Wti-Brent Spread Option - New York Mercantile Exchange
06765ZSignal state
8-Week Trend
Generated market from CFTC archives.
Signal layer
Score breakdown
How the +100 to -100 conviction score is calculated
Macro Score
+9 ptsTarget Exposure
+23%Market History
Net Positioning History
Historical net positioning (Longs minus Shorts) for the reference trader group.
| Wti-Brent Spread Option - 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 | 1,955 | 15,045 | +675 | +4,136 | 68 | +10,418 | 7.2% | 22.9% | 80,736 |
| Min | 230 | 752 | -1,060 | -11,097 | -13,090 | -3,558 | 0.4% | 5.7% | 11,326 |
| 13 Per. Avg | 802 | 4,755 | +38 | -540 | -3,953 | +577 | 3.5% | 10.3% | 36,508 |
| Apr 22, 2025 | 820 | 752 | +60 | -46 | 68 | +106 | 7.2% | 6.6% | 11,326 |
| Apr 15, 2025 | 760 | 798 | +374 | -243 | -38 | +617 | 6.5% | 6.8% | 11,731 |
| Apr 8, 2025 | 386 | 1,041 | -515 | -83 | -655 | -432 | 3.3% | 8.8% | 11,839 |
| Feb 25, 2025 | 901 | 1,124 | -54 | -96 | -223 | +42 | 5.3% | 6.6% | 16,955 |
| Feb 18, 2025 | 955 | 1,220 | -82 | -174 | -265 | +92 | 5.4% | 6.9% | 17,781 |
| Feb 11, 2025 | 1,037 | 1,394 | +200 | +117 | -357 | +83 | 5.3% | 7.1% | 19,557 |
| Jan 28, 2025 | 837 | 1,277 | -28 | -979 | -440 | +951 | 3.7% | 5.7% | 22,555 |
| Jan 21, 2025 | 865 | 2,256 | -679 | -11,097 | -1,391 | +10,418 | 3.7% | 9.7% | 23,178 |
| Oct 25, 2022 | 1,544 | 13,353 | +581 | +1,915 | -11,809 | -1,334 | 2.1% | 18.4% | 72,598 |
| Oct 18, 2022 | 963 | 11,438 | +675 | +2,224 | -10,475 | -1,549 | 1.4% | 16.1% | 70,975 |
| Oct 11, 2022 | 288 | 9,214 | +25 | +407 | -8,926 | -382 | 0.4% | 14.2% | 64,840 |
| Oct 4, 2022 | 263 | 8,807 | -548 | -332 | -8,544 | -216 | 0.4% | 14.1% | 62,511 |
| Sep 27, 2022 | 811 | 9,139 | +479 | +1,369 | -8,328 | -890 | 1.2% | 13.3% | 68,759 |
| Sep 20, 2022 | 332 | 7,770 | +102 | +1,759 | -7,438 | -1,657 | 0.5% | 12.0% | 64,579 |
| Sep 13, 2022 | 230 | 6,011 | -11 | -1,281 | -5,781 | +1,270 | 0.4% | 9.9% | 60,667 |
| Sep 6, 2022 | 241 | 7,292 | -38 | -1,325 | -7,051 | +1,287 | 0.4% | 11.8% | 61,739 |
| Aug 30, 2022 | 279 | 8,617 | -422 | -895 | -8,338 | +473 | 0.4% | 13.6% | 63,445 |
| Aug 23, 2022 | 701 | 9,512 | +198 | -889 | -8,811 | +1,087 | 1.1% | 14.5% | 65,521 |
| Aug 16, 2022 | 503 | 10,401 | -159 | -1,093 | -9,898 | +934 | 0.8% | 15.6% | 66,603 |
| Aug 9, 2022 | 662 | 11,494 | -233 | -1,756 | -10,832 | +1,523 | 1.0% | 16.9% | 68,143 |
| Aug 2, 2022 | 895 | 13,250 | -1,060 | -1,795 | -12,355 | +735 | 1.2% | 18.4% | 72,152 |
| Jul 26, 2022 | 1,955 | 15,045 | +578 | +4,136 | -13,090 | -3,558 | 2.4% | 18.6% | 80,736 |
| Jul 19, 2022 | 1,377 | 10,909 | +505 | +1,566 | -9,532 | -1,061 | 1.9% | 14.8% | 73,807 |
| Jul 12, 2022 | 872 | 9,343 | -8 | +34 | -8,471 | -42 | 1.2% | 12.4% | 75,147 |
| Jul 5, 2022 | 880 | 9,309 | +504 | -3,885 | -8,429 | +4,389 | 1.2% | 12.8% | 73,009 |
| Jun 28, 2022 | 376 | 13,194 | +0 | +0 | -12,818 | +0 | 0.7% | 22.9% | 57,681 |
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 | 820 | 752 | 68 | +7.2% | +6.6% | +0.6% | +106 |
Producer Merchant | 8,623 | 6,877 | 1,746 | +76.1% | +60.7% | +15.4% | -375 |
Other Reportables | 0 | 1,137 | -1,137 | +0.0% | +10.0% | -10.0% | -39 |
Swap Dealers | 0 | 768 | -768 | +0.0% | +6.8% | -6.8% | +283 |
Nonreportable | 119 | 28 | 91 | +1.1% | +0.3% | +0.8% | +24 |
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 bullish. 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 looks balanced rather than crowded.
Current positioning
The market is leaning bullish. Positioning looks balanced rather than crowded. Managed Money is currently net long by 68 contracts.
Macro regime
Macro conditions are mostly neutral for Wti-Brent Spread Option - New York Mercantile Exchange.
Replay summary
Mixed regime. The market is leaning bullish. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are mostly neutral right now.
Risk layer
Veto reasons and caution flags
These are the conditions that reduce conviction even when the raw positioning signal looks strong.