Managed Money net -3,345 contracts in HENRY HUB LAST DAY FIN, 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 LAST DAY FIN - NEW YORK MERCANTILE EXCHANGE
CFTC contract code
023A55
Contract unit
Contracts Of 10,000 Mmbtu'S
Open interest, contracts
385,364
Change in open interest, contracts
+10,529
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
135,984
52,993
-
+82,991
35.3
13.8
21.5
Swap Dealers
25,683
134,627
23,535
-108,944
6.7
34.9
-28.3
Managed Money
19,388
22,733
19,381
-3,345
5.0
5.9
-0.9
Other Reportables
78,256
66,857
57,764
+11,399
20.3
17.3
3.0
Total reportable
359,991
377,890
-
-17,899
93.4
98.1
-4.6
Nonreportable
25,373
7,474
-
+17,899
6.6
1.9
4.6
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-3,345
Week change
-17,207
4-week change
-28,366
13-week change
-28,585
Net as % of open interest
-0.9%
Percentile, 1 year (52 weeks)
2
Percentile, 3 years (156 weeks)
3
Z-score, 52 weeks
-2.38
COT Index, 3 years
8
52-week high of net
+55,049
52-week low of net
-3,345
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
30
22
Swap Dealers
15
9
Managed Money
4
9
Other Reportables
16
12
Total reportable
93
75
Largest 4 traders, gross long
16.8%
Largest 4 traders, gross short
37.8%
Largest 8 traders, gross long
30.4%
Largest 8 traders, gross short
51.3%
Largest 4 traders, net long
15.4%
Largest 4 traders, net short
36.3%
Largest 8 traders, net long
25.7%
Largest 8 traders, net short
46.5%
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
138,289
53,333
-
+84,956
32.8
12.7
20.2
Swap Dealers
26,168
139,896
47,339
-113,728
6.2
33.2
-27.0
Managed Money
21,782
22,733
22,068
-951
5.2
5.4
-0.2
Other Reportables
80,014
66,960
59,835
+13,054
19.0
15.9
3.1
Total reportable
395,495
412,164
-
-16,669
93.9
97.8
-4.0
Nonreportable
25,902
9,234
-
+16,668
6.1
2.2
4.0
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
385,364
Old crop / nearest months, contracts
385,364
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
385,364
+82,991
-108,944
-3,345
+11,399
-17,899
+17,899
Tue 13 Oct 2026
374,835
+79,372
-108,261
+13,862
-2,651
-17,678
+17,678
Tue 6 Oct 2026
372,680
+80,024
-108,481
+14,966
-4,269
-17,760
+17,760
Tue 29 Sep 2026
370,904
+77,379
-107,846
+17,560
-4,266
-17,173
+17,173
Tue 22 Sep 2026
403,236
+87,792
-120,997
+25,021
-9,084
-17,268
+17,268
Tue 15 Sep 2026
383,520
+88,042
-112,008
+18,054
-10,252
-16,164
+16,164
Tue 8 Sep 2026
378,837
+83,878
-112,262
+19,458
-6,608
-15,534
+15,534
Tue 1 Sep 2026
383,705
+85,829
-112,084
+27,567
-17,050
-15,738
+15,738
Tue 25 Aug 2026
421,880
+96,026
-129,600
+28,138
-12,442
-17,878
+17,878
Tue 18 Aug 2026
411,190
+96,082
-120,682
+28,631
-21,576
-17,545
+17,545
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.