Managed Money net -7,495 contracts in MALIN (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
MALIN (BASIS) - ICE FUTURES ENERGY DIV
CFTC contract code
0233BH
Contract unit
2500 Mmbtu
Open interest, contracts
139,699
Change in open interest, contracts
+10,562
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
102,615
108,123
-
-5,508
73.5
77.4
-3.9
Swap Dealers
18,211
14,395
3,527
+3,816
13.0
10.3
2.7
Managed Money
1,493
8,988
217
-7,495
1.1
6.4
-5.4
Other Reportables
1,059
0
952
+1,059
0.8
0.0
0.8
Total reportable
128,074
136,202
-
-8,128
91.7
97.5
-5.8
Nonreportable
11,625
3,497
-
+8,128
8.3
2.5
5.8
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-7,495
Week change
+2,519
4-week change
+2,460
13-week change
+2,013
Net as % of open interest
-5.4%
Percentile, 1 year (52 weeks)
23
Percentile, 3 years (156 weeks)
8
Z-score, 52 weeks
-1.21
COT Index, 3 years
20
52-week high of net
+4,708
52-week low of net
-10,554
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
14
14
Swap Dealers
4
-
Other Reportables
-
0
Total reportable
23
23
Largest 4 traders, gross long
70.9%
Largest 4 traders, gross short
66.5%
Largest 8 traders, gross long
81.9%
Largest 8 traders, gross short
85.8%
Largest 4 traders, net long
67.9%
Largest 4 traders, net short
63.8%
Largest 8 traders, net long
76.3%
Largest 8 traders, net short
80.0%
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
102,615
108,123
-
-5,508
73.5
77.4
-3.9
Swap Dealers
18,211
14,395
3,527
+3,816
13.0
10.3
2.7
Managed Money
1,493
8,988
217
-7,495
1.1
6.4
-5.4
Other Reportables
1,059
0
952
+1,059
0.8
0.0
0.8
Total reportable
128,074
136,202
-
-8,128
91.7
97.5
-5.8
Nonreportable
11,625
3,497
-
+8,128
8.3
2.5
5.8
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
139,699
Old crop / nearest months, contracts
139,699
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
139,699
-5,508
+3,816
-7,495
+1,059
-8,128
+8,128
Tue 13 Oct 2026
129,137
+1,397
+1,512
-10,014
+141
-6,964
+6,964
Tue 6 Oct 2026
128,150
+3,475
+943
-10,554
+0
-6,136
+6,136
Tue 29 Sep 2026
132,623
+1,790
+775
-9,955
-217
-7,607
+7,607
Tue 22 Sep 2026
131,463
+2,190
+500
-9,955
+0
-7,265
+7,265
Tue 15 Sep 2026
130,170
+1,674
+413
-10,017
+0
-7,930
+7,930
Tue 8 Sep 2026
129,318
+2,012
+382
-10,234
+0
-7,840
+7,840
Tue 1 Sep 2026
137,260
-1,314
+528
-7,321
+0
-8,107
+8,107
Tue 25 Aug 2026
135,702
-770
+8
-7,321
+277
-7,806
+7,806
Tue 18 Aug 2026
130,596
+2,521
-152
-9,512
+0
-7,143
+7,143
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.