Managed Money net -60,602 contracts in NGPL TXOK 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
NGPL TXOK BASIS - ICE FUTURES ENERGY DIV
CFTC contract code
0233B1
Contract unit
2500 Mmbtu
Open interest, contracts
631,685
Change in open interest, contracts
-844
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
580,570
364,258
-
+216,312
91.9
57.7
34.2
Swap Dealers
15,307
160,851
9,857
-145,544
2.4
25.5
-23.0
Managed Money
16,387
76,989
3,860
-60,602
2.6
12.2
-9.6
Other Reportables
0
6,311
842
-6,311
0.0
1.0
-1.0
Total reportable
626,823
622,968
-
+3,855
99.2
98.6
0.6
Nonreportable
4,862
8,717
-
-3,855
0.8
1.4
-0.6
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-60,602
Week change
+12,850
4-week change
+12,185
13-week change
-17,037
Net as % of open interest
-9.6%
Percentile, 1 year (52 weeks)
21
Percentile, 3 years (156 weeks)
21
Z-score, 52 weeks
-0.85
COT Index, 3 years
34
52-week high of net
+710
52-week low of net
-82,731
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
35
26
Swap Dealers
-
10
Managed Money
4
-
Other Reportables
0
4
Total reportable
49
45
Largest 4 traders, gross long
44.8%
Largest 4 traders, gross short
55.0%
Largest 8 traders, gross long
62.8%
Largest 8 traders, gross short
68.9%
Largest 4 traders, net long
44.5%
Largest 4 traders, net short
54.7%
Largest 8 traders, net long
62.3%
Largest 8 traders, net short
68.0%
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
580,570
364,258
-
+216,312
91.9
57.7
34.2
Swap Dealers
15,307
160,851
9,857
-145,544
2.4
25.5
-23.0
Managed Money
16,387
76,989
3,860
-60,602
2.6
12.2
-9.6
Other Reportables
0
6,311
842
-6,311
0.0
1.0
-1.0
Total reportable
626,823
622,968
-
+3,855
99.2
98.6
0.6
Nonreportable
4,862
8,717
-
-3,855
0.8
1.4
-0.6
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
631,685
Old crop / nearest months, contracts
631,685
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
631,685
+216,312
-145,544
-60,602
-6,311
+3,855
-3,855
Tue 13 Oct 2026
632,529
+226,104
-144,651
-73,452
-2,880
+5,121
-5,121
Tue 6 Oct 2026
623,633
+230,267
-145,801
-76,570
-3,159
+4,737
-4,737
Tue 29 Sep 2026
653,153
+242,672
-147,737
-82,731
-7,877
+4,327
-4,327
Tue 22 Sep 2026
641,007
+229,865
-146,870
-72,787
-4,720
+5,488
-5,488
Tue 15 Sep 2026
626,204
+220,013
-145,429
-62,463
-7,076
+5,045
-5,045
Tue 8 Sep 2026
628,185
+217,683
-147,092
-60,332
-6,039
+4,220
-4,220
Tue 1 Sep 2026
668,950
+218,748
-152,195
-55,982
-6,600
+3,971
-3,971
Tue 25 Aug 2026
656,091
+211,178
-150,374
-48,451
-8,400
+3,953
-3,953
Tue 18 Aug 2026
640,266
+201,412
-149,657
-39,571
-8,104
+4,080
-4,080
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.