Week of Oct 20, 2025

The Hollow Gap was -42

Everyday traders more bullish. Big money vs. everyday traders, in one number.

The Hollow Gap
-42
Big money
-40
Everyday traders
+2

Big money scored -40 and everyday traders +2, so the Hollow Gap was -42 (everyday traders more bullish). In the AAII survey, 36.9% of members were bullish and 42.7% bearish.

The four readings

ReadingScoreDetail
Hedge funds-87Leveraged funds net short 441,001 contracts
Asset managers+6Asset managers net long 902,735 contracts
AAII mood-9AAII: 36.9% bullish, 42.7% bearish (spread -5.8 pts)
Small traders+13Small traders net long 93,773 contracts

Scores run from -100 to +100: each reading is ranked against its own previous 52 weeks. Big money averages hedge funds and asset managers; everyday traders averages AAII mood and small traders. CFTC positions are as of that week's Tuesday; the AAII survey closes that Wednesday. A gauge, not a forecast. New to this? Read what the AAII survey is and how to read the COT report.

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