Managed Money net +1,400 contracts in PJM.AEP_month_off_dap, 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
PJM.AEP_month_off_dap - NODAL EXCHANGE
CFTC contract code
064DLR
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
26,804
Change in open interest, contracts
-50
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
16,900
19,862
-
-2,962
63.1
74.1
-11.1
Swap Dealers
5,669
280
450
+5,389
21.1
1.0
20.1
Managed Money
1,400
0
0
+1,400
5.2
0.0
5.2
Other Reportables
456
4,732
355
-4,276
1.7
17.7
-16.0
Total reportable
25,230
25,679
-
-449
94.1
95.8
-1.7
Nonreportable
1,574
1,125
-
+449
5.9
4.2
1.7
Managed Money: position against its own history
Weekly net, last 89 reports
Managed Money net, contracts
+1,400
Week change
+0
4-week change
-85
13-week change
-255
Net as % of open interest
5.2%
Percentile, 1 year (52 weeks)
6
Percentile, 3 years (156 weeks)
-
Z-score, 52 weeks
-1.52
COT Index, 3 years
-
52-week high of net
+2,700
52-week low of net
+1,400
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
10
-
Swap Dealers
4
-
Managed Money
-
0
Total reportable
19
7
Largest 4 traders, gross long
61.4%
Largest 4 traders, gross short
92.9%
Largest 8 traders, gross long
77.8%
Largest 8 traders, gross short
95.8%
Largest 4 traders, net long
61.4%
Largest 4 traders, net short
91.6%
Largest 8 traders, net long
77.8%
Largest 8 traders, net short
92.8%
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
16,900
19,862
-
-2,962
63.1
74.1
-11.1
Swap Dealers
5,669
280
450
+5,389
21.1
1.0
20.1
Managed Money
1,400
0
0
+1,400
5.2
0.0
5.2
Other Reportables
456
4,732
355
-4,276
1.7
17.7
-16.0
Total reportable
25,230
25,679
-
-449
94.1
95.8
-1.7
Nonreportable
1,574
1,125
-
+449
5.9
4.2
1.7
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
26,804
Old crop / nearest months, contracts
26,804
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
26,804
-2,962
+5,389
+1,400
-4,276
-449
+449
Tue 13 Oct 2026
26,854
-3,012
+5,439
+1,400
-4,276
-449
+449
Tue 6 Oct 2026
26,204
-3,857
+5,904
+1,400
-3,896
-449
+449
Tue 29 Sep 2026
27,788
-3,992
+6,212
+1,485
-4,175
-470
+470
Tue 22 Sep 2026
27,788
-3,992
+6,212
+1,485
-4,175
-470
+470
Tue 15 Sep 2026
27,341
-4,025
+6,377
+1,485
-4,055
-218
+218
Tue 8 Sep 2026
27,341
-4,025
+6,377
+1,485
-4,055
-218
+218
Tue 1 Sep 2026
29,231
-3,861
+6,685
+1,570
-4,579
-185
+185
Tue 25 Aug 2026
29,226
-3,866
+6,685
+1,570
-4,574
-185
+185
Tue 18 Aug 2026
29,226
-3,866
+6,685
+1,570
-4,574
-185
+185
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.