Managed Money net -103,995 contracts in HSC FIN BASIS, 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
HSC FIN BASIS - ICE FUTURES ENERGY DIV
CFTC contract code
023398
Contract unit
Contracts Of 2,500 Mmbtu'S
Open interest, contracts
879,071
Change in open interest, contracts
+6,006
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
557,310
537,927
-
+19,383
63.4
61.2
2.2
Swap Dealers
223,446
126,856
42,330
+96,590
25.4
14.4
11.0
Managed Money
3,083
107,078
35,667
-103,995
0.4
12.2
-11.8
Other Reportables
4,042
16,189
4,947
-12,147
0.5
1.8
-1.4
Total reportable
870,825
870,994
-
-169
99.1
99.1
-0.0
Nonreportable
8,246
8,077
-
+169
0.9
0.9
0.0
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-103,995
Week change
+19,809
4-week change
+22,391
13-week change
-4,113
Net as % of open interest
-11.8%
Percentile, 1 year (52 weeks)
88
Percentile, 3 years (156 weeks)
66
Z-score, 52 weeks
1.20
COT Index, 3 years
56
52-week high of net
-98,332
52-week low of net
-175,997
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
44
36
Swap Dealers
11
11
Managed Money
-
10
Other Reportables
-
5
Total reportable
75
73
Largest 4 traders, gross long
28.9%
Largest 4 traders, gross short
27.4%
Largest 8 traders, gross long
48.0%
Largest 8 traders, gross short
42.2%
Largest 4 traders, net long
28.4%
Largest 4 traders, net short
27.2%
Largest 8 traders, net long
45.5%
Largest 8 traders, net short
40.1%
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
557,310
537,927
-
+19,383
63.4
61.2
2.2
Swap Dealers
223,446
126,856
42,330
+96,590
25.4
14.4
11.0
Managed Money
3,083
107,078
35,667
-103,995
0.4
12.2
-11.8
Other Reportables
4,042
16,189
4,947
-12,147
0.5
1.8
-1.4
Total reportable
870,825
870,994
-
-169
99.1
99.1
-0.0
Nonreportable
8,246
8,077
-
+169
0.9
0.9
0.0
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
879,071
Old crop / nearest months, contracts
879,071
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
879,071
+19,383
+96,590
-103,995
-12,147
-169
+169
Tue 13 Oct 2026
873,065
+38,143
+97,547
-123,804
-11,027
+859
-859
Tue 6 Oct 2026
829,806
+34,473
+87,110
-108,126
-13,475
-18
+18
Tue 29 Sep 2026
898,405
+43,205
+102,381
-126,269
-18,780
+537
-537
Tue 22 Sep 2026
878,027
+44,535
+102,526
-126,386
-20,566
+109
-109
Tue 15 Sep 2026
855,146
+24,548
+98,992
-112,636
-10,925
-21
+21
Tue 8 Sep 2026
839,234
+21,245
+90,910
-100,818
-10,826
+511
-511
Tue 1 Sep 2026
906,654
+34,039
+106,575
-123,980
-16,029
+605
-605
Tue 25 Aug 2026
896,328
+40,230
+104,436
-124,575
-18,918
+1,173
-1,173
Tue 18 Aug 2026
879,854
+34,768
+99,280
-117,411
-13,751
+2,886
-2,886
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.