{
  "timestamp": "2026-04-10T13:00:12.233754",
  "current": {
    "date": "2026-04-07",
    "open_interest": 1929090,
    "oi_change_pct": -0.38,
    "positions": {
      "dealer": {
        "net": -808612,
        "net_pct_oi": -41.92,
        "z52": -2.13,
        "change_1w": -4.77
      },
      "asset_manager": {
        "net": 940435,
        "net_pct_oi": 48.75,
        "z52": 1.37,
        "change_1w": 0.11
      },
      "leveraged_funds": {
        "net": -244483,
        "net_pct_oi": -12.67,
        "z52": 1.0,
        "long_ratio": 0.274,
        "change_1w": 6.27
      },
      "non_reportable": {
        "net": 63194,
        "net_pct_oi": 3.28,
        "z52": -0.71
      }
    },
    "signals": [
      "Asset managers at z=1.4 \u2192 BULLISH (trend)",
      "Dealers at z=-2.1 extreme \u2192 BULLISH (contrarian)"
    ]
  },
  "backtest_summary": {
    "lev_contrarian_z52_t1.0": {
      "is_sharpe": 0.375,
      "oos_sharpe": -1.415,
      "is_wr": 49.5,
      "oos_wr": 46.6,
      "is_n": 210,
      "oos_n": 103,
      "oos_total_ret": -65.01
    },
    "lev_contrarian_z52_t1.5": {
      "is_sharpe": -0.556,
      "oos_sharpe": -0.914,
      "is_wr": 47.8,
      "oos_wr": 51.7,
      "is_n": 90,
      "oos_n": 60,
      "oos_total_ret": -26.06
    },
    "lev_contrarian_z52_t2.0": {
      "is_sharpe": -1.107,
      "oos_sharpe": -1.426,
      "is_wr": 41.2,
      "oos_wr": 44.8,
      "is_n": 34,
      "oos_n": 29,
      "oos_total_ret": -18.39
    },
    "lev_contrarian_z104_t1.0": {
      "is_sharpe": -0.152,
      "oos_sharpe": -0.053,
      "is_wr": 45.6,
      "oos_wr": 54.1,
      "is_n": 217,
      "oos_n": 111,
      "oos_total_ret": -2.87
    },
    "lev_contrarian_z104_t1.5": {
      "is_sharpe": -0.399,
      "oos_sharpe": -0.847,
      "is_wr": 43.6,
      "oos_wr": 48.5,
      "is_n": 101,
      "oos_n": 66,
      "oos_total_ret": -24.94
    },
    "lev_contrarian_z104_t2.0": {
      "is_sharpe": 0.935,
      "oos_sharpe": -0.603,
      "is_wr": 57.6,
      "oos_wr": 48.4,
      "is_n": 33,
      "oos_n": 31,
      "oos_total_ret": -8.61
    },
    "am_trend_z52_t0.5": {
      "is_sharpe": -0.444,
      "oos_sharpe": 0.991,
      "is_wr": 50.0,
      "oos_wr": 61.5,
      "is_n": 388,
      "oos_n": 200,
      "oos_total_ret": 83.67
    },
    "am_trend_z52_t1.0": {
      "is_sharpe": -0.691,
      "oos_sharpe": 0.256,
      "is_wr": 47.7,
      "oos_wr": 58.0,
      "is_n": 237,
      "oos_n": 143,
      "oos_total_ret": 15.81
    },
    "am_trend_z52_t1.5": {
      "is_sharpe": -0.464,
      "oos_sharpe": -0.378,
      "is_wr": 49.2,
      "oos_wr": 51.5,
      "is_n": 128,
      "oos_n": 68,
      "oos_total_ret": -13.22
    },
    "am_trend_z104_t0.5": {
      "is_sharpe": -0.291,
      "oos_sharpe": 0.614,
      "is_wr": 53.4,
      "oos_wr": 62.8,
      "is_n": 382,
      "oos_n": 180,
      "oos_total_ret": 50.49
    },
    "am_trend_z104_t1.0": {
      "is_sharpe": -0.747,
      "oos_sharpe": 0.87,
      "is_wr": 50.5,
      "oos_wr": 63.9,
      "is_n": 220,
      "oos_n": 119,
      "oos_total_ret": 45.02
    },
    "am_trend_z104_t1.5": {
      "is_sharpe": -0.934,
      "oos_sharpe": 0.237,
      "is_wr": 48.2,
      "oos_wr": 58.2,
      "is_n": 114,
      "oos_n": 55,
      "oos_total_ret": 6.18
    },
    "dealer_contrarian_z52_t1.0": {
      "is_sharpe": -0.527,
      "oos_sharpe": 0.681,
      "is_wr": 50.9,
      "oos_wr": 57.6,
      "is_n": 275,
      "oos_n": 144,
      "oos_total_ret": 45.07
    },
    "dealer_contrarian_z52_t1.5": {
      "is_sharpe": -1.082,
      "oos_sharpe": 0.858,
      "is_wr": 46.5,
      "oos_wr": 55.3,
      "is_n": 144,
      "oos_n": 76,
      "oos_total_ret": 32.09
    },
    "dealer_contrarian_z104_t1.0": {
      "is_sharpe": -0.437,
      "oos_sharpe": 1.088,
      "is_wr": 53.9,
      "oos_wr": 65.6,
      "is_n": 280,
      "oos_n": 122,
      "oos_total_ret": 60.3
    },
    "dealer_contrarian_z104_t1.5": {
      "is_sharpe": -0.914,
      "oos_sharpe": 1.122,
      "is_wr": 49.7,
      "oos_wr": 64.9,
      "is_n": 151,
      "oos_n": 57,
      "oos_total_ret": 26.76
    },
    "lev_ratio_20_80": {
      "is_sharpe": 0.066,
      "oos_sharpe": -0.164,
      "is_wr": 48.6,
      "oos_wr": 51.2,
      "is_n": 245,
      "oos_n": 125,
      "oos_total_ret": -10.07
    },
    "lev_ratio_25_75": {
      "is_sharpe": -0.132,
      "oos_sharpe": -0.336,
      "is_wr": 46.3,
      "oos_wr": 50.0,
      "is_n": 287,
      "oos_n": 144,
      "oos_total_ret": -23.33
    },
    "lev_ratio_30_70": {
      "is_sharpe": -0.598,
      "oos_sharpe": -0.106,
      "is_wr": 44.3,
      "oos_wr": 50.0,
      "is_n": 343,
      "oos_n": 158,
      "oos_total_ret": -7.99
    },
    "lev_mom4w_t3": {
      "is_sharpe": 0.98,
      "oos_sharpe": -0.315,
      "is_wr": 53.9,
      "oos_wr": 49.0,
      "is_n": 206,
      "oos_n": 100,
      "oos_total_ret": -16.52
    },
    "lev_mom4w_t5": {
      "is_sharpe": 0.47,
      "oos_sharpe": -0.255,
      "is_wr": 57.0,
      "oos_wr": 56.2,
      "is_n": 79,
      "oos_n": 48,
      "oos_total_ret": -6.62
    },
    "lev_mom4w_t8": {
      "is_sharpe": -0.498,
      "oos_sharpe": -1.227,
      "is_wr": 47.4,
      "oos_wr": 44.4,
      "is_n": 19,
      "oos_n": 18,
      "oos_total_ret": -11.17
    },
    "am_mom4w_t3": {
      "is_sharpe": 0.391,
      "oos_sharpe": -0.442,
      "is_wr": 53.1,
      "oos_wr": 54.6,
      "is_n": 294,
      "oos_n": 130,
      "oos_total_ret": -25.83
    },
    "am_mom4w_t5": {
      "is_sharpe": 0.279,
      "oos_sharpe": -1.013,
      "is_wr": 54.2,
      "oos_wr": 51.4,
      "is_n": 168,
      "oos_n": 72,
      "oos_total_ret": -32.23
    },
    "am_mom4w_t8": {
      "is_sharpe": 1.579,
      "oos_sharpe": 1.892,
      "is_wr": 63.3,
      "oos_wr": 72.7,
      "is_n": 60,
      "oos_n": 22,
      "oos_total_ret": 16.79
    },
    "composite_lev_am": {
      "is_sharpe": -2.376,
      "oos_sharpe": 1.871,
      "is_wr": 41.2,
      "oos_wr": 65.4,
      "is_n": 51,
      "oos_n": 26,
      "oos_total_ret": 15.47
    }
  },
  "data_range": "2010-07-20 to 2026-04-07",
  "total_observations": 808
}