Crude Oil Cal Spread Options - New York Mercantile Exchange
067657Signal state
8-Week Trend
Generated market from CFTC archives.
Signal layer
Score breakdown
How the +100 to -100 conviction score is calculated
Macro Score
+8 ptsTarget Exposure
-11%Market History
Net Positioning History
Historical net positioning (Longs minus Shorts) for the reference trader group.
| Crude Oil Cal Spread Options - New York Mercantile Exchange — Managed Money — 6 Month Positioning Report | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Report Date | Long Positions | Short Positions | Change in Longs | Change in Shorts | Net Positions | Net Change | % OI Long | % OI Short | Open Interest |
| Max | 16,123 | 11,253 | +10,857 | +11,253 | 16,123 | +10,857 | 33.2% | 20.7% | 76,507 |
| Min | 0 | 0 | -9,997 | -1,200 | -11,253 | -14,866 | 0.0% | 0.0% | 32,263 |
| 13 Per. Avg | 4,997 | 4,927 | -405 | +500 | 70 | -905 | 12.5% | 9.3% | 46,669 |
| Feb 17, 2026 | 0 | 6,498 | +0 | -1,200 | -6,498 | +1,200 | 0.0% | 11.7% | 55,432 |
| Feb 10, 2026 | 0 | 7,698 | +0 | -962 | -7,698 | +962 | 0.0% | 14.1% | 54,576 |
| Feb 3, 2026 | 0 | 8,660 | +0 | -972 | -8,660 | +972 | 0.0% | 16.0% | 54,245 |
| Jan 27, 2026 | 0 | 9,632 | +0 | -332 | -9,632 | +332 | 0.0% | 18.3% | 52,609 |
| Jan 20, 2026 | 0 | 9,964 | +0 | -388 | -9,964 | +388 | 0.0% | 20.7% | 48,193 |
| Jan 13, 2026 | 0 | 10,352 | +0 | -901 | -10,352 | +901 | 0.0% | 19.6% | 52,907 |
| Jan 6, 2026 | 0 | 11,253 | -3,613 | +11,253 | -11,253 | -14,866 | 0.0% | 20.4% | 55,264 |
| Sep 17, 2024 | 3,613 | 0 | -9,997 | +0 | 3,613 | -9,997 | 11.2% | 0.0% | 32,263 |
| Aug 13, 2024 | 13,610 | 0 | +3,284 | +0 | 13,610 | +3,284 | 32.5% | 0.0% | 41,896 |
| Aug 6, 2024 | 10,326 | 0 | +233 | +0 | 10,326 | +233 | 29.0% | 0.0% | 35,573 |
| Jul 30, 2024 | 10,093 | 0 | -1,108 | +0 | 10,093 | -1,108 | 27.9% | 0.0% | 36,137 |
| Jul 23, 2024 | 11,201 | 0 | -4,922 | +0 | 11,201 | -4,922 | 29.4% | 0.0% | 38,031 |
| Jul 16, 2024 | 16,123 | 0 | +10,857 | +0 | 16,123 | +10,857 | 32.5% | 0.0% | 49,570 |
| May 14, 2024 | 5,266 | 0 | -3,845 | +0 | 5,266 | -3,845 | 9.0% | 0.0% | 58,180 |
| Apr 16, 2024 | 9,111 | 0 | -2,551 | +0 | 9,111 | -2,551 | 15.5% | 0.0% | 58,624 |
| Apr 9, 2024 | 11,662 | 0 | +5,702 | +0 | 11,662 | +5,702 | 20.0% | 0.0% | 58,433 |
| Feb 13, 2024 | 5,960 | 0 | +960 | +0 | 5,960 | +960 | 12.5% | 0.0% | 47,531 |
| Feb 6, 2024 | 5,000 | 0 | -445 | -354 | 5,000 | -91 | 8.7% | 0.0% | 57,180 |
| Nov 7, 2023 | 5,445 | 354 | -2,120 | -154 | 5,091 | -1,966 | 7.1% | 0.5% | 76,507 |
| Oct 31, 2023 | 7,565 | 508 | -1,244 | +147 | 7,057 | -1,391 | 10.6% | 0.7% | 71,460 |
| Oct 24, 2023 | 8,809 | 361 | -1,432 | -381 | 8,448 | -1,051 | 13.5% | 0.5% | 65,425 |
| Oct 17, 2023 | 10,241 | 742 | -1,013 | +6 | 9,499 | -1,019 | 14.7% | 1.1% | 69,862 |
| Oct 10, 2023 | 11,254 | 736 | -584 | +39 | 10,518 | -623 | 17.1% | 1.1% | 65,885 |
| Oct 3, 2023 | 11,838 | 697 | -3,143 | -874 | 11,141 | -2,269 | 19.9% | 1.2% | 59,355 |
| Sep 26, 2023 | 14,981 | 1,571 | +78 | -62 | 13,410 | +140 | 30.6% | 3.2% | 49,002 |
| Sep 19, 2023 | 14,903 | 1,633 | +0 | +0 | 13,270 | +0 | 33.2% | 3.6% | 44,851 |
COT report
Longs vs shorts by trader category — week by week
Browse the official CFTC report week by week to see how each trader group's positioning has shifted. The WoW Δ column shows the net contract change from the prior week.
| Trader type | Long | Short | Net | Long % OI | Short % OI | Net % OI | WoW Δ Net |
|---|---|---|---|---|---|---|---|
Managed Money Reference group used for the main bias model | 0 | 6,498 | -6,498 | +0.0% | +11.7% | -11.7% | +1,200 |
Swap Dealers | 5,415 | 0 | 5,415 | +9.8% | +0.0% | +9.8% | +1,063 |
Other Reportables | 1,572 | 159 | 1,413 | +2.8% | +0.3% | +2.5% | -307 |
Producer Merchant | 36,117 | 37,096 | -979 | +65.2% | +66.9% | -1.8% | -1,847 |
Nonreportable | 651 | 2 | 649 | +1.2% | +0.0% | +1.2% | -108 |
Interpretation layer
Why the terminal reads this market the way it does
The platform turns the underlying scores into a readable narrative: pressure, confirmation, macro support, and crowding.
Positioning pressure
The market is leaning bearish. This week looks steady versus the recent range.
Trend check
Price trend is flat, so momentum is not adding much confirmation yet.
Macro check
Macro conditions are mostly neutral right now.
Crowding
Positioning is noticeable but not yet extreme.
Current positioning
The market is leaning bearish. Positioning is noticeable but not yet extreme. Managed Money is currently net short by 6,498 contracts.
Macro regime
Macro conditions are mostly neutral for Crude Oil Cal Spread Options - New York Mercantile Exchange.
Replay summary
Mixed regime. The market is leaning bearish. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are mostly neutral right now.