Managed Money net +60,598 contracts in COTTON NO. 2, positions as of Tue 20 Oct 2026.
Data as of Positions as of Tue 20 Oct 2026; published Fri 23 Oct 2026
Positions as of Tue 20 Oct 2026 - published Fri 23 Oct 2026 (CFTC, Friday release)
Report family
Disaggregated
Basis
Futures only
Market
COTTON NO. 2 - ICE FUTURES U.S.
CFTC contract code
033661
Contract unit
Contracts Of 50,000 Pounds
Open interest, contracts
401,293
Change in open interest, contracts
+5,653
CIT supplement
Published for this market
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
89,074
230,115
-
-141,041
22.2
57.3
-35.1
Swap Dealers
65,934
25,730
19,946
+40,204
16.4
6.4
10.0
Managed Money
75,837
15,239
54,722
+60,598
18.9
3.8
15.1
Other Reportables
50,788
16,865
29,826
+33,923
12.7
4.2
8.5
Total reportable
386,127
392,443
-
-6,316
96.2
97.8
-1.6
Nonreportable
15,166
8,850
-
+6,316
3.8
2.2
1.6
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+60,598
Week change
+2,573
4-week change
-15,584
13-week change
+13,539
Net as % of open interest
15.1%
Percentile, 1 year (52 weeks)
85
Percentile, 3 years (156 weeks)
90
Z-score, 52 weeks
0.96
COT Index, 3 years
78
52-week high of net
+100,963
52-week low of net
-80,705
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
49
55
Swap Dealers
21
18
Managed Money
83
29
Other Reportables
81
41
Total reportable
297
234
Largest 4 traders, gross long
11.8%
Largest 4 traders, gross short
28.2%
Largest 8 traders, gross long
19.8%
Largest 8 traders, gross short
39.8%
Largest 4 traders, net long
8.7%
Largest 4 traders, net short
21.0%
Largest 8 traders, net long
13.8%
Largest 8 traders, net short
28.1%
Concentration is the share of open interest held by the largest traders, as published in the report.
Latest report, futures and options combined
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
120,645
253,191
-
-132,546
22.7
47.5
-24.9
Swap Dealers
66,264
31,087
37,893
+35,177
12.4
5.8
6.6
Managed Money
78,924
12,458
70,290
+66,466
14.8
2.3
12.5
Other Reportables
39,511
15,542
102,405
+23,969
7.4
2.9
4.5
Total reportable
515,931
522,865
-
-6,934
96.9
98.2
-1.3
Nonreportable
16,590
9,656
-
+6,934
3.1
1.8
1.3
The combined basis adds options converted to futures equivalents at exchange delta factors. The two bases are never mixed in one series; the history on this page is futures only.
Index traders (CIT supplement)
Index trader net, contracts
+70,921
Index trader long, contracts
96,535
Index trader short, contracts
25,614
Supplement position date
Tue 20 Oct 2026
The CIT supplement reports index traders carved out of the legacy categories, on the combined basis.
Open interest by maturity split
All contract months, contracts
401,293
Old crop / nearest months, contracts
364,622
Other months, contracts
36,671
Recent reports, net by category
Report date
Open interest
Producer/Merchant/Processor/User
Swap Dealers
Managed Money
Other Reportables
Total reportable
Nonreportable
Tue 20 Oct 2026
401,293
-141,041
+40,204
+60,598
+33,923
-6,316
+6,316
Tue 13 Oct 2026
395,640
-144,805
+43,359
+58,025
+36,282
-7,139
+7,139
Tue 6 Oct 2026
382,230
-146,736
+43,231
+57,118
+39,240
-7,147
+7,147
Tue 29 Sep 2026
389,494
-148,114
+43,673
+67,837
+28,776
-7,828
+7,828
Tue 22 Sep 2026
384,016
-154,611
+41,801
+76,182
+26,846
-9,782
+9,782
Tue 15 Sep 2026
380,206
-166,403
+40,717
+91,935
+24,838
-8,913
+8,913
Tue 8 Sep 2026
380,405
-174,281
+41,027
+95,367
+27,384
-10,503
+10,503
Tue 1 Sep 2026
383,730
-178,611
+36,711
+100,963
+29,758
-11,179
+11,179
Tue 25 Aug 2026
374,859
-170,160
+36,712
+88,293
+34,610
-10,545
+10,545
Tue 18 Aug 2026
361,871
-159,389
+40,188
+72,672
+34,976
-11,553
+11,553
Spreading is calendar-spread positions. It prints as its own column and is not part of net. Percentile is the share of weeks in the window with a net at or below the current net. The COT Index places the current net within its 3-year range, 0 at the low and 100 at the high. Gauges print only when the window holds enough history. History is the series as currently published by the CFTC, including its corrections; first-release vintages are not kept. An extreme reading is a condition of crowding, not a buy or sell signal: speculative categories are trend followers and are usually largest near price extremes.
Source: CFTC Commitments of Traders, Disaggregated report, futures only unless stated. Positions as of Tue 20 Oct 2026, published Fri 23 Oct 2026.