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VIX Speculators Reduced Their Bearish Net Positions This Week

Published 10/14/2018, 01:43 AM
Updated 07/09/2023, 06:31 AM

VIX COT Futures Large Trader Positions

VIX Non-Commercial Speculator Positions:

Large volatility speculators decreased their bearish net positions in the S&P 500 VIX Futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of VIX futures, traded by large speculators and hedge funds, totaled a net position of -113,603 contracts in the data reported through Tuesday October 9th. This was a weekly boost of 26,841 contracts from the previous week which had a total of -140,444 net contracts.

The speculative bearish position fell for the first time in three weeks and has now dipped to the lowest level in six weeks. The VIX spec standing has remained in an overall bearish position for twenty-two straight weeks with the past eleven weeks having a bearish position of at least -100,000 contracts.

VIX Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 119,901 contracts on the week. This was a weekly loss of -26,858 contracts from the total net of 146,759 contracts reported the previous week.

VIX COT Futures Large Traders Vs VIX Futures

VIX Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the VIX Futures (Front Month) closed at approximately $15.92 which was an uptick of $1.95 from the previous close of $13.97, according to unofficial market data.

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