Stock Index COT Report: S&P 500, Nasdaq, Dow and more
10 stock index markets · CFTC Legacy, Futures Only · report of Nov 3, 2026Released · positions as of
In the stock index COT report of Nov 3, 2026, large speculators (Non-Commercial) were net long in 5 of the 10 stock index markets in that report (E-mini Nasdaq 100, S&P MidCap 400, E-mini Dow Jones, Nikkei 225, and MSCI Emerging Markets) and net short in 5 (VIX, Bloomberg Commodity, E-mini S&P 500, E-mini Russell 2000, and MSCI EAFE). Relative to open interest, their largest net position was in VIX (net short 76,916 contracts, 20.7% of open interest) and their largest weekly move in E-mini Dow Jones, where the net grew by 2,610 contracts.
Stock index COT data by market
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| Non-Commercial (Large Speculators) | Commercial (Hedgers)Hedging, not price speculation. On financial futures, Commercials are mostly dealers, banks and other institutions offsetting the exposure of their own business. Their net short or net long is mostly that offsetting, not a view on where the price is going. | ||||||
|---|---|---|---|---|---|---|---|
| Market | Net Positions | Weekly Change | % of OI | Net Positions | Open Interest | Table | Chart |
| E-mini S&P 500 COT Report | NET SHORT-129,414 | +4,954 | -6.5% | NET LONG+5,195 | 1,986,532+30,821 | Table | Chart |
| E-mini Russell 2000 COT Report | NET SHORT-23,654 | +12,425 | -5.3% | NET LONG+14,368 | 449,399-9,560 | Table | Chart |
| VIX COT Report | NET SHORT-76,916 | +550 | -20.7% | NET LONG+77,424 | 371,222-7,150 | Table | Chart |
| E-mini Nasdaq 100 COT Report | NET LONG+42,873 | -5,966 | +14.7% | NET SHORT-63,270 | 292,587+24,079 | Table | Chart |
| E-mini Dow Jones COT Report | NET LONG+10,354 | +2,610 | +11.8% | NET SHORT-14,878 | 87,410-4,226 | Table | Chart |
| S&P MidCap 400 COT Report | NET LONG+5,718 | -228 | +12.3% | NET SHORT-9,472 | 46,340+2,226 | Table | Chart |
| Nikkei 225 COT Report | NET LONG+2,519 | +242 | +9.6% | NET LONG+6,385 | 26,231+1,298 | Table | Chart |
| MSCI Emerging Markets COT Report | NET LONG+3,069 | +12,111 | +0.3% | NET SHORT-21,028 | 1,048,229-5,442 | Table | Chart |
| MSCI EAFE COT Report | NET SHORT-2,389 | -5,391 | -0.5% | NET SHORT-2,864 | 505,889+11,201 | Table | Chart |
| Bloomberg Commodity COT Report | NET SHORT-17,167 | -146 | -8.4% | NET LONG+16,751 | 204,709-3,918 | Table | Chart |
Source: the CFTC’s Legacy Commitments of Traders report, Futures Only. Large speculators = Non-Commercial, hedgers = Commercial. Each market is read from its own latest report, and contracts are never added up across markets, because every contract has its own size. The TFF report splits the same traders into four groups, so the Non-Commercial net here and the net of the leveraged funds can differ, even by side.
These are the 10 stock index markets. The full list of 350+ markets:COT Report Simplified
Stock index COT report of Nov 3, 2026: what changed
Largest weekly moves
Large speculators’ net change relative to open interest
- E-mini Dow Jones+2,6103.0% of OI
- E-mini Russell 2000+12,4252.8% of OI
- E-mini Nasdaq 100-5,9662.0% of OI
This week, large speculators moved to a net long position in MSCI Emerging Markets. This week, large speculators moved to a net short position in MSCI EAFE. The largest weekly move relative to open interest was in E-mini Dow Jones: the large speculators’ net long position grew by 2,610 contracts (3.0% of open interest). Commercials (hedgers) were net short in 5 of the 10 markets. On financial futures, Commercials are mostly dealers, banks and other institutions offsetting the exposure of their own business. Their net short or net long is mostly that offsetting, not a view on where the price is going.
More COT Report Formats
What the Stock index COT report covers
A stock index future holds a whole basket of shares in one contract, settled in cash rather than in stock. The US benchmarks lead this page: the E-mini S&P 500, the Nasdaq-100 E-mini, the E-mini Dow and the Russell 2000 E-mini, with the S&P MidCap 400 beside them. Further afield, the yen-priced Nikkei 225 contract and the MSCI Emerging Markets and MSCI EAFE futures follow shares outside the United States. Two contracts are not share indices: VIX futures, on the Cboe Futures Exchange, follow a volatility measure taken from S&P 500 options, and the Bloomberg Commodity Index tracks commodity futures.
In financial futures the Legacy report’s Commercial group holds the traders the CFTC classes as hedging: dealers and banks offsetting trades made with clients, and institutions that use index futures to adjust the equity exposure of their portfolios. The Non-Commercial group, the large speculators, takes in hedge funds, commodity trading advisers and other large traders. Because index futures are a quick way to hedge a portfolio of shares, a net short here can be protection for holdings rather than a view on prices.
The page shows the Legacy report, Futures Only, free to every visitor and the format with the longest history. The CFTC’s Traders in Financial Futures report (TFF) cuts the same markets into dealers, asset managers, leveraged funds and other reportables, and is the place to compare, say, asset managers with leveraged funds in the S&P 500. On this site the TFF tables are part of Premium.
Go deeper
Traders in Financial Futures (TFF) COT Premium: dealers, asset managers and leveraged fundsHow to Read COT ReportsFree: what every column means, net positions and a quick FAQCOT IndexFree: the net position as a 0-100 oscillator over several lookback windowsCOT Data ChartsFree: positions against price and open interest, with years of historyStock index COT report: common questions
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Are large speculators long or short stock index futures this week?
In the stock index COT report of Nov 3, 2026, large speculators (Non-Commercial) were net long in 5 of the 10 stock index markets in that report (E-mini Nasdaq 100, S&P MidCap 400, E-mini Dow Jones, Nikkei 225, and MSCI Emerging Markets) and net short in 5 (VIX, Bloomberg Commodity, E-mini S&P 500, E-mini Russell 2000, and MSCI EAFE).
Which market holds the largest net long and the largest net short position of large speculators in stock index futures?
In the COT report of Nov 3, 2026, the largest net long position of the large speculators (Non-Commercial) was in E-mini Nasdaq 100: 42,873 contracts, 14.7% of open interest. They have been net long there in each of the last 11 weekly reports. The largest net short position was in VIX: 76,916 contracts, 20.7% of open interest. It is their smallest net short position since Aug 11, 2026. The comparison uses each market’s share of its own open interest, because contract sizes differ from one market to another.
Which market had the largest weekly change in stock index futures this week?
The largest weekly move relative to open interest was in E-mini Dow Jones: the large speculators’ net long position grew by 2,610 contracts (3.0% of open interest). The weekly change compares the COT report of Nov 3, 2026 with the report of the week before, measured against each market’s own open interest.
In how many stock index futures markets are the Commercials (hedgers) net short this week?
In the COT report of Nov 3, 2026, Commercials (hedgers) were net short in 5 of the 10 markets. On financial futures, Commercials are mostly dealers, banks and other institutions offsetting the exposure of their own business. Their net short or net long is mostly that offsetting, not a view on where the price is going.
Which COT report covers stock index futures?
This page uses the CFTC’s Legacy report (Futures Only), free for every visitor: it splits each market into large speculators (Non-Commercial), hedgers (Commercial) and small traders (Non-Reportable). For stock index futures the CFTC also publishes the Traders in Financial Futures report (TFF), which splits the same traders into dealers, asset managers, leveraged funds and other reportables. On this site the TFF tables are part of Premium.
Who are the Commercials and the Non-Commercials in stock index futures?
In financial futures the Legacy report’s Commercial group holds the traders the CFTC classes as hedging: dealers and banks offsetting trades made with clients, and institutions that use index futures to adjust the equity exposure of their portfolios. The Non-Commercial group, the large speculators, takes in hedge funds, commodity trading advisers and other large traders. Because index futures are a quick way to hedge a portfolio of shares, a net short here can be protection for holdings rather than a view on prices.
When does the next COT report for stock index futures come out?
The CFTC publishes the COT report every Friday at 3:30 PM Eastern Time, with the positions held at the close of the Tuesday of the same week. When a US federal holiday falls on the Wednesday, Thursday or Friday of that week, the release moves to the next business day, usually the Monday after; a Monday holiday does not delay it.
Where can I see the COT history of stock index futures for free?
Every market on this page links to its COT table (Legacy report, Futures Only), where every visitor sees the last 6 months (26 weekly reports); a free account opens up to 10 years. Each market’s COT chart shows up to 10 years of weekly positions to everyone, no account needed.
Where can I find the stock index COT report?
Right here: this page is the stock index COT report of COT-Reports.com, free for every visitor. It covers the 10 stock index markets the CFTC reports every week (E-mini S&P 500, E-mini Russell 2000, VIX, E-mini Nasdaq 100, E-mini Dow Jones, S&P MidCap 400, Nikkei 225, MSCI Emerging Markets, MSCI EAFE, and Bloomberg Commodity), with the net positions of the large speculators (Non-Commercial) and the hedgers (Commercial) from the latest Legacy report (Futures Only), refreshed with every weekly CFTC release. In the table, each market’s name opens its own COT report page, such as the E-mini S&P 500 COT report.