Managed Money net -11,994 contracts in PALLADIUM, 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
PALLADIUM - NEW YORK MERCANTILE EXCHANGE
CFTC contract code
075651
Contract unit
Contracts Of 100 Troy Ounces
Open interest, contracts
24,916
Change in open interest, contracts
+1,743
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
2,764
1,151
-
+1,613
11.1
4.6
6.5
Swap Dealers
8,619
2,109
78
+6,510
34.6
8.5
26.1
Managed Money
5,440
17,434
778
-11,994
21.8
70.0
-48.1
Other Reportables
4,131
1,270
319
+2,861
16.6
5.1
11.5
Total reportable
22,129
23,139
-
-1,010
88.8
92.9
-4.1
Nonreportable
2,787
1,777
-
+1,010
11.2
7.1
4.1
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-11,994
Week change
-1,295
4-week change
-5,988
13-week change
-5,377
Net as % of open interest
-48.1%
Percentile, 1 year (52 weeks)
2
Percentile, 3 years (156 weeks)
15
Z-score, 52 weeks
-2.92
COT Index, 3 years
25
52-week high of net
+1,084
52-week low of net
-11,994
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
18
8
Swap Dealers
24
9
Managed Money
34
43
Other Reportables
50
13
Total reportable
141
95
Largest 4 traders, gross long
21.9%
Largest 4 traders, gross short
26.6%
Largest 8 traders, gross long
33.0%
Largest 8 traders, gross short
40.8%
Largest 4 traders, net long
21.8%
Largest 4 traders, net short
25.8%
Largest 8 traders, net long
32.8%
Largest 8 traders, net short
40.1%
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
2,830
1,166
-
+1,664
11.0
4.5
6.5
Swap Dealers
8,790
2,017
348
+6,773
34.2
7.9
26.4
Managed Money
5,385
17,528
889
-12,143
21.0
68.2
-47.3
Other Reportables
3,990
1,315
654
+2,675
15.5
5.1
10.4
Total reportable
22,886
23,918
-
-1,032
89.1
93.1
-4.0
Nonreportable
2,810
1,778
-
+1,032
10.9
6.9
4.0
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.
Open interest by maturity split
All contract months, contracts
24,916
Old crop / nearest months, contracts
24,916
Other months, contracts
0
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
24,916
+1,613
+6,510
-11,994
+2,861
-1,010
+1,010
Tue 13 Oct 2026
23,173
+918
+6,177
-10,699
+2,621
-983
+983
Tue 6 Oct 2026
21,060
+182
+5,606
-9,385
+2,368
-1,229
+1,229
Tue 29 Sep 2026
18,602
-97
+4,794
-7,962
+2,137
-1,128
+1,128
Tue 22 Sep 2026
16,730
-669
+3,900
-6,006
+1,473
-1,302
+1,302
Tue 15 Sep 2026
16,707
-655
+3,733
-5,688
+1,538
-1,072
+1,072
Tue 8 Sep 2026
16,773
-437
+3,269
-4,339
+627
-880
+880
Tue 1 Sep 2026
16,497
-263
+3,576
-4,619
+314
-992
+992
Tue 25 Aug 2026
17,496
-423
+4,158
-5,499
+675
-1,089
+1,089
Tue 18 Aug 2026
18,366
-236
+3,834
-5,317
+919
-800
+800
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.