VIX Futures Speculators Trim Bearish Bets For Third Straight Week
Zachary Storella | Jun 09, 2014 01:04AM ET
Weekly CFTC Net Speculator VIX Report
Large traders and speculators trimmed their bearish bets in the VIX futures market for a third consecutive week last week, according to the latest data from the Commodity Futures Trading Commission (CFTC) released on Friday.
The VIX non-commercial futures contracts, comprising of large speculator and hedge fund positions, totaled a net bearish position of -76,796 contracts in the data reported for June 3rd. This was a change of +4,983 contracts from the previous week’s total of -81,779 net contracts that was registered on May 27th.
The VIX index level, meanwhile, edged higher from a 11.51 reading on Tuesday May 27th to a 11.87 reading on Tuesday June 3rd, according to the Chicago Board Options Exchange (CBOE) Volatility Index.
Disclaimer: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.