Platinum (NYMEX)

Platinum positioning

Price series: Platinum futures (front month) · positions as of Tuesday Nov 3, 2026, published Friday Nov 6, 2026

Last weekly close · Platinum futures (front month)
1,524
Managed money net position (contracts)
-1,283

This week · published Nov 6, 2026

Platinum, week of Nov 3, 2026: Managed money sit at the 39th percentile of their 3-year range. They cut 3,048 net long contracts on the week. 8-week signal: convergence — healthy downtrend.

COT Index

0–100 · vs last 3 years

How extreme today's positioning is compared with this group's own history.

Each group's current net position, rescaled 0–100 against its own high and low over the selected lookback. 0 = most bearish it has been in that window, 100 = most bullish. Unitless by design, so markets of very different sizes can be compared.

Non-commercial (large specs)28 · neutral

Leaning short, but not yet at an extreme.

Commercial (hedgers)82 · stretched long

Near the most bullish this group has been in the window.

Managed money39 · neutral

Leaning short, but not yet at an extreme.

Producers / merchants100 · stretched long

Near the most bullish this group has been in the window.

Swap dealers20 · stretched short

Near the most bearish this group has been in the window.

0 · most bearish50 · mid-range100 · most bullish

COT Index = ((Current − Min) / (Max − Min)) × 100, over the last 3 years

Method credit: the 0–100 normalization goes back to Larry Williams' COT work in the 1980s and was developed and popularized by Stephen Briese, author of The Commitments of Traders Bible.

Managed money — COT index history (0–100, rolling 3 years window)

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Source: CFTC Commitments of Traders — positions as of Tuesday, published the following Friday. All position figures are futures contracts unless the % of open interest view is selected. Positioning is a sentiment tool, not a timing signal. Not investment advice.