micro E-Mini NASDAQ
+23,487
Trader Breakdown
Latest disaggregated positioning from CFTC — net contracts by trader category.
₿
Crypto
→
| Market | Dealer/Intermediary | Asset Manager | Leveraged Funds | Other Reportable |
|---|---|---|---|---|
| Bitcoin | 1,392 ▼-449 | 2,999 ▼-643 | -4,942 ▲+902 | 244 ▲+84 |
| Ether | 7,550 ▼-750 | -1,306 ▼-635 | -5,128 ▲+1,155 | -1,396 ▲+157 |
| Micro Bitcoin | 4,355 ▲+452 | 1,390 ▼-908 | -13,446 ▲+461 | 3,208 ▲+118 |
| Micro Ether | 7,855 ▼-1,408 | -809 ▲+165 | -25,354 ▲+301 | 16,808 ▲+778 |
| Solana | 2,441 ▲+222 | 102 ▲+11 | -2,818 ▼-220 | 167 ▲+61 |
| XRP | -519 ▼-175 | 264 ▼-150 | 273 ▲+318 | 0 — |
⛽
Energy
→
| Market | Producer/Merchant | Swap Dealer | Managed Money | Other Reportable |
|---|---|---|---|---|
| WTI Crude Oil | 359,568 ▲+6,425 | -475,726 ▲+2,752 | 36,187 ▼-4,387 | 53,138 ▼-6,631 |
| Brent Crude | -41,220 ▼-5,114 | 70,936 ▲+142 | 2,849 ▲+146 | -37,692 ▲+4,083 |
| Natural Gas | -13,154 ▼-2,273 | 236,123 ▲+6,404 | -157,409 ▼-30,928 | -83,863 ▲+23,234 |
| RBOB Gasoline | -83,962 ▲+9,894 | 2,918 ▼-949 | 93,712 ▼-4,196 | -24,123 ▼-1,676 |
| Heating Oil | -82,696 ▲+2,579 | 52,299 ▲+304 | 13,313 ▲+1,239 | -285 ▼-2,964 |
🥇
Metals
→
| Market | Producer/Merchant | Swap Dealer | Managed Money | Other Reportable |
|---|---|---|---|---|
| Gold | -14,783 ▲+3,654 | -220,799 ▲+3,295 | 104,206 ▼-2,883 | 95,659 ▼-5,131 |
| Silver | -15,029 ▲+772 | -22,147 ▲+1,494 | 3,505 ▼-2,114 | 16,290 ▼-722 |
| Copper | -77,406 ▲+13,060 | 13,110 ▼-719 | 47,690 ▼-13,368 | 9,707 ▲+2,245 |
| Platinum | -5,743 ▲+1,911 | -9,951 ▼-1,316 | 6,589 ▼-454 | 6,573 ▲+643 |
| Palladium | 1,613 ▲+695 | 6,510 ▲+333 | -11,994 ▼-1,295 | 2,861 ▲+240 |
| Steel HRC | -20,983 ▲+863 | 13,265 ▲+620 | 8,333 ▲+1,970 | -881 ▼-3,372 |
| Aluminum MW Premium | -13,651 ▼-127 | 14,806 ▲+76 | -493 ▲+60 | -539 ▼-20 |
| Lithium Hydroxide | -2,511 ▼-69 | 9,155 ▲+768 | 1,596 ▲+513 | -7,985 ▼-1,149 |
🌾
Agriculture
→
| Market | Producer/Merchant | Swap Dealer | Managed Money | Other Reportable |
|---|---|---|---|---|
| Corn | -528,744 ▲+71,745 | 267,664 ▼-5,867 | 164,423 ▼-82,002 | 122,266 ▲+10,324 |
| Soybeans | -287,435 ▲+15,543 | 65,797 ▲+8,558 | 221,325 ▼-28,482 | 25,271 ▲+3,979 |
| Wheat SRW | -40,646 ▲+14,379 | 70,428 ▲+527 | -52,005 ▼-19,450 | 22,735 ▲+7,786 |
| Wheat HRW | -77,928 ▲+7,616 | 79,119 ▲+1,978 | 7,490 ▼-9,855 | -5,163 ▲+2,381 |
| Wheat HRS | -12,557 ▲+7,235 | 7,919 ▲+452 | 4,193 ▼-5,344 | 900 ▲+519 |
| Oats | -1,834 — | 0 — | 1,298 — | -266 — |
| Canola | -44,046 ▲+35,827 | -17,213 ▼-759 | 86,618 ▼-21,987 | -24,944 ▼-12,953 |
| Coffee | -27,083 ▼-8,019 | 5,320 ▲+508 | 22,337 ▲+7,067 | -2,205 ▼-471 |
| Cocoa | -25,638 ▼-2,597 | 31,001 ▲+904 | -8,821 ▲+3,100 | 1,744 ▼-1,441 |
| Sugar | -391,175 ▼-5,184 | 104,611 ▲+5,810 | 264,530 ▲+4,981 | -35,714 ▼-3,139 |
| Cotton | -141,041 ▲+3,764 | 40,204 ▼-3,155 | 60,598 ▲+2,573 | 33,923 ▼-2,359 |
| Orange Juice | -1,231 ▼-31 | 843 ▲+140 | -1,035 ▲+138 | 1,272 ▼-373 |
| Lumber | 5,382 ▼-163 | -204 ▲+19 | -5,937 ▲+321 | 427 ▼-70 |
| Soybean Meal | -348,018 ▲+6,725 | 118,808 ▲+3,655 | 200,878 ▼-3,765 | 5,122 ▼-7,537 |
| Soybean Oil | -185,746 ▲+26,819 | 92,353 ▲+3,955 | 71,518 ▼-16,454 | 10,109 ▼-11,242 |
🐄
Livestock
→
| Market | Producer/Merchant | Swap Dealer | Managed Money | Other Reportable |
|---|---|---|---|---|
| Live Cattle | -95,279 ▼-3,352 | 72,284 ▼-78 | 51,102 ▲+2,884 | -20,372 ▲+1,520 |
| Feeder Cattle | -3,720 ▼-184 | 7,006 ▼-61 | 10,910 ▲+1,571 | -11,397 ▼-841 |
| Lean Hogs | -4,162 ▼-2,773 | 80,175 ▼-88 | -46,813 ▲+1,804 | -29,917 ▲+3,253 |
| Milk Class III | 8,903 ▼-1,740 | 4,727 ▼-192 | -8,030 ▲+851 | -3,465 ▲+759 |
| Cheese | 5,792 ▲+1,404 | 5,630 ▼-190 | -3,052 ▲+96 | -8,898 ▼-1,259 |
💱
Currencies
→
| Market | Dealer/Intermediary | Asset Manager | Leveraged Funds | Other Reportable |
|---|---|---|---|---|
| Euro FX | -155,718 ▲+9,045 | 190,421 ▼-9,497 | -68,840 ▼-839 | 4,508 ▼-1,990 |
| British Pound | 125,120 ▼-25,676 | -134,621 ▲+11,114 | 24,104 ▲+13,791 | 485 ▲+1,379 |
| Japanese Yen | -99,290 ▼-25,479 | 79,103 ▲+13,284 | -22,890 ▲+10,783 | 41,868 ▼-1,417 |
| Canadian Dollar | 100,798 ▼-20,183 | -5,399 ▲+25,405 | -91,113 ▼-3,001 | 7,853 ▼-930 |
| Australian Dollar | 60,274 ▲+11,373 | -128,739 ▼-12,819 | 52,497 ▲+1,906 | 3,601 ▼-1,898 |
| USD Index | -19,979 ▼-406 | 17,020 ▼-1,144 | 3,183 ▲+1,107 | -2,194 ▲+382 |
| Mexican Peso | 15,252 ▲+1,121 | -24,064 ▼-1,693 | 63,814 ▲+250 | -55,805 ▲+373 |
| Swiss Franc | 54,643 ▼-4,871 | -25,535 ▲+5,921 | -13,607 ▲+1,334 | 366 ▼-711 |
| NZ Dollar | 67,282 ▲+13,080 | -49,313 ▼-5,174 | -19,280 ▼-7,661 | 3,584 ▲+54 |
| Brazilian Real | -65,413 ▼-2,572 | 51,268 ▼-3,946 | 18,677 ▼-8,937 | -8,998 ▲+15,130 |
| South African Rand | -24,092 ▼-802 | 17,962 ▲+385 | 4,888 ▲+340 | 117 ▲+282 |
🏦
Rates
→
| Market | Dealer/Intermediary | Asset Manager | Leveraged Funds | Other Reportable |
|---|---|---|---|---|
| SOFR 3-Month | 2,628,838 ▼-92,122 | -231,610 ▲+235,309 | -2,373,040 ▼-127,533 | -25,054 ▼-16,120 |
| SOFR 1-Month | 235,044 ▲+20,285 | 19,360 ▼-10,360 | -244,637 ▼-9,319 | -9,707 ▼-701 |
| Fed Funds | -302,239 ▼-149,309 | -97,802 ▼-75,723 | 376,169 ▲+231,272 | 16,293 ▼-2,694 |
| 2Y Treasury | -494,117 ▼-12,396 | 1,723,580 ▼-72,286 | -1,285,548 ▲+81,860 | 14,957 ▼-3,135 |
| 5Y Treasury | -850,470 ▲+67,574 | 2,928,052 ▼-56,900 | -2,117,544 ▼-13,153 | 4,842 ▼-3,656 |
| 10Y Treasury | -682,228 ▼-49,415 | 2,925,416 ▲+26,854 | -2,107,224 ▲+98,713 | -169,438 ▼-64,090 |
| Ultra 10Y Treasury | -309,570 ▲+11,622 | 737,266 ▼-60,228 | -318,477 ▲+17,381 | -64,950 ▲+13,004 |
| 30Y Bond | -182,706 ▼-3,407 | 388,007 ▼-3,527 | -162,757 ▼-8,737 | -90,277 ▲+16,954 |
| Ultra 30Y Bond | -93,420 ▲+4,145 | 849,383 ▲+72,891 | -804,808 ▼-89,079 | 40,510 ▲+10,676 |
📈
Indices
→
| Market | Dealer/Intermediary | Asset Manager | Leveraged Funds | Other Reportable |
|---|---|---|---|---|
| E-Mini S&P 500 | -636,931 ▼-34,573 | 901,377 ▼-14,458 | -371,245 ▲+37,481 | -1,950 ▲+9,129 |
| Micro E-Mini S&P 500 | -8,592 ▼-529 | 26,420 ▲+3,795 | -16,247 ▲+1,671 | 0 ▲+1,090 |
| NASDAQ Mini | -94,122 ▼-16,190 | 77,790 ▲+2,467 | 950 ▲+12,543 | 2,532 ▼-366 |
| Micro E-Mini NASDAQ | 41,808 ▲+558 | 9,768 ▼-1,022 | -86,381 ▲+16,597 | 175 ▲+504 |
| Russell 2000 | 23,003 ▼-34,500 | 30,960 ▲+1,432 | -53,035 ▲+38,612 | -8,316 ▼-307 |
| DJIA | -13,153 ▲+5,296 | 13,066 ▲+2,193 | -1,967 ▼-4,776 | 666 ▲+220 |
| S&P MidCap 400 | -15,240 ▲+763 | 6,425 ▼-118 | 5,095 ▼-1,179 | -328 — |
| Nikkei 225 | 958 ▲+965 | 6,516 ▲+64 | 575 ▲+1,153 | -241 ▼-241 |
| VIX | 78,379 ▲+8,331 | -57,459 ▲+19,836 | -20,890 ▼-21,995 | 2,038 ▼-823 |
| MSCI EM Index | -530,274 ▼-8,627 | 505,642 ▲+17,674 | 22,506 ▼-7,083 | -11,047 ▲+6,602 |
| MSCI EAFE | -266,151 ▼-9,687 | 268,541 ▲+15,575 | -7,630 ▼-6,031 | -1,228 ▼-4 |
| Bloomberg Commodity Index | -121,265 ▲+633 | 112,516 ▼-611 | 7,565 ▲+507 | 783 ▼-500 |
What's Unusual Right Now
Soybeans
SQUEEZE
Long squeeze — specs unwinding extreme longs; speculator 3-year extreme long; accumulation — smart money buying
246,596
net contracts
▼ -24,503
Lumber
SQUEEZE
Short squeeze — specs covering extreme shorts; speculator 3-year extreme short; accumulation — smart money buying
-5,510
net contracts
▲ +251
Soybean Meal
SQUEEZE
Long squeeze — specs unwinding extreme longs; speculator 3-year extreme long; accumulation — smart money buying
206,000
net contracts
▼ -11,302
Lean Hogs
SQUEEZE
Short squeeze — specs covering extreme shorts; speculator 3-year extreme short; accumulation — smart money buying
-76,730
net contracts
▲ +5,057
Milk Class III
SQUEEZE
Short squeeze — specs covering extreme shorts; speculator 3-year extreme short; accumulation — smart money buying
-11,495
net contracts
▲ +1,610
Euro FX
SQUEEZE
Short squeeze — specs covering extreme shorts; speculator 3-year extreme short; accumulation — smart money buying
-134,524
net contracts
▲ +3,049
Source: U.S. Commodity Futures Trading Commission (CFTC) Commitments of Traders reports. Released weekly on Fridays for prior Tuesday positions.