COT Index
(Current Net Position - Minimum Net Position within the Period) / (Maximum Net Position within the Period - Minimum Net Position within the Period)
Position Info
Commercial Open Positions:
These refers to open positions held by commercial entities (such as commodity farmers or traders) that use futures for hedging. Generally, the objective is to manage risk (hedging).
Non-Commercial Positions:
These refers to speculative positions held mainly by managed funds and index funds. The main objective is to make profits.
Net Position:
Refers to the difference between total long positions and total short positions.
Open Interest
The total number of futures contracts that are not settled or closed. These contracts remain active and have not been traded or delivered.