NEUTRAL
VIX
--:--:--UTC
Live CFTC

Butane Opis Mt Belv Nontet Fp - Ice Futures Energy Div

06641D
AgricultureDisaggregated

Signal state

Neutral-5

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+40 pts

Target Exposure

-5%

Market History

Net Positioning History

Historical net positioning (Longs minus Shorts) for the reference trader group.

Compare Markets
Butane Opis Mt Belv Nontet Fp - Ice Futures Energy DivManaged Money — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max5721,153+48+735547+6941.0%1.9%69,224
Min025-527-662-1,118-1,2120.0%0.0%52,065
13 Per. Avg70534-39+36-464-750.1%0.9%61,845
May 26, 2026351,153-10+105-1,118-1150.1%1.9%61,380
May 19, 2026451,048+10+735-1,003-7250.1%1.8%57,270
May 12, 202635313+35+0-278+350.1%0.6%56,216
May 5, 20260313+0+0-313+00.0%0.6%55,232
Apr 28, 20260313+0+0-313+00.0%0.5%67,206
Apr 21, 20260313+0+0-313+00.0%0.5%65,062
Apr 14, 20260313-30+0-313-300.0%0.5%59,380
Apr 7, 202630313-20-397-283+3770.1%0.5%58,190
Mar 31, 202650710+0+0-660+00.1%1.0%69,224
Mar 24, 202650710+0+0-660+00.1%1.0%68,332
Mar 17, 202650710+5+0-660+50.1%1.1%66,187
Mar 10, 202645710-527+685-665-1,2120.1%1.1%62,572
Mar 3, 202657225+32-662547+6941.0%0.0%57,737
Feb 24, 2026540687+48-145-147+1930.9%1.1%62,521
Feb 17, 2026492832+6-85-340+910.8%1.4%58,267
Feb 10, 2026486917+36+0-431+360.9%1.7%55,680
Feb 3, 2026450917-16-38-467+220.9%1.8%52,065
Jan 27, 2026466955+18-70-489+880.8%1.5%62,536
Jan 20, 20264481,025+0+285-577-2850.7%1.6%62,664
Jan 13, 2026448740-62+95-292-1570.8%1.3%58,101
Jan 6, 2026510645-56+45-135-1010.9%1.2%53,680
Dec 30, 2025566600+39+5-34+340.9%0.9%64,963
Dec 23, 2025527595+48+80-68-320.8%0.9%62,822
Dec 16, 2025479515-18+280-36-2980.8%0.9%60,817
Dec 9, 2025497235+6-90262+960.8%0.4%60,196
Dec 2, 2025491325+0+0166+00.8%0.5%59,394

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.

May 26, 2026(Latest)
Open interest: 61,380 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Managed Money

Reference group used for the main bias model

351,153-1,118+0.1%+1.9%-1.8%-115

Swap Dealers

1,81011,627-9,817+2.9%+18.9%-16.0%-857

Producer Merchant

41,08433,4147,670+66.9%+54.4%+12.5%+1,065

Other Reportables

5,5601,9183,642+9.1%+3.1%+5.9%-121

Nonreportable

226603-377+0.4%+1.0%-0.6%+28

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

Positioning is neutral this week. 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 fighting the current positioning.

Crowding

Positioning looks balanced rather than crowded.

Current positioning

Positioning is neutral this week. Positioning looks balanced rather than crowded. Managed Money is currently net short by 1,118 contracts.

Macro regime

Macro signals are modestly supportive for Butane Opis Mt Belv Nontet Fp - Ice Futures Energy Div.

Replay summary

Mixed regime. Positioning is neutral this week. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are fighting the current positioning.

Risk layer

Veto reasons and caution flags

These are the conditions that reduce conviction even when the raw positioning signal looks strong.

Price trend does not confirm positioning.
Macro environment is not supportive.