Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

VIX Speculators Trimmed Bearish Bets For 1st Time In 3 Weeks

Published 05/24/2020, 02:51 AM
Updated 07/09/2023, 06:31 AM

VIX COT Futures Large Traders Positions

VIX Non-Commercial Speculator Positions:

Large volatility speculators cut back on their bearish net positions in the 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 -35,032 contracts in the data reported through Tuesday May 19th. This was a weekly change of 4,694 net contracts from the previous week which had a total of -39,726 net contracts.

The week’s net position was the result of the gross bullish position (longs) gaining by 7,337 contracts (to a weekly total of 54,648 contracts) while the gross bearish position (shorts) advanced by a lesser amount of 2,643 contracts for the week (to a total of 89,680 contracts).

Speculative bearish positions had risen in the previous two weeks and added a total of -20,755 contracts to the bearish standing in that time-frame before this week’s small turnaround. Despite this week’s pullback, VIX speculator positions remain above the -35,000 net contract level for a second straight week for the first time since March 17th. Overall, the VIX spec position has now been in an overall bearish level for 71 weeks, dating back to January 9th of 2019.

VIX Commercial Positions:

The commercial traders' position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 41,545 contracts on the week. This was a weekly fall of -2,728 contracts from the total net of 44,273 contracts reported the previous week.

VIX COT Futures Large Traders Positions

VIX Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the VIX Futures (Front Month) closed at approximately $32.07 which was a decrease of $-0.85 from the previous close of $32.92, according to unofficial market data.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.