ERCOT N 345KV REAL T PK 2x16 COT Report, Disaggregated
Wednesday, October 28, 2026
Managed Money net +3,993 contracts in ERCOT N 345KV REAL T PK 2x16, 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 N 345KV REAL T PK 2x16 - ICE FUTURES ENERGY DIV
CFTC contract code
0643ID
Contract unit
1Mw For About 352 Hours
Open interest, contracts
129,961
Change in open interest, contracts
+619
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
91,819
96,118
-
-4,299
70.7
74.0
-3.3
Swap Dealers
7,980
9,881
9,212
-1,901
6.1
7.6
-1.5
Managed Money
7,944
3,951
255
+3,993
6.1
3.0
3.1
Other Reportables
10,376
8,741
1,641
+1,635
8.0
6.7
1.3
Total reportable
129,227
129,799
-
-572
99.4
99.9
-0.4
Nonreportable
734
162
-
+572
0.6
0.1
0.4
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+3,993
Week change
-80
4-week change
-1,151
13-week change
-1,758
Net as % of open interest
3.1%
Percentile, 1 year (52 weeks)
2
Percentile, 3 years (156 weeks)
65
Z-score, 52 weeks
-2.95
COT Index, 3 years
80
52-week high of net
+6,778
52-week low of net
+3,993
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
32
29
Swap Dealers
-
4
Managed Money
4
-
Other Reportables
5
5
Total reportable
52
50
Largest 4 traders, gross long
43.3%
Largest 4 traders, gross short
35.8%
Largest 8 traders, gross long
63.4%
Largest 8 traders, gross short
59.8%
Largest 4 traders, net long
37.1%
Largest 4 traders, net short
27.1%
Largest 8 traders, net long
54.0%
Largest 8 traders, net short
44.1%
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
91,819
96,118
-
-4,299
70.7
74.0
-3.3
Swap Dealers
7,980
9,881
9,212
-1,901
6.1
7.6
-1.5
Managed Money
7,944
3,951
255
+3,993
6.1
3.0
3.1
Other Reportables
10,376
8,741
1,641
+1,635
8.0
6.7
1.3
Total reportable
129,227
129,799
-
-572
99.4
99.9
-0.4
Nonreportable
734
162
-
+572
0.6
0.1
0.4
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
129,961
Old crop / nearest months, contracts
129,961
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
129,961
-4,299
-1,901
+3,993
+1,635
-572
+572
Tue 13 Oct 2026
129,342
-4,346
-1,941
+4,073
+1,642
-572
+572
Tue 6 Oct 2026
136,939
-4,921
-1,870
+4,794
+1,642
-355
+355
Tue 29 Sep 2026
135,354
-3,914
-3,672
+5,379
+1,852
-355
+355
Tue 22 Sep 2026
134,663
-3,843
-3,663
+5,144
+2,002
-360
+360
Tue 15 Sep 2026
132,841
-3,915
-3,179
+5,364
+1,745
+15
-15
Tue 8 Sep 2026
136,767
-2,979
-2,414
+5,112
+114
-167
+167
Tue 1 Sep 2026
134,745
-4,530
-2,720
+5,072
+2,251
+73
-73
Tue 25 Aug 2026
132,124
-2,922
-4,269
+5,550
+1,762
+121
-121
Tue 18 Aug 2026
132,027
-2,830
-4,196
+5,510
+1,605
+89
-89
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.