Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Fall Roughly 2% and 4%
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 8 15 2018
By: Ira Epstein

Gold And Silver: Similar To 2008
By: Dave Kranzler

It's Time for Contrarians to Get Bullish on Gold
By: Frank Holmes

Merk Research - US Equity Markets
By: Axel Merk

This Analysis Will Change The Way You Invest Forever - Part 1
By: Avi Gilburt

London House Prices Fall At Fastest Rate Since Height Of Financial Crisis
By: GoldCore

Gold Seeker Closing Report: Gold and Silver Gain with Stocks and Dollar
By: Chris Mullen, Gold Seeker Report

Jack Chan's Question: Is This an Exhaustion Gap or a Breakaway Gap?
By: Jack Chan

Ira Epstein's Metals Video 8 14 2018
By: Ira Epstein

 
Search

GoldSeek Web

 
COT Gold, Silver and US Dollar Index Report - May 4, 2018

 -- Published: Friday, 4 May 2018 | Print  | Disqus 

Gold COT Report - Futures

Large Speculators

Commercial

Total

Long

Short

Spreading

Long

Short

Long

Short

209,577

102,798

66,156

179,735

311,607

455,468

480,561

Change from Prior Reporting Period

-16,227

13,640

11,802

4,020

-25,908

-405

-466

Traders

195

86

90

51

53

288

191

 

 

Small Speculators

 

 

 

 

Long

Short

Open Interest

 

 

 

52,288

27,195

507,756

 

 

 

1,751

1,812

1,346

 

 

 

non reportable positions

Change from the previous reporting period

 

COT Gold Report - Positions as of

Tuesday, May 1, 2018

 

Gold COT Report - Futures & Options Combined

Large Speculators

Commercial

Total

Long

Short

Spreading

Long

Short

Long

Short

203,301

99,934

183,377

270,285

400,636

656,963

683,946

Change from Prior Reporting Period

-25,894

12,652

7,212

-460

-37,917

-19,142

-18,053

Traders

218

104

145

54

60

332

252

 

 

Small Speculators

 

 

 

 

Long

Short

Open Interest

 

 

 

58,266

31,283

715,229

 

 

 

2,596

1,507

-16,546

 

 

 

non reportable positions

Change from the previous reporting period

 

COT Gold Report - Positions as of

Tuesday, May 1, 2018

 

Silver COT Report: Futures

Large Speculators

Commercial

Long

Short

Spreading

Long

Short

68,528

75,724

15,403

78,011

89,989

726

19,889

-11,321

2,625

-16,962

Traders

110

64

43

38

34

Small Speculators

Open Interest

Total

Long

Short

194,685

Long

Short

32,743

13,569

161,942

181,116

948

1,372

-7,022

-7,970

-8,394

non reportable positions

Positions as of:

167

128

 

Tuesday, May 1, 2018

  © SilverSeek.com  

 

Silver COT Report: Futures & Options Combined

Large Speculators

Commercial

Long

Short

Spreading

Long

Short

67,331

75,490

27,946

85,496

97,676

2,044

20,510

-13,813

1,171

-17,382

Traders

128

69

69

43

38

Small Speculators

Open Interest

Total

Long

Short

215,894

Long

Short

35,120

14,781

180,774

201,112

1,432

1,520

-9,164

-10,597

-10,684

non reportable positions

Positions as of:

196

155

 

Tuesday, May 1, 2018

  © SilverSeek.com  

 

US Dollar Index COT Report - Futures

Large Speculators

Commercial

Total

Long

Short

Spreading

Long

Short

Long

Short

24,780

26,514

1,723

2,213

5,221

28,716

33,458

2,866

2,819

42

518

531

3,426

3,392

Traders

85

49

13

11

5

103

60

 

Small Speculators

 

 

 

 

Long

Short

Open Interest

 

 

 

6,724

1,982

35,440

 

 

 

-100

-66

3,326

 

 

 

non reportable positions

Change from the previous reporting period

 

COT Silver Report - Positions as of

Tuesday, May 1, 2018

 

US Dollar Index COT Report - Futures & Options Combined

Large Speculators

Commercial

Total

Long

Short

Spreading

Long

Short

Long

Short

24,889

26,538

1,818

2,213

5,330

28,921

33,687

2,866

2,773

110

518

582

3,494

3,465

Traders

86

49

16

11

5

106

61

 

Small Speculators

 

 

 

 

Long

Short

Open Interest

 

 

 

6,762

1,996

35,682

 

 

 

-89

-60

3,405

 

 

 

non reportable positions

Change from the previous reporting period

 

COT Silver Report - Positions as of

Tuesday, May 1, 2018

  

The COT reports which we look at each week provide a breakdown of each Tuesday's open interest for markets in which 20 or more traders hold positions equal to or above the reporting levels established by the CFTC.   The weekly reports for Futures-and-Options-Combined Commitments of Traders are released every Friday at 3:30 p.m. Eastern time.   The short report shows open interest separately by reportable and Non-reportable positions.   For reportable positions, additional data is provided for commercial and non-commercial holdings, spreading, changes from the previous report.

 

Futures and Options Combined

What does this title mean?   A future is a standardized contract traded through regulated exchanges where an investor buys or sells a contract at a specified price for a specific date in the future.   The price includes the interest charge due to the seller by the buyer from the date of the contract to the due date.   An option is the ‘right to buy or sell’ a contract at a fixed date in the future at a specific [strike] price.   The difference is that a futures contract is an agreement to buy or sell, whereas an option gives the holder the right to buy or sell.   An option holder can decide not to take up that right and will only lose the cost of buying the option.   His loss is therefore definable at the start of his investment, while the potential profit has not limit to it.   A futures contract is usually leveraged [a loan provided] up to 90% of the contract.   However, with the owner liable to top up his ‘margin’ to maintain this 10% his potential losses can rise far higher than his investment.  A ‘long’ [buying] contract limits its loss to the full price of the item, whereas the ‘short’ [selling] contract has no limit except the height that the price of the item can rise to.

 

The Commitment of Traders report [COT] is therefore a report on the overall position of the Commodity Exchange [COMEX or NYMEX].

 

Large & Small Speculators

The word “speculator” implies that the person is simply making a bet on the way he thinks the price of the item is going to move.   In essence, he is a gambler.   A trader might be this, but then again he might be an Arbitrageur, buying in one market and selling in another to capture the price difference between the two.   He wants to deal as fast as possible so as to minimize his risk of a price movement while he is exposed.   We would not put him in the same category as a speculator.

 

Contract

One contract is 100 ounces of gold, or 5,000 ounces silver.   The numbers referred to above are therefore the number of contracts in that position.   The net long speculative position is found by adding the large and small speculators bought contracts and deducting the large and small speculators sold contracts.   We work on there being 32,150 ounces in a tonne.

 

Buy [Long]

A long position is where an investor, trader, speculator buys 100 ounces x the number of contracts.     

 

Sell [Short]

A short position is where an investor, trader, speculator sells 100 ounces x the number contracts.

 

Spreading

For the options-and-futures-combined report, spreading measures the extent to which each non-commercial trader holds equal combined-long and combined-short positions. For example, if a non-commercial trader in Gold futures holds 2,000 long contracts and 1,500 short contracts, 500 contracts will appear in the "Long" category and 1,500 contracts will appear in the "Spreading" category.

 

Open Interest

Open interest is the total of all futures and/or option contracts entered into and not yet offset by a transaction, by delivery, by exercise, etc. The aggregate of all long open interest is equal to the aggregate of all short open interest.

 

Reportable Positions

Clearing members, futures commission merchants, and foreign brokers (collectively called "reporting firms") file daily reports with the Commission. Those reports show the futures and option positions of traders that hold positions above specific reporting levels set by CFTC regulations.

 

Commercial and Non-commercial Traders

When an individual reportable trader is identified to the Commodities Futures Trading Commission, the trader is classified either as "commercial" or "non-commercial." All of a trader's reported futures positions in a commodity are classified as commercial if the trader uses futures contracts in that particular commodity for hedging as defined in the Commission's regulations (1.3(z)).

 

Non-reportable Positions

The long and short open interest shown as "Non-reportable Positions" are derived by subtracting total long and short "Reportable Positions" from the total open interest. Accordingly, for "Non-reportable Positions," the number of traders involved and the commercial/non-commercial classification of each trader are unknown.

 

Changes in Commitments from Previous Reports

Changes represent the differences between the data for the current report date and the data published in the previous report.

 

Number of Traders

To determine the total number of reportable traders in a market, a trader is counted only once regardless whether the trader appears in more than one category (non-commercial traders may be long or short only and may be spreading; commercial traders may be long and short). To determine the number of traders in each category, however, a trader is counted in each category in which the trader holds a position. Therefore, the sum of the numbers of traders in each category will often exceed the "Total" number of traders in that market.

 


| Digg This Article
 -- Published: Friday, 4 May 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2018



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.