Managed Money net -950 contracts in ERCOT.HB_NORTH_month_on_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_on_rtp - NODAL EXCHANGE
CFTC contract code
064FOK
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
76,381
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
61,350
45,746
-
+15,604
80.3
59.9
20.4
Swap Dealers
3,471
18,635
1,130
-15,164
4.5
24.4
-19.9
Managed Money
0
950
0
-950
0.0
1.2
-1.2
Other Reportables
1,875
1,005
0
+870
2.5
1.3
1.1
Total reportable
67,826
67,466
-
+360
88.8
88.3
0.5
Nonreportable
8,555
8,915
-
-360
11.2
11.7
-0.5
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-950
Week change
+250
4-week change
-50
13-week change
-50
Net as % of open interest
-1.2%
Percentile, 1 year (52 weeks)
27
Percentile, 3 years (156 weeks)
9
Z-score, 52 weeks
-0.86
COT Index, 3 years
11
52-week high of net
+290
52-week low of net
-1,200
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
14
15
Swap Dealers
-
4
Managed Money
0
-
Total reportable
19
22
Largest 4 traders, gross long
65.7%
Largest 4 traders, gross short
48.5%
Largest 8 traders, gross long
79.1%
Largest 8 traders, gross short
70.4%
Largest 4 traders, net long
60.6%
Largest 4 traders, net short
46.3%
Largest 8 traders, net long
72.2%
Largest 8 traders, net short
63.7%
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
61,350
45,746
-
+15,604
80.3
59.9
20.4
Swap Dealers
3,471
18,635
1,130
-15,164
4.5
24.4
-19.9
Managed Money
0
950
0
-950
0.0
1.2
-1.2
Other Reportables
1,875
1,005
0
+870
2.5
1.3
1.1
Total reportable
67,826
67,466
-
+360
88.8
88.3
0.5
Nonreportable
8,555
8,915
-
-360
11.2
11.7
-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
76,381
Old crop / nearest months, contracts
76,381
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
76,381
+15,604
-15,164
-950
+870
+360
-360
Tue 13 Oct 2026
76,381
+15,854
-15,164
-1,200
+870
+360
-360
Tue 6 Oct 2026
80,113
+15,734
-15,394
-1,200
+860
+0
+0
Tue 29 Sep 2026
79,963
+15,584
-15,244
-1,200
+860
+0
+0
Tue 22 Sep 2026
79,483
+15,284
-15,244
-900
+860
+0
+0
Tue 15 Sep 2026
79,663
+14,684
-14,644
-900
+860
+0
+0
Tue 8 Sep 2026
82,910
+13,334
-14,944
-900
+800
-1,710
+1,710
Tue 1 Sep 2026
82,910
+14,904
-14,814
-900
+800
-10
+10
Tue 25 Aug 2026
82,910
+14,904
-14,814
-900
+800
-10
+10
Tue 18 Aug 2026
82,790
+14,904
-14,814
-900
+800
-10
+10
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.