Managed Money net -1,984 contracts in NNG VENTURA 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
NNG VENTURA BASIS - ICE FUTURES ENERGY DIV
CFTC contract code
0233BB
Contract unit
2500 Mmbtu
Open interest, contracts
160,512
Change in open interest, contracts
+4,274
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
93,974
151,888
-
-57,914
58.5
94.6
-36.1
Swap Dealers
47,392
1,389
976
+46,003
29.5
0.9
28.7
Managed Money
0
1,984
0
-1,984
0.0
1.2
-1.2
Other Reportables
0
0
0
+0
0.0
0.0
0.0
Total reportable
142,342
156,237
-
-13,895
88.7
97.3
-8.7
Nonreportable
18,170
4,275
-
+13,895
11.3
2.7
8.7
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-1,984
Week change
-93
4-week change
+1,488
13-week change
+3,751
Net as % of open interest
-1.2%
Percentile, 1 year (52 weeks)
60
Percentile, 3 years (156 weeks)
37
Z-score, 52 weeks
0.48
COT Index, 3 years
62
52-week high of net
+3,698
52-week low of net
-11,184
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
18
17
Swap Dealers
7
-
Managed Money
0
-
Other Reportables
0
0
Total reportable
25
20
Largest 4 traders, gross long
41.5%
Largest 4 traders, gross short
66.8%
Largest 8 traders, gross long
66.7%
Largest 8 traders, gross short
82.2%
Largest 4 traders, net long
37.0%
Largest 4 traders, net short
59.8%
Largest 8 traders, net long
56.0%
Largest 8 traders, net short
72.0%
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
93,974
151,888
-
-57,914
58.5
94.6
-36.1
Swap Dealers
47,392
1,389
976
+46,003
29.5
0.9
28.7
Managed Money
0
1,984
0
-1,984
0.0
1.2
-1.2
Other Reportables
0
0
0
+0
0.0
0.0
0.0
Total reportable
142,342
156,237
-
-13,895
88.7
97.3
-8.7
Nonreportable
18,170
4,275
-
+13,895
11.3
2.7
8.7
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
160,512
Old crop / nearest months, contracts
160,512
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
160,512
-57,914
+46,003
-1,984
+0
-13,895
+13,895
Tue 13 Oct 2026
156,238
-55,944
+43,593
-1,891
+0
-14,242
+14,242
Tue 6 Oct 2026
154,843
-55,541
+43,684
-1,922
+0
-13,779
+13,779
Tue 29 Sep 2026
159,889
-52,096
+40,553
-3,782
-248
-15,573
+15,573
Tue 22 Sep 2026
157,517
-50,429
+38,576
-3,472
+0
-15,325
+15,325
Tue 15 Sep 2026
152,989
-52,651
+38,060
-3,379
+0
-17,970
+17,970
Tue 8 Sep 2026
152,231
-52,404
+37,673
-3,007
+0
-17,738
+17,738
Tue 1 Sep 2026
160,904
-50,768
+38,161
-4,891
-629
-18,127
+18,127
Tue 25 Aug 2026
156,086
-49,698
+35,418
-4,526
-479
-19,285
+19,285
Tue 18 Aug 2026
146,415
-50,490
+35,364
-4,611
-84
-19,821
+19,821
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.