Managed Money net -3,225 contracts in ERCOT-SOUTH MONTHLY OFFPEAK, 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-SOUTH MONTHLY OFFPEAK - ICE FUTURES ENERGY DIV
CFTC contract code
06439U
Contract unit
1 Mw Per Off-Peak Hour
Open interest, contracts
26,542
Change in open interest, contracts
+275
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
20,965
15,174
-
+5,791
79.0
57.2
21.8
Swap Dealers
4,335
6,694
720
-2,359
16.3
25.2
-8.9
Managed Money
0
3,225
0
-3,225
0.0
12.2
-12.2
Other Reportables
25
105
255
-80
0.1
0.4
-0.3
Total reportable
26,300
26,173
-
+127
99.1
98.6
0.5
Nonreportable
242
369
-
-127
0.9
1.4
-0.5
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-3,225
Week change
+0
4-week change
+75
13-week change
+225
Net as % of open interest
-12.2%
Percentile, 1 year (52 weeks)
79
Percentile, 3 years (156 weeks)
93
Z-score, 52 weeks
0.88
COT Index, 3 years
98
52-week high of net
-3,150
52-week low of net
-3,675
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
14
10
Managed Money
0
-
Total reportable
20
16
Largest 4 traders, gross long
55.0%
Largest 4 traders, gross short
55.0%
Largest 8 traders, gross long
77.8%
Largest 8 traders, gross short
86.6%
Largest 4 traders, net long
55.0%
Largest 4 traders, net short
55.0%
Largest 8 traders, net long
72.9%
Largest 8 traders, net short
83.1%
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
20,965
15,174
-
+5,791
79.0
57.2
21.8
Swap Dealers
4,335
6,694
720
-2,359
16.3
25.2
-8.9
Managed Money
0
3,225
0
-3,225
0.0
12.2
-12.2
Other Reportables
25
105
255
-80
0.1
0.4
-0.3
Total reportable
26,300
26,173
-
+127
99.1
98.6
0.5
Nonreportable
242
369
-
-127
0.9
1.4
-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
26,542
Old crop / nearest months, contracts
26,542
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
26,542
+5,791
-2,359
-3,225
-80
+127
-127
Tue 13 Oct 2026
26,267
+5,791
-2,359
-3,225
-80
+127
-127
Tue 6 Oct 2026
27,879
+5,811
-2,843
-3,300
+480
+148
-148
Tue 29 Sep 2026
27,854
+5,836
-2,843
-3,300
+440
+133
-133
Tue 22 Sep 2026
27,528
+5,686
-2,693
-3,300
+440
+133
-133
Tue 15 Sep 2026
27,528
+5,686
-2,693
-3,300
+440
+133
-133
Tue 8 Sep 2026
29,130
+6,251
-2,852
-3,375
+765
+789
-789
Tue 1 Sep 2026
29,130
+5,631
-2,852
-3,375
+765
+169
-169
Tue 25 Aug 2026
29,130
+5,646
-2,852
-3,375
+750
+169
-169
Tue 18 Aug 2026
29,055
+5,571
-2,852
-3,375
+825
+169
-169
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.