Managed Money net -2,636 contracts in MICHCON FINANCIAL 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
MICHCON FINANCIAL INDEX - ICE FUTURES ENERGY DIV
CFTC contract code
0233AN
Contract unit
Contracts Of 2,500 Mmbtu'S
Open interest, contracts
23,125
Change in open interest, contracts
+6,394
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
18,548
19,993
-
-1,445
80.2
86.5
-6.2
Swap Dealers
3,130
0
341
+3,130
13.5
0.0
13.5
Managed Money
0
2,636
0
-2,636
0.0
11.4
-11.4
Other Reportables
0
0
0
+0
0.0
0.0
0.0
Total reportable
22,019
22,970
-
-951
95.2
99.3
-4.1
Nonreportable
1,106
155
-
+951
4.8
0.7
4.1
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-2,636
Week change
-60
4-week change
-209
13-week change
-1,396
Net as % of open interest
-11.4%
Percentile, 1 year (52 weeks)
67
Percentile, 3 years (156 weeks)
32
Z-score, 52 weeks
0.58
COT Index, 3 years
63
52-week high of net
-390
52-week low of net
-10,654
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
14
8
Swap Dealers
-
0
Managed Money
0
-
Other Reportables
0
0
Total reportable
17
10
Largest 4 traders, gross long
70.4%
Largest 4 traders, gross short
84.5%
Largest 8 traders, gross long
82.5%
Largest 8 traders, gross short
97.2%
Largest 4 traders, net long
68.3%
Largest 4 traders, net short
84.5%
Largest 8 traders, net long
80.3%
Largest 8 traders, net short
94.7%
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
18,548
19,993
-
-1,445
80.2
86.5
-6.2
Swap Dealers
3,130
0
341
+3,130
13.5
0.0
13.5
Managed Money
0
2,636
0
-2,636
0.0
11.4
-11.4
Other Reportables
0
0
0
+0
0.0
0.0
0.0
Total reportable
22,019
22,970
-
-951
95.2
99.3
-4.1
Nonreportable
1,106
155
-
+951
4.8
0.7
4.1
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
23,125
Old crop / nearest months, contracts
23,125
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
23,125
-1,445
+3,130
-2,636
+0
-951
+951
Tue 13 Oct 2026
16,731
+145
+1,750
-2,576
+0
-681
+681
Tue 6 Oct 2026
12,821
-842
+1,030
-1,020
+0
-832
+832
Tue 29 Sep 2026
19,695
-749
+2,899
-2,950
+480
-320
+320
Tue 22 Sep 2026
15,989
-1,461
+3,457
-2,427
+480
+49
-49
Tue 15 Sep 2026
14,873
-155
+2,744
-2,830
+480
+239
-239
Tue 8 Sep 2026
15,431
+217
+2,372
-2,830
+480
+239
-239
Tue 1 Sep 2026
24,669
-315
+3,426
-3,233
+480
+358
-358
Tue 25 Aug 2026
23,899
-1,257
+4,038
-3,035
+480
+226
-226
Tue 18 Aug 2026
21,701
-776
+2,412
-1,733
+0
-97
+97
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.