Kilambi News
Wednesday, October 28, 2026

NWP ROCKIES FIN BASIS COT Report, Disaggregated

Wednesday, October 28, 2026

Managed Money net +28,824 contracts in NWP ROCKIES FIN 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 familyDisaggregated
BasisFutures only
MarketNWP ROCKIES FIN BASIS - ICE FUTURES ENERGY DIV
CFTC contract code023395
Contract unitContracts Of 2,500 Mmbtu'S
Open interest, contracts415,461
Change in open interest, contracts+12,786

Latest report, futures only

CategoryLongShortSpreadingNetLong % of OIShort % of OINet % of OI
Producer/Merchant/Processor/User277,064233,228-+43,83666.756.110.6
Swap Dealers68,096130,21017,612-62,11416.431.3-15.0
Managed Money32,9994,1752,595+28,8247.91.06.9
Other Reportables6099,7705,751-9,1610.12.4-2.2
Total reportable404,726403,341-+1,38597.497.10.3
Nonreportable10,73512,120--1,3852.62.9-0.3

Managed Money: position against its own history

Weekly net, last 156 reports

Managed Money net, contracts+28,824
Week change+968
4-week change+6,584
13-week change+4,315
Net as % of open interest6.9%
Percentile, 1 year (52 weeks)96
Percentile, 3 years (156 weeks)98
Z-score, 52 weeks1.53
COT Index, 3 years95
52-week high of net+31,690
52-week low of net-17,367

Traders and concentration

CategoryTraders longTraders short
Producer/Merchant/Processor/User2929
Swap Dealers108
Managed Money7-
Total reportable5752
Largest 4 traders, gross long47.8%
Largest 4 traders, gross short42.9%
Largest 8 traders, gross long64.3%
Largest 8 traders, gross short61.5%
Largest 4 traders, net long35.7%
Largest 4 traders, net short39.0%
Largest 8 traders, net long48.5%
Largest 8 traders, net short53.7%

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/User277,064233,228-+43,83666.756.110.6
Swap Dealers68,096130,21017,612-62,11416.431.3-15.0
Managed Money32,9994,1752,595+28,8247.91.06.9
Other Reportables6099,7705,751-9,1610.12.4-2.2
Total reportable404,726403,341-+1,38597.497.10.3
Nonreportable10,73512,120--1,3852.62.9-0.3

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, contracts415,461
Old crop / nearest months, contracts415,461
Other months, contracts0

Recent reports, net by category

Report dateOpen interestProducer/Merchant/Processor/UserSwap DealersManaged MoneyOther ReportablesTotal reportableNonreportable
Tue 20 Oct 2026415,461+43,836-62,114+28,824-9,161+1,385-1,385
Tue 13 Oct 2026402,675+38,692-55,985+27,856-7,764+2,799-2,799
Tue 6 Oct 2026399,359+34,638-54,961+30,213-8,826+1,064-1,064
Tue 29 Sep 2026414,963+36,930-52,218+24,774-12,237-2,751+2,751
Tue 22 Sep 2026397,344+42,519-53,418+22,240-12,107-766+766
Tue 15 Sep 2026389,455+43,930-58,152+22,337-8,853-738+738
Tue 8 Sep 2026381,825+39,731-58,467+22,329-6,340-2,747+2,747
Tue 1 Sep 2026392,317+30,197-50,302+22,512-2,958-551+551
Tue 25 Aug 2026388,712+22,107-46,484+25,828-2,400-949+949
Tue 18 Aug 2026379,678+19,475-43,699+24,146-2,874-2,952+2,952

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.