I would say the easy money made last week may buy some an education if they think they can control the long side of silver. While there may be a lot of little guys buying at the sound of the trumpet, but when 1st notice day comes around they will be acting by them selves and not as a group.Most likely they will bail and not take the chance with getting notice and have to retender, that gets expensive. Or they could just pretend they are still King, at least till the truck backs up to their door and asks where do you want this silver?
https://www.cftc.gov/dea/options/other_lof.htmSILVER - COMMODITY EXCHANGE INC. Code-084691
Disaggregated Commitments of Traders - Options and Futures Combined, January 26, 2021
-------------------------------------------------------------------------------------------------------------------------------------------------------------
: : Reportable Positions : Nonreportable
: : Producer/Merchant/ : : : : Positions
: Open : Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Interest : Long : Short : Long : Short :Spreading : Long : Short :Spreading : Long : Short :Spreading : Long : Short
-------------------------------------------------------------------------------------------------------------------------------------------------------------
: :(CONTRACTS OF 5,000 TROY OUNCES) :
: : Positions :
All : 190,750: 8,354 61,104 30,448 52,090 8,859 67,430 23,110 4,066 17,617 7,375 23,347: 30,628 10,799
Old : 190,750: 8,354 61,104 30,448 52,090 8,859 67,430 23,110 4,066 17,617 7,375 23,347: 30,628 10,799
Other: 0: 0 0 0 0 0 0 0 0 0 0 0: 0 0
: : :
: : Changes in Commitments from: January 19, 2021 :
: -2,937: 143 2,074 -116 653 -376 306 -2,521 901 259 744 -4,155: 101 -257
: : :
: : Percent of Open Interest Represented by Each Category of Trader :
All : 100.0: 4.4 32.0 16.0 27.3 4.6 35.4 12.1 2.1 9.2 3.9 12.2: 16.1 5.7
Old : 100.0: 4.4 32.0 16.0 27.3 4.6 35.4 12.1 2.1 9.2 3.9 12.2: 16.1 5.7
Other: 100.0: 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0: 0.0 0.0
: : :
: : Number of Traders in Each Category :
All : 222: 11 25 16 22 22 56 12 29 49 31 37:
Old : 222: 11 25 16 22 22 56 12 29 49 31 37:
Other: 0: 0 0 0 0 0 0 0 0 0 0 0:
:-------------------------------------------------------------------------------------------------------------------------------------------------------
: Percent of Open Interest Held by the Indicated Number of the Largest Traders
: By Gross Position By Net Position
: 4 or Less Traders 8 or Less Traders 4 or Less Traders 8 or Less Traders
: Long: Short Long Short: Long Short Long Short
:----------------------------------------------------------------------------------------------------
All : 19.0 32.5 28.1 42.9 18.9 30.6 27.5 40.5
Old : 19.0 32.5 28.1 42.9 18.9 30.6 27.5 40.5
Other: 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0