Death comes to us all. Life's but a walking shadow | Can anyone explain their answer?
The reason for my question is this: I calculated the difference between the COT futures only report and the COT futures & options report for each of the categories of traders and got this (see the chart below). The first chart is '14 corn futures only, the second is '14 corn futures & options while the third is the difference between the two at each data point. The line corresponding to the other reportable options is negative implying options reduce the number of futures contracts for that category to less than zero. Your explanation suggests that the other reportable category uses put options which appear negative.
 (14 corn futs only short by category-page-001.jpg)
 (14 corn futs & opts short by trader category-page-001.jpg)
 (14 corn opts short by category-page-001.jpg)
Attachments
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 14 corn futs only short by category-page-001.jpg (63KB - 155 downloads)
14 corn futs & opts short by trader category-page-001.jpg (57KB - 154 downloads)
14 corn opts short by category-page-001.jpg (49KB - 155 downloads)
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Interpreting the COT.
