Kilambi News
Wednesday, October 28, 2026

NEW JERSEY RECs CLASS 2 V2025 COT Report, Disaggregated

Wednesday, October 28, 2026

Managed Money net +189 contracts in NEW JERSEY RECs CLASS 2 V2025, positions as of Tue 22 Jul 2025.

Data as of Positions as of Tue 22 Jul 2025; published Fri 25 Jul 2025

Positions as of Tue 22 Jul 2025 - published Fri 25 Jul 2025 (CFTC, Friday release)

Report familyDisaggregated
BasisFutures only
MarketNEW JERSEY RECs CLASS 2 V2025 - NODAL EXCHANGE
CFTC contract code006NKV
Contract unit100 Mwh Representing 100 Nj Class 2 Recs
Open interest, contracts9,934
Change in open interest, contracts+0

Latest report, futures only

CategoryLongShortSpreadingNetLong % of OIShort % of OINet % of OI
Producer/Merchant/Processor/User5,3812,655-+2,72654.226.727.4
Swap Dealers6046,5290-5,9256.165.7-59.6
Managed Money18900+1891.90.01.9
Other Reportables3,7607500+3,01037.87.530.3
Total reportable9,9349,934-+0100.0100.00.0
Nonreportable00-+00.00.00.0

Managed Money: position against its own history

Weekly net, last 70 reports

Managed Money net, contracts+189
Week change+0
4-week change+0
13-week change+0
Net as % of open interest1.9%
Percentile, 1 year (52 weeks)100
Percentile, 3 years (156 weeks)-
Z-score, 52 weeks0.70
COT Index, 3 years-
52-week high of net+189
52-week low of net+150

Traders and concentration

CategoryTraders longTraders short
Producer/Merchant/Processor/User104
Managed Money-0
Total reportable166
Largest 4 traders, gross long56.2%
Largest 4 traders, gross short98.5%
Largest 8 traders, gross long81.3%
Largest 8 traders, gross short100.0%
Largest 4 traders, net long56.2%
Largest 4 traders, net short98.5%
Largest 8 traders, net long81.3%
Largest 8 traders, net short99.5%

Concentration is the share of open interest held by the largest traders, as published in the report.

Latest report, futures and options combined

CategoryLongShortSpreadingNetLong % of OIShort % of OINet % of OI
Producer/Merchant/Processor/User5,3812,655-+2,72654.226.727.4
Swap Dealers6046,5290-5,9256.165.7-59.6
Managed Money18900+1891.90.01.9
Other Reportables3,7607500+3,01037.87.530.3
Total reportable9,9349,934-+0100.0100.00.0
Nonreportable00-+00.00.00.0

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, contracts9,934
Old crop / nearest months, contracts9,934
Other months, contracts0

Recent reports, net by category

Report dateOpen interestProducer/Merchant/Processor/UserSwap DealersManaged MoneyOther ReportablesTotal reportableNonreportable
Tue 22 Jul 20259,934+2,726-5,925+189+3,010+0+0
Tue 15 Jul 20259,934+2,726-5,925+189+3,010+0+0
Tue 8 Jul 20259,934+2,726-5,925+189+3,010+0+0
Tue 1 Jul 20259,934+2,726-5,925+189+3,010+0+0
Tue 24 Jun 20259,934+2,726-5,925+189+3,010+0+0
Tue 17 Jun 20259,934+2,726-5,925+189+3,010+0+0
Tue 10 Jun 20259,934+2,726-5,925+189+3,010+0+0
Tue 3 Jun 20259,934+2,726-5,925+189+3,010+0+0
Tue 27 May 20259,984+2,726-5,925+189+3,010+0+0
Tue 20 May 20259,984+2,726-5,925+189+3,010+0+0

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 22 Jul 2025, published Fri 25 Jul 2025.