COT Report This Week: Smart Money Positions

COT report this week

Where the large speculators (hedge funds, CTAs: "smart money") stood in the futures of 15 main markets on 13 Oct 2026, from the CFTC Commitments of Traders report released on 16 Oct 2026. Updated automatically every week.

Report date 2026-10-13 · released 2026-10-16 · source: CFTC, legacy futures-only report

Market	Smart money net	Change on the week	COT index (13 weeks)	Open interest
Gold Smart money is net long 207,879 contracts, cutting 2,456 on the week; the position is in the middle of its 13-week range.	207,879	-2,456	42%	396,345
Silver Smart money is net long 22,631 contracts, cutting 522 on the week; the position is near the bottom of its 13-week range.	22,631	-522	12%	108,433
Copper Smart money is net long 68,520 contracts, cutting 914 on the week; the position is at the bottom of its 13-week range.	68,520	-914	5%	313,832
WTI Crude Oil Smart money is net long 100,343 contracts, adding 1,283 on the week; the position is in the middle of its 13-week range.	100,343	+1,283	31%	1,900,179
Natural Gas Smart money is net short 233,578 contracts, covering 2,861 on the week; the position is at the bottom of its 13-week range.	-233,578	+2,861	4%	1,741,163
S&P 500 Smart money is net short 140,995 contracts, covering 13,075 on the week; the position is at the bottom of its 13-week range.	-140,995	+13,075	8%	1,931,607
Nasdaq 100 Smart money is net long 48,523 contracts, cutting 9,600 on the week; the position is at the top of its 13-week range.	48,523	-9,600	90%	279,515
Dow Jones 30 Smart money is net long 8,136 contracts, cutting 1,355 on the week; the position is at the bottom of its 13-week range.	8,136	-1,355	0%	90,364
US 10Y Note biggest change Smart money is net short 988,102 contracts, adding 91,621 on the week; the position is at the bottom of its 13-week range.	-988,102	-91,621	0%	5,819,512
EURUSD biggest change Smart money is net short 137,573 contracts, adding 38,241 on the week; the position is at the bottom of its 13-week range.	-137,573	-38,241	0%	874,541
GBPUSD Smart money is net short 106,964 contracts, adding 9,353 on the week; the position is at the bottom of its 13-week range.	-106,964	-9,353	0%	268,532
USDJPY Smart money is net long 50,207 contracts, cutting 12,118 on the week; the position is near the top of its 13-week range. These are positions in the Japanese yen future, which moves the opposite way to USDJPY.	50,207	-12,118	75%	373,502
AUDUSD biggest change Smart money is net short 117,299 contracts, adding 18,711 on the week; the position is at the bottom of its 13-week range.	-117,299	-18,711	0%	339,464
USDCAD Smart money is net short 94,765 contracts, adding 4,602 on the week; the position is in the middle of its 13-week range. These are positions in the Canadian dollar future, which moves the opposite way to USDCAD.	-94,765	-4,602	60%	378,204
Bitcoin Smart money is net long 2,534 contracts, cutting 6 on the week; the position is in the middle of its 13-week range.	2,534	-6	57%	20,752

Market

Smart money net

Change on the week

COT index (13 weeks)

Open interest

Gold

Smart money is net long 207,879 contracts, cutting 2,456 on the week; the position is in the middle of its 13-week range.

207,879

-2,456

42%

396,345

Silver

Smart money is net long 22,631 contracts, cutting 522 on the week; the position is near the bottom of its 13-week range.

22,631

-522

12%

108,433

Copper

Smart money is net long 68,520 contracts, cutting 914 on the week; the position is at the bottom of its 13-week range.

68,520

-914

313,832

WTI Crude Oil

Smart money is net long 100,343 contracts, adding 1,283 on the week; the position is in the middle of its 13-week range.

100,343

+1,283

31%

1,900,179

Natural Gas

Smart money is net short 233,578 contracts, covering 2,861 on the week; the position is at the bottom of its 13-week range.

-233,578

+2,861

1,741,163

S&P 500

Smart money is net short 140,995 contracts, covering 13,075 on the week; the position is at the bottom of its 13-week range.

-140,995

+13,075

1,931,607

Nasdaq 100

Smart money is net long 48,523 contracts, cutting 9,600 on the week; the position is at the top of its 13-week range.

48,523

-9,600

90%

279,515

Dow Jones 30

Smart money is net long 8,136 contracts, cutting 1,355 on the week; the position is at the bottom of its 13-week range.

8,136

-1,355

90,364

US 10Y Note biggest change

Smart money is net short 988,102 contracts, adding 91,621 on the week; the position is at the bottom of its 13-week range.

-988,102

-91,621

5,819,512

EURUSD biggest change

Smart money is net short 137,573 contracts, adding 38,241 on the week; the position is at the bottom of its 13-week range.

-137,573

-38,241

874,541

GBPUSD

Smart money is net short 106,964 contracts, adding 9,353 on the week; the position is at the bottom of its 13-week range.

-106,964

-9,353

268,532

USDJPY

Smart money is net long 50,207 contracts, cutting 12,118 on the week; the position is near the top of its 13-week range. These are positions in the Japanese yen future, which moves the opposite way to USDJPY.

50,207

-12,118

75%

373,502

AUDUSD biggest change

Smart money is net short 117,299 contracts, adding 18,711 on the week; the position is at the bottom of its 13-week range.

-117,299

-18,711

339,464

USDCAD

Smart money is net short 94,765 contracts, adding 4,602 on the week; the position is in the middle of its 13-week range. These are positions in the Canadian dollar future, which moves the opposite way to USDCAD.

-94,765

-4,602

60%

378,204

Bitcoin

Smart money is net long 2,534 contracts, cutting 6 on the week; the position is in the middle of its 13-week range.

2,534

-6

57%

20,752

Smart money = CFTC non-commercial traders. Net = long − short contracts. COT index = where the net position sits in its last 13 weekly reports (0% lowest, 100% highest). Market names link to our guide for that market.

How to read this table

Net above zero means the large speculators hold more long than short contracts; below zero, more short.
Change on the week shows whether they added to or cut that position since the report before.
COT index near 100% or 0% means the position is at an extreme of its recent range; extremes matter more than the raw number.
The report shows Tuesday's positions and comes out on Friday, so it describes the big picture, not the day.

New to the report? Read how to read the COT report, also in Urdu and Hindi, or the COT index explained.

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When the report comes out

When is the COT report released in Pakistan and India?

The CFTC publishes it on Friday at 3:30 pm US Eastern time, with positions as of the Tuesday before. In Pakistan that is the night between Friday and Saturday at 12:30 am (PKT) during US summer time and 1:30 am during US winter time; in India it is 1:00 am and 2:00 am (IST).

When does US winter time apply?

US clocks go back one hour on the first Sunday of November and forward on the second Sunday of March (in 2026 they go back on 1 November). Pakistan and India keep the same time all year, so during the US winter the report arrives one hour later in Pakistan and India.

What happens in a week with a US holiday?

When a US federal holiday falls in the week, the CFTC usually publishes the report one or more working days later, often on the following Monday. The positions are still those of Tuesday.

When does this page update?

ICC Terminal downloads the new report after it is released, and this page updates by itself.

Previous weeks

Positioning data for education, not investment advice. It shows what large traders held, not where prices will go. Trading carries a high risk of loss.