VIX Speculators Pushed Bearish Bets To New Record High
Zachary Storella | Nov 03, 2019 01:31AM ET
Get The News You Want
VIX Non-Commercial Speculator Positions:
Get The News You Want
Get The News You Want
Large volatility speculators sharply raised their bearish net positions in the VIX futures markets again this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
Get The News You Want
Get The News You Want
The non-commercial futures contracts of VIX futures, traded by large speculators and hedge funds, totaled a net position of -187,948 contracts in the data reported through Tuesday October 29th. This was a weekly change of -16,712 net contracts from the previous week which had a total of -171,236 net contracts.
Get The News You Want
The week’s net position was the result of the gross bullish position (longs) falling by -4,495 contracts (to a weekly total of 80,843 contracts) while the gross bearish position (shorts) saw a gain of 12,217 contracts for the week (to a total of 268,791 contracts).
Get The News You Want
Get The News You Want
VIX speculators continued to raise their bearish positions for the ninth consecutive week and have now added a total of -130,795 contracts to their bearish position over that nine-week period. This brings the current bearish standing to a total of -187,948 contracts which surpasses the previous record high bearish level of -180,359 that was reached on April 30th.
Get The News You Want
Get The News You Want
VIX Commercial Positions:
Get The News You Want
The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 199,743 contracts on the week. This was a weekly advance of 18,082 contracts from the total net of 181,661 contracts reported the previous week.
Get The News You Want
This week’s total also marks a record high position for the commercials but on the bullish side of the ledger. The previous record high was +183,724 contracts on April 30th.
Get The News You Want
VIX Futures:
Get The News You Want
Get The News You Want
Over the same weekly reporting time-frame, from Tuesday to Tuesday, the VIX Futures (Front Month) closed at approximately $15.47 which was a decrease of $-1.00 from the previous close of $16.47, according to unofficial market data.
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.