ERCOT WEST 345K RT OFF-PEAK COT Report, Disaggregated
Wednesday, October 28, 2026
Managed Money net -1,006 contracts in ERCOT WEST 345K RT OFF-PEAK, 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 WEST 345K RT OFF-PEAK - ICE FUTURES ENERGY DIV
CFTC contract code
06439W
Contract unit
1 Mw Per Off-Peak Hour
Open interest, contracts
32,365
Change in open interest, contracts
-350
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
16,748
25,808
-
-9,060
51.7
79.7
-28.0
Swap Dealers
11,921
0
1,417
+11,921
36.8
0.0
36.8
Managed Money
0
1,006
650
-1,006
0.0
3.1
-3.1
Other Reportables
600
2,196
820
-1,596
1.9
6.8
-4.9
Total reportable
32,156
31,897
-
+259
99.4
98.6
0.8
Nonreportable
209
468
-
-259
0.6
1.4
-0.8
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-1,006
Week change
+600
4-week change
+666
13-week change
+1,995
Net as % of open interest
-3.1%
Percentile, 1 year (52 weeks)
100
Percentile, 3 years (156 weeks)
100
Z-score, 52 weeks
2.62
COT Index, 3 years
100
52-week high of net
-1,006
52-week low of net
-3,370
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
15
11
Swap Dealers
5
0
Managed Money
0
-
Total reportable
24
19
Largest 4 traders, gross long
56.4%
Largest 4 traders, gross short
61.1%
Largest 8 traders, gross long
72.7%
Largest 8 traders, gross short
84.8%
Largest 4 traders, net long
55.4%
Largest 4 traders, net short
55.3%
Largest 8 traders, net long
66.7%
Largest 8 traders, net short
74.7%
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
16,748
25,808
-
-9,060
51.7
79.7
-28.0
Swap Dealers
11,921
0
1,417
+11,921
36.8
0.0
36.8
Managed Money
0
1,006
650
-1,006
0.0
3.1
-3.1
Other Reportables
600
2,196
820
-1,596
1.9
6.8
-4.9
Total reportable
32,156
31,897
-
+259
99.4
98.6
0.8
Nonreportable
209
468
-
-259
0.6
1.4
-0.8
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
32,365
Old crop / nearest months, contracts
32,365
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
32,365
-9,060
+11,921
-1,006
-1,596
+259
-259
Tue 13 Oct 2026
32,715
-9,060
+12,521
-1,606
-1,596
+259
-259
Tue 6 Oct 2026
33,844
-9,486
+13,002
-1,672
-1,550
+294
-294
Tue 29 Sep 2026
33,184
-9,458
+12,832
-1,672
-1,468
+234
-234
Tue 22 Sep 2026
33,174
-9,378
+12,832
-1,672
-1,548
+234
-234
Tue 15 Sep 2026
32,835
-10,178
+12,772
-1,672
-628
+294
-294
Tue 8 Sep 2026
33,547
-9,797
+12,718
-1,734
-722
+465
-465
Tue 1 Sep 2026
33,532
-9,957
+12,718
-1,734
-722
+305
-305
Tue 25 Aug 2026
33,532
-9,957
+12,718
-1,734
-722
+305
-305
Tue 18 Aug 2026
32,311
-9,957
+12,538
-1,734
-722
+125
-125
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.