COT report · positions as of 27 October 2026 · published 30 Oct
COT report: what changed in the week of 27 October 2026
In the CFTC report for positions as of 27 October 2026, published 30 October, the biggest change was in platinum: speculators sold 4,824 contracts net, 31.4% of its one-year range, leaving them net long at 1,765. Read on WatchTower Terminal from the CFTC's own figures.
The biggest changes
Platinum: speculators sold 4,824 contracts net, taking them to 1,765 (net long), a move of 31.4% of the past year's range.
Platinum COT positioningThe Nasdaq 100: speculators sold 12,409 contracts net, taking them to 65,381 (net long), a move of 29.5% of the past year's range.
Nasdaq 100 COT positioningThe Swiss franc: speculators sold 3,895 contracts net, taking them to −17,502 (net short), a move of 17.7% of the past year's range, and the most short reading of the year.
Swiss Franc COT positioningCopper: speculators sold 7,115 contracts net, taking them to 40,575 (net long), a move of 15.1% of the past year's range.
Copper COT positioningThe pound: speculators sold 6,909 contracts net, taking them to 17,195 (net long), a move of 14% of the past year's range.
British Pound COT positioning
At a one-year extreme: Euro (most short), Palladium (most short), Silver (most short), Swiss Franc (most short).
Every market, week of 27 October
| Market | Net speculative position | Change on the week | Where in its year |
|---|---|---|---|
| Australian Dollar | 48,414 net long | −4,0834.6% of range | 75%inside the range |
| British Pound | 17,195 net long | −6,90914% of range | 38%inside the range |
| Canadian Dollar | −96,747 net short | −5,6348% of range | 8%near the year’s most short |
| Copper | 40,575 net long | −7,11515.1% of range | 11%inside the range |
| Dow Jones | 12,233 net long | −8333.1% of range | 72%inside the range |
| Euro | −71,574 net short | −2,7342.1% of range | 0%near the year’s most short |
| Gold | 105,562 net long | +1,3562.5% of range | 29%inside the range |
| Japanese Yen | −14,630 net short | +8,2606% of range | 73%inside the range |
| Mexican Peso | 68,335 net long | +4,5219.9% of range | 53%inside the range |
| Nasdaq 100 | 65,381 net long | −12,40929.5% of range | 36%inside the range |
| New Zealand Dollar | −22,554 net short | −3,2748.5% of range | 28%inside the range |
| Nikkei 225 | 6,537 net long | +210.2% of range | 84%inside the range |
| Palladium | −13,297 net short | −1,3039.1% of range | 0%near the year’s most short |
| Platinum | 1,765 net long | −4,82431.4% of range | 3%near the year’s most short |
| S&P 500 | 923,449 net long | +22,07212.5% of range | 26%inside the range |
| Silver | 3,321 net long | −1840.8% of range | 0%near the year’s most short |
| Swiss Franc | −17,502 net short | −3,89517.7% of range | 0%near the year’s most short |
| US Dollar | 3,158 net long | −250.1% of range | 82%inside the range |
| WTI Crude | 31,128 net long | −5,0593.4% of range | 46%inside the range |
Net speculative position is non-commercial longs minus shorts, in contracts, from the CFTC Commitments of Traders report for positions as of 27 October 2026, published 30 October 2026. "Where in its year" puts the position between the lowest (0%) and highest (100%) net reading of the past 52 weeks. Contract sizes differ by market, so the change is also given as a share of that range.
Questions
What changed most in the COT report of 27 October 2026?
Platinum: speculators sold 4,824 contracts net, taking them to 1,765 (net long), a move of 31.4% of the past year's range. The Nasdaq 100: speculators sold 12,409 contracts net, taking them to 65,381 (net long), a move of 29.5% of the past year's range. The Swiss franc: speculators sold 3,895 contracts net, taking them to −17,502 (net short), a move of 17.7% of the past year's range, and the most short reading of the year.
Which markets are at a positioning extreme?
As of 27 October 2026, speculators were at their most short of the past year in the euro, most short of the past year in palladium, most short of the past year in silver, most short of the past year in the Swiss franc.
When is the COT report released?
The CFTC publishes the Commitments of Traders report on Friday afternoon (3:30pm New York time), for positions as of the Tuesday before. This week's positions were taken on 27 October 2026 and published on 30 October 2026.
How should the COT report be read?
As a picture of how speculative money is positioned, not as a timing tool. A position near its one-year extreme says the trade is crowded, which matters most when the story behind it changes. WatchTower Terminal folds the level and the weekly flow into each market's composite score.
In WatchTower Terminal the COT positioning panel carries three years of history per market, beside retail positioning; the terminal is $10 for the first month. Nothing here is financial advice.