Managed Money net -725 contracts in ERCOT.HB_NORTH_month_7x8_rtp, 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
ERCOT.HB_NORTH_month_7x8_rtp - NODAL EXCHANGE
CFTC contract code
064GBD
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
36,650
Change in open interest, contracts
+0
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
21,740
30,295
-
-8,555
59.3
82.7
-23.3
Swap Dealers
3,025
1,125
825
+1,900
8.3
3.1
5.2
Managed Money
0
725
2,350
-725
0.0
2.0
-2.0
Other Reportables
7,200
0
0
+7,200
19.6
0.0
19.6
Total reportable
35,140
35,320
-
-180
95.9
96.4
-0.5
Nonreportable
1,510
1,330
-
+180
4.1
3.6
0.5
Managed Money: position against its own history
Weekly net, last 82 reports
Managed Money net, contracts
-725
Week change
+0
4-week change
+425
13-week change
+925
Net as % of open interest
-2.0%
Percentile, 1 year (52 weeks)
42
Percentile, 3 years (156 weeks)
-
Z-score, 52 weeks
-0.63
COT Index, 3 years
-
52-week high of net
+2,700
52-week low of net
-1,900
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
14
11
Managed Money
0
-
Other Reportables
-
0
Total reportable
19
15
Largest 4 traders, gross long
56.7%
Largest 4 traders, gross short
63.4%
Largest 8 traders, gross long
78.6%
Largest 8 traders, gross short
87.1%
Largest 4 traders, net long
49.7%
Largest 4 traders, net short
50.3%
Largest 8 traders, net long
57.8%
Largest 8 traders, net short
59.3%
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
21,740
30,295
-
-8,555
59.3
82.7
-23.3
Swap Dealers
3,025
1,125
825
+1,900
8.3
3.1
5.2
Managed Money
0
725
2,350
-725
0.0
2.0
-2.0
Other Reportables
7,200
0
0
+7,200
19.6
0.0
19.6
Total reportable
35,140
35,320
-
-180
95.9
96.4
-0.5
Nonreportable
1,510
1,330
-
+180
4.1
3.6
0.5
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
36,650
Old crop / nearest months, contracts
36,650
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
36,650
-8,555
+1,900
-725
+7,200
-180
+180
Tue 13 Oct 2026
36,650
-8,555
+1,900
-725
+7,200
-180
+180
Tue 6 Oct 2026
37,765
-7,830
+1,600
-1,150
+7,200
-180
+180
Tue 29 Sep 2026
37,765
-7,830
+1,600
-1,150
+7,200
-180
+180
Tue 22 Sep 2026
37,765
-7,830
+1,600
-1,150
+7,200
-180
+180
Tue 15 Sep 2026
37,765
-7,830
+1,600
-1,150
+7,200
-180
+180
Tue 8 Sep 2026
38,805
-7,620
+1,300
-1,400
+7,200
-520
+520
Tue 1 Sep 2026
38,805
-7,280
+1,300
-1,400
+7,200
-180
+180
Tue 25 Aug 2026
38,805
-7,280
+1,300
-1,400
+7,200
-180
+180
Tue 18 Aug 2026
38,805
-7,280
+1,300
-1,400
+7,200
-180
+180
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.