Managed Money net +1,846 contracts in EP SAN JUAN BASIS, positions as of Tue 20 Oct 2026.
Data as of Positions as of Tue 20 Oct 2026; published Fri 23 Oct 2026
Positions as of Tue 20 Oct 2026 - published Fri 23 Oct 2026 (CFTC, Friday release)
Report family
Disaggregated
Basis
Futures only
Market
EP SAN JUAN BASIS - ICE FUTURES ENERGY DIV
CFTC contract code
0233A8
Contract unit
2500 Mmbtu
Open interest, contracts
261,110
Change in open interest, contracts
-1,099
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
154,590
192,621
-
-38,031
59.2
73.8
-14.6
Swap Dealers
73,507
37,252
15,887
+36,255
28.2
14.3
13.9
Managed Money
1,846
0
1,220
+1,846
0.7
0.0
0.7
Other Reportables
642
5,652
1,956
-5,010
0.2
2.2
-1.9
Total reportable
249,648
254,588
-
-4,940
95.6
97.5
-1.9
Nonreportable
11,462
6,522
-
+4,940
4.4
2.5
1.9
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+1,846
Week change
-428
4-week change
-1,872
13-week change
-10,586
Net as % of open interest
0.7%
Percentile, 1 year (52 weeks)
6
Percentile, 3 years (156 weeks)
13
Z-score, 52 weeks
-1.20
COT Index, 3 years
8
52-week high of net
+87,411
52-week low of net
+1,538
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
14
11
Swap Dealers
6
5
Managed Money
-
0
Total reportable
27
23
Largest 4 traders, gross long
54.7%
Largest 4 traders, gross short
67.6%
Largest 8 traders, gross long
75.8%
Largest 8 traders, gross short
83.1%
Largest 4 traders, net long
44.0%
Largest 4 traders, net short
51.4%
Largest 8 traders, net long
56.3%
Largest 8 traders, net short
62.2%
Concentration is the share of open interest held by the largest traders, as published in the report.
Latest report, futures and options combined
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
154,590
192,621
-
-38,031
59.2
73.8
-14.6
Swap Dealers
73,507
37,252
15,887
+36,255
28.2
14.3
13.9
Managed Money
1,846
0
1,220
+1,846
0.7
0.0
0.7
Other Reportables
642
5,652
1,956
-5,010
0.2
2.2
-1.9
Total reportable
249,648
254,588
-
-4,940
95.6
97.5
-1.9
Nonreportable
11,462
6,522
-
+4,940
4.4
2.5
1.9
The combined basis adds options converted to futures equivalents at exchange delta factors. The two bases are never mixed in one series; the history on this page is futures only.
Open interest by maturity split
All contract months, contracts
261,110
Old crop / nearest months, contracts
261,110
Other months, contracts
0
Recent reports, net by category
Report date
Open interest
Producer/Merchant/Processor/User
Swap Dealers
Managed Money
Other Reportables
Total reportable
Nonreportable
Tue 20 Oct 2026
261,110
-38,031
+36,255
+1,846
-5,010
-4,940
+4,940
Tue 13 Oct 2026
262,209
-37,904
+36,148
+2,274
-6,257
-5,739
+5,739
Tue 6 Oct 2026
257,653
-35,246
+34,161
+2,274
-6,408
-5,219
+5,219
Tue 29 Sep 2026
259,196
-36,123
+32,078
+3,718
-5,539
-5,866
+5,866
Tue 22 Sep 2026
258,389
-37,837
+33,220
+3,718
-5,830
-6,729
+6,729
Tue 15 Sep 2026
259,447
-41,638
+33,035
+2,695
-5,195
-11,103
+11,103
Tue 8 Sep 2026
257,821
-33,434
+29,947
+1,754
-4,926
-6,659
+6,659
Tue 1 Sep 2026
260,050
-28,945
+26,632
+1,538
-5,266
-6,041
+6,041
Tue 25 Aug 2026
272,256
-33,069
+25,700
+2,180
-5,507
-10,696
+10,696
Tue 18 Aug 2026
270,779
-22,844
+19,024
+2,272
-5,626
-7,174
+7,174
Spreading is calendar-spread positions. It prints as its own column and is not part of net. Percentile is the share of weeks in the window with a net at or below the current net. The COT Index places the current net within its 3-year range, 0 at the low and 100 at the high. Gauges print only when the window holds enough history. History is the series as currently published by the CFTC, including its corrections; first-release vintages are not kept. An extreme reading is a condition of crowding, not a buy or sell signal: speculative categories are trend followers and are usually largest near price extremes.
Source: CFTC Commitments of Traders, Disaggregated report, futures only unless stated. Positions as of Tue 20 Oct 2026, published Fri 23 Oct 2026.