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E-mini Nasdaq-100 COT Report — Futures Positioning

E-mini Nasdaq-100 futures · CME · CFTC contract code 209742

Latest positioning

+4,914 contracts net long — large speculators

Week ending 28 July 2026 · added 368 on the week · open interest 294,781 (+7,878)

Long 81,531 Short 76,617
51.6% long / 48.4% short

Net speculative position — last 52 weeks

Aug 2025 Dashed line = flat (neither net long nor net short) Jul 2026

The current reading sits in the 24th percentile of its 3-year range — over the past 3 years, the net position has been lower than it is now 24% of the time. A high reading means the position is crowded by its own historical standards; it is context, not a forecast.

All three cohorts

Net positions by trader category, week ending 28 July 2026
CategoryNet positionWeek change
Large speculatorsFunds and managed money+4,914+368
CommercialsProducers, users and banks hedging physical exposure-14,946-2,935
Small tradersBelow the CFTC reporting threshold+10,032

The three cohorts net to zero between them — every long has a short on the other side. Commercials being heavily short is normal for a produced commodity and is not a bearish view; it is a hedge against inventory they already own.

Weekly history

Net speculative position and open interest by week, most recent first
Week endingSpecs netOpen interest
28 Jul 2026+4,914294,781
21 Jul 2026+4,546286,903
14 Jul 2026+2,721284,971
7 Jul 2026+2,063285,086
30 Jun 2026-7,604278,558
23 Jun 2026-9,144265,083
16 Jun 2026-8,908344,441
9 Jun 2026-1,349305,568
2 Jun 2026-14,949314,972
26 May 2026-6,085302,990
19 May 2026-1,420293,186
12 May 2026-15,985287,752
5 May 2026+1,221287,657
28 Apr 2026-2,322275,963
21 Apr 2026+9,439267,620
14 Apr 2026+10,821260,197
7 Apr 2026+12,525246,794
31 Mar 2026+20,600245,322
24 Mar 2026+6,623235,906
17 Mar 2026+24,082300,943
10 Mar 2026+24,929259,842
3 Mar 2026+2,386273,307
24 Feb 2026+10,787270,599
17 Feb 2026+24,410272,951
10 Feb 2026+13,360263,282
3 Feb 2026+14,187268,823
27 Jan 2026+28,155260,759
20 Jan 2026+21,134267,118
13 Jan 2026+29,141278,878
6 Jan 2026+32,586274,253
30 Dec 2025+25,051276,539
23 Dec 2025+31,833265,616
16 Dec 2025+46,376378,693
9 Dec 2025+48,051325,383
2 Dec 2025+48,318308,211
25 Nov 2025+57,393296,684
18 Nov 2025+46,410299,587
10 Nov 2025+49,816296,639
4 Nov 2025+48,171292,709
28 Oct 2025+42,302299,186
21 Oct 2025+48,862289,838
14 Oct 2025+52,827278,830
7 Oct 2025+43,341285,401
30 Sep 2025+41,008278,188
23 Sep 2025+23,405274,695
16 Sep 2025+17,806351,421
9 Sep 2025+25,473296,970
2 Sep 2025+15,444282,221
26 Aug 2025+36,082284,355
19 Aug 2025+33,845289,577
12 Aug 2025+42,312303,576
5 Aug 2025+33,836277,507

Source: CFTC Commitments of Traders (Legacy, futures only) — a US government work, public domain. Positions are measured Tuesday and published the following Friday at about 15:30 ET, so this report is always at least three days behind the market. Positioning describes how traders are placed; it is not a forecast.

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