Stalk the market. Avoid the noise.

Who’s long, who’s short, and where the options are stacked. Stalk the Market reads futures positioning and options flow and puts both in plain English.

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This week · Fri Nov 6

Nasdaq Positioning Tilted Before the Slide, and Bitcoin’s Dealer Cushion Is Down to Its Thinnest

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New issues Fridays, after the CFTC release.

Dealer net positioning, in σ Live · FRI 11·06 16:15 ET

ES S&P 500 +0.1σ neutral

NQ Nasdaq -1.8σ extended short

RTY Russell 2000 +0.2σ neutral

VIX VIX +0.8σ neutral

ZN 10Y Note -1.6σ extended short

DX USD Index -1.2σ extended short

BTC Bitcoin -2.1σ capitulation

GC Gold +1.7σ commercials elevated high

Positions as of Tue Nov 3 · W45

BTC Bitcoin -2.1σ capitulation

Bitcoin dealers sit 2.1σ below their two-year average, past the −2σ line, at the low end of their range.

A negative σ means below the dealers’ own two-year average, not a net short.

Measures: Dealers
Prior week: -1.9σ
26-week range: -2.1 to -0.2σ
Weeks past ±2σ: 1 of 26

Positions as of Tuesday. Who holds what, not where price goes next.

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№ 01Flagship

For investorsSmart Money PulseandFor professionalsLiquidity Trajectory

Who is on the other side of your trade? Dealer and speculator positioning across equity-index, volatility, rates, FX, crypto, and commodity futures. Weekly CFTC data cleaned into z-scores, percentiles, and regime signals.

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Desk summary · W4524 markets · 6 asset classes

1extreme position

6elevated positions

19active lev regimes

4concentration flags

№ 02Private beta