Kilambi News
Wednesday, October 28, 2026

NEW JERSEY RECs CLASS 2 V2028 COT Report, Disaggregated

Wednesday, October 28, 2026

Managed Money net +900 contracts in NEW JERSEY RECs CLASS 2 V2028, 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 familyDisaggregated
BasisFutures only
MarketNEW JERSEY RECs CLASS 2 V2028 - NODAL EXCHANGE
CFTC contract code006NMW
Contract unit100 Mwh Representing 100 Nj Class 2 Recs
Open interest, contracts5,261
Change in open interest, contracts+600

Latest report, futures only

CategoryLongShortSpreadingNetLong % of OIShort % of OINet % of OI
Producer/Merchant/Processor/User2,9502,795-+15556.153.12.9
Swap Dealers20100+2013.80.03.8
Managed Money90000+90017.10.017.1
Other Reportables1,2102,4660-1,25623.046.9-23.9
Total reportable5,2615,261-+0100.0100.00.0
Nonreportable00-+00.00.00.0

Managed Money: position against its own history

Weekly net, last 11 reports

Managed Money net, contracts+900
Week change+0
4-week change+0
13-week change-
Net as % of open interest17.1%
Percentile, 1 year (52 weeks)-
Percentile, 3 years (156 weeks)-
Z-score, 52 weeks-
COT Index, 3 years-
52-week high of net+900
52-week low of net+900

Traders and concentration

CategoryTraders longTraders short
Producer/Merchant/Processor/User95
Swap Dealers-0
Managed Money-0
Other Reportables4-
Total reportable157
Largest 4 traders, gross long63.7%
Largest 4 traders, gross short81.9%
Largest 8 traders, gross long88.4%
Largest 8 traders, gross short100.0%
Largest 4 traders, net long63.7%
Largest 4 traders, net short81.9%
Largest 8 traders, net long88.4%
Largest 8 traders, net short100.0%

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/User2,9502,795-+15556.153.12.9
Swap Dealers20100+2013.80.03.8
Managed Money90000+90017.10.017.1
Other Reportables1,2102,4660-1,25623.046.9-23.9
Total reportable5,2615,261-+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, contracts5,261
Old crop / nearest months, contracts5,261
Other months, contracts0

Recent reports, net by category

Report dateOpen interestProducer/Merchant/Processor/UserSwap DealersManaged MoneyOther ReportablesTotal reportableNonreportable
Tue 20 Oct 20265,261+155+201+900-1,256+0+0
Tue 13 Oct 20264,661-345+201+900-756+0+0
Tue 6 Oct 20264,661-345+201+900-756+0+0
Tue 29 Sep 20264,611-395+201+900-706+0+0
Tue 22 Sep 20264,611-395+201+900-706+0+0
Tue 15 Sep 20264,611-395+201+900-706+0+0
Tue 8 Sep 20264,611-395+201+900-706+0+0
Tue 1 Sep 20264,361-445+201+900-656+0+0
Tue 25 Aug 20264,361-445+201+900-656+0+0
Tue 18 Aug 20264,361-445+201+900-656+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 20 Oct 2026, published Fri 23 Oct 2026.