NAT GAS LD1 for GDD -TEXOK COT Report, Disaggregated
Wednesday, October 28, 2026
Managed Money net -18,815 contracts in NAT GAS LD1 for GDD -TEXOK, 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
NAT GAS LD1 for GDD -TEXOK - ICE FUTURES ENERGY DIV
CFTC contract code
0233AT
Contract unit
2500 Mmbtu
Open interest, contracts
143,456
Change in open interest, contracts
+6,044
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
136,699
119,634
-
+17,065
95.3
83.4
11.9
Swap Dealers
2,320
0
1,936
+2,320
1.6
0.0
1.6
Managed Money
744
19,559
0
-18,815
0.5
13.6
-13.1
Other Reportables
432
558
0
-126
0.3
0.4
-0.1
Total reportable
142,131
141,687
-
+444
99.1
98.8
0.3
Nonreportable
1,325
1,769
-
-444
0.9
1.2
-0.3
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-18,815
Week change
-360
4-week change
-8,036
13-week change
-10,265
Net as % of open interest
-13.1%
Percentile, 1 year (52 weeks)
2
Percentile, 3 years (156 weeks)
1
Z-score, 52 weeks
-2.01
COT Index, 3 years
0
52-week high of net
+9,681
52-week low of net
-18,815
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
26
19
Swap Dealers
-
0
Total reportable
32
25
Largest 4 traders, gross long
78.3%
Largest 4 traders, gross short
52.4%
Largest 8 traders, gross long
89.0%
Largest 8 traders, gross short
73.5%
Largest 4 traders, net long
77.4%
Largest 4 traders, net short
50.4%
Largest 8 traders, net long
85.7%
Largest 8 traders, net short
71.4%
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
136,699
119,634
-
+17,065
95.3
83.4
11.9
Swap Dealers
2,320
0
1,936
+2,320
1.6
0.0
1.6
Managed Money
744
19,559
0
-18,815
0.5
13.6
-13.1
Other Reportables
432
558
0
-126
0.3
0.4
-0.1
Total reportable
142,131
141,687
-
+444
99.1
98.8
0.3
Nonreportable
1,325
1,769
-
-444
0.9
1.2
-0.3
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
143,456
Old crop / nearest months, contracts
143,456
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
143,456
+17,065
+2,320
-18,815
-126
+444
-444
Tue 13 Oct 2026
137,412
+18,701
+1,776
-18,455
-186
+1,836
-1,836
Tue 6 Oct 2026
134,232
+17,181
+1,660
-16,695
-186
+1,960
-1,960
Tue 29 Sep 2026
157,283
+15,340
+4,296
-16,838
-456
+2,342
-2,342
Tue 22 Sep 2026
146,742
+11,091
+3,366
-10,779
-270
+3,408
-3,408
Tue 15 Sep 2026
143,088
+9,108
+2,932
-10,638
-270
+1,132
-1,132
Tue 8 Sep 2026
136,701
+7,164
+2,932
-8,726
-270
+1,100
-1,100
Tue 1 Sep 2026
153,044
-3,093
+9,315
-4,882
+9
+1,349
-1,349
Tue 25 Aug 2026
142,146
-2,653
+8,695
-4,372
-201
+1,469
-1,469
Tue 18 Aug 2026
132,038
-1,609
+6,985
-4,287
-801
+288
-288
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.