Managed Money net -1,338 contracts in PG&E - CITYGATE (INDEX), 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
PG&E - CITYGATE (INDEX) - ICE FUTURES ENERGY DIV
CFTC contract code
0233BQ
Contract unit
2500 Mmbtu
Open interest, contracts
33,549
Change in open interest, contracts
+1,440
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
28,107
30,202
-
-2,095
83.8
90.0
-6.2
Swap Dealers
482
0
0
+482
1.4
0.0
1.4
Managed Money
496
1,834
465
-1,338
1.5
5.5
-4.0
Other Reportables
0
620
0
-620
0.0
1.8
-1.8
Total reportable
29,550
33,121
-
-3,571
88.1
98.7
-10.6
Nonreportable
3,999
428
-
+3,571
11.9
1.3
10.6
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-1,338
Week change
+0
4-week change
-1,891
13-week change
-1,265
Net as % of open interest
-4.0%
Percentile, 1 year (52 weeks)
15
Percentile, 3 years (156 weeks)
6
Z-score, 52 weeks
-1.23
COT Index, 3 years
9
52-week high of net
+2,680
52-week low of net
-2,121
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
12
12
Swap Dealers
-
0
Other Reportables
0
-
Total reportable
15
17
Largest 4 traders, gross long
70.2%
Largest 4 traders, gross short
71.5%
Largest 8 traders, gross long
81.1%
Largest 8 traders, gross short
89.0%
Largest 4 traders, net long
67.7%
Largest 4 traders, net short
69.6%
Largest 8 traders, net long
75.3%
Largest 8 traders, net short
80.1%
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
28,107
30,202
-
-2,095
83.8
90.0
-6.2
Swap Dealers
482
0
0
+482
1.4
0.0
1.4
Managed Money
496
1,834
465
-1,338
1.5
5.5
-4.0
Other Reportables
0
620
0
-620
0.0
1.8
-1.8
Total reportable
29,550
33,121
-
-3,571
88.1
98.7
-10.6
Nonreportable
3,999
428
-
+3,571
11.9
1.3
10.6
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
33,549
Old crop / nearest months, contracts
33,549
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
33,549
-2,095
+482
-1,338
-620
-3,571
+3,571
Tue 13 Oct 2026
32,109
-1,555
+0
-1,338
-620
-3,513
+3,513
Tue 6 Oct 2026
29,453
-1,462
+0
-1,338
-620
-3,420
+3,420
Tue 29 Sep 2026
35,779
-1,281
+241
-408
-2,030
-3,478
+3,478
Tue 22 Sep 2026
31,518
-2,397
+210
+553
-1,844
-3,478
+3,478
Tue 15 Sep 2026
27,202
-1,996
+210
+398
-1,472
-2,860
+2,860
Tue 8 Sep 2026
27,078
-2,271
+210
+398
-1,472
-3,135
+3,135
Tue 1 Sep 2026
36,750
-3,695
+303
+2,072
-2,123
-3,443
+3,443
Tue 25 Aug 2026
36,510
-3,935
+303
+2,072
-1,973
-3,533
+3,533
Tue 18 Aug 2026
32,938
-4,385
+303
+1,492
-1,133
-3,723
+3,723
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.