Managed Money net +20,064 contracts in HENRY HUB INDEX, 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
HENRY HUB INDEX - ICE FUTURES ENERGY DIV
CFTC contract code
0233AH
Contract unit
2500 Mmbtu
Open interest, contracts
175,042
Change in open interest, contracts
+6,300
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
60,227
125,329
-
-65,102
34.4
71.6
-37.2
Swap Dealers
53,300
0
682
+53,300
30.4
0.0
30.4
Managed Money
48,941
28,877
3,037
+20,064
28.0
16.5
11.5
Other Reportables
4,529
13,005
2,875
-8,476
2.6
7.4
-4.8
Total reportable
173,591
173,805
-
-214
99.2
99.3
-0.1
Nonreportable
1,451
1,237
-
+214
0.8
0.7
0.1
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+20,064
Week change
-5,250
4-week change
+23,362
13-week change
+32,485
Net as % of open interest
11.5%
Percentile, 1 year (52 weeks)
92
Percentile, 3 years (156 weeks)
94
Z-score, 52 weeks
1.55
COT Index, 3 years
81
52-week high of net
+39,922
52-week low of net
-64,629
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
30
38
Swap Dealers
9
0
Managed Money
5
5
Other Reportables
-
8
Total reportable
50
61
Largest 4 traders, gross long
47.5%
Largest 4 traders, gross short
49.6%
Largest 8 traders, gross long
63.5%
Largest 8 traders, gross short
66.8%
Largest 4 traders, net long
47.0%
Largest 4 traders, net short
48.0%
Largest 8 traders, net long
62.6%
Largest 8 traders, net short
64.0%
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
60,227
125,329
-
-65,102
34.4
71.6
-37.2
Swap Dealers
53,300
0
682
+53,300
30.4
0.0
30.4
Managed Money
48,941
28,877
3,037
+20,064
28.0
16.5
11.5
Other Reportables
4,529
13,005
2,875
-8,476
2.6
7.4
-4.8
Total reportable
173,591
173,805
-
-214
99.2
99.3
-0.1
Nonreportable
1,451
1,237
-
+214
0.8
0.7
0.1
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
175,042
Old crop / nearest months, contracts
175,042
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
175,042
-65,102
+53,300
+20,064
-8,476
-214
+214
Tue 13 Oct 2026
168,742
-69,639
+54,170
+25,314
-10,155
-310
+310
Tue 6 Oct 2026
168,322
-69,609
+54,170
+24,924
-9,795
-310
+310
Tue 29 Sep 2026
210,502
-56,820
+50,902
+11,565
-6,342
-695
+695
Tue 22 Sep 2026
160,894
-43,959
+47,943
-3,298
-1,321
-635
+635
Tue 15 Sep 2026
135,461
-32,741
+40,480
-9,587
+1,061
-787
+787
Tue 8 Sep 2026
132,690
-31,578
+37,676
-8,179
+1,712
-369
+369
Tue 1 Sep 2026
191,499
-42,094
+43,225
-6,576
+4,719
-726
+726
Tue 25 Aug 2026
174,650
-46,921
+46,499
-311
-199
-932
+932
Tue 18 Aug 2026
158,952
-49,595
+47,933
-613
+1,753
-522
+522
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.