ERCOT WEST 345KV RT PEAK COT Report, Disaggregated
Wednesday, October 28, 2026
Managed Money net -1,231 contracts in ERCOT WEST 345KV RT 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 345KV RT PEAK - ICE FUTURES ENERGY DIV
CFTC contract code
06439V
Contract unit
1 Mw Per Peak Hour
Open interest, contracts
32,590
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
16,820
25,798
-
-8,978
51.6
79.2
-27.5
Swap Dealers
12,089
0
1,402
+12,089
37.1
0.0
37.1
Managed Money
0
1,231
650
-1,231
0.0
3.8
-3.8
Other Reportables
600
2,196
820
-1,596
1.8
6.7
-4.9
Total reportable
32,381
32,097
-
+284
99.4
98.5
0.9
Nonreportable
209
493
-
-284
0.6
1.5
-0.9
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-1,231
Week change
+600
4-week change
+441
13-week change
+1,770
Net as % of open interest
-3.8%
Percentile, 1 year (52 weeks)
100
Percentile, 3 years (156 weeks)
100
Z-score, 52 weeks
2.38
COT Index, 3 years
100
52-week high of net
-1,231
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
20
Largest 4 traders, gross long
56.7%
Largest 4 traders, gross short
60.6%
Largest 8 traders, gross long
72.9%
Largest 8 traders, gross short
84.2%
Largest 4 traders, net long
55.7%
Largest 4 traders, net short
54.8%
Largest 8 traders, net long
67.0%
Largest 8 traders, net short
74.2%
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
16,820
25,798
-
-8,978
51.6
79.2
-27.5
Swap Dealers
12,089
0
1,402
+12,089
37.1
0.0
37.1
Managed Money
0
1,231
650
-1,231
0.0
3.8
-3.8
Other Reportables
600
2,196
820
-1,596
1.8
6.7
-4.9
Total reportable
32,381
32,097
-
+284
99.4
98.5
0.9
Nonreportable
209
493
-
-284
0.6
1.5
-0.9
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
32,590
Old crop / nearest months, contracts
32,590
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
32,590
-8,978
+12,089
-1,231
-1,596
+284
-284
Tue 13 Oct 2026
32,940
-8,978
+12,689
-1,831
-1,596
+284
-284
Tue 6 Oct 2026
34,070
-9,400
+13,171
-1,897
-1,550
+324
-324
Tue 29 Sep 2026
33,410
-9,372
+12,926
-1,822
-1,468
+264
-264
Tue 22 Sep 2026
33,250
-9,292
+12,776
-1,672
-1,548
+264
-264
Tue 15 Sep 2026
32,911
-10,092
+12,716
-1,672
-628
+324
-324
Tue 8 Sep 2026
33,624
-9,707
+12,663
-1,734
-722
+500
-500
Tue 1 Sep 2026
33,609
-9,902
+12,663
-1,734
-722
+305
-305
Tue 25 Aug 2026
33,609
-9,902
+12,663
-1,734
-722
+305
-305
Tue 18 Aug 2026
32,388
-9,902
+12,483
-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.