Managed Money net +540 contracts in PJM.APS_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.APS_month_off_dap - NODAL EXCHANGE
CFTC contract code
064DMZ
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
12,224
Change in open interest, contracts
+105
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
7,367
9,074
-
-1,707
60.3
74.2
-14.0
Swap Dealers
890
815
153
+75
7.3
6.7
0.6
Managed Money
1,740
1,200
0
+540
14.2
9.8
4.4
Other Reportables
647
515
0
+132
5.3
4.2
1.1
Total reportable
10,797
11,757
-
-960
88.3
96.2
-7.9
Nonreportable
1,427
467
-
+960
11.7
3.8
7.9
Managed Money: position against its own history
Weekly net, last 65 reports
Managed Money net, contracts
+540
Week change
+0
4-week change
-1,335
13-week change
-1,605
Net as % of open interest
4.4%
Percentile, 1 year (52 weeks)
4
Percentile, 3 years (156 weeks)
-
Z-score, 52 weeks
-2.43
COT Index, 3 years
-
52-week high of net
+2,440
52-week low of net
+540
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
14
6
Total reportable
20
11
Largest 4 traders, gross long
42.3%
Largest 4 traders, gross short
74.6%
Largest 8 traders, gross long
65.4%
Largest 8 traders, gross short
93.5%
Largest 4 traders, net long
42.3%
Largest 4 traders, net short
68.8%
Largest 8 traders, net long
64.4%
Largest 8 traders, net short
84.2%
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
7,367
9,074
-
-1,707
60.3
74.2
-14.0
Swap Dealers
890
815
153
+75
7.3
6.7
0.6
Managed Money
1,740
1,200
0
+540
14.2
9.8
4.4
Other Reportables
647
515
0
+132
5.3
4.2
1.1
Total reportable
10,797
11,757
-
-960
88.3
96.2
-7.9
Nonreportable
1,427
467
-
+960
11.7
3.8
7.9
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
12,224
Old crop / nearest months, contracts
12,224
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
12,224
-1,707
+75
+540
+132
-960
+960
Tue 13 Oct 2026
12,119
-1,932
+75
+540
+317
-1,000
+1,000
Tue 6 Oct 2026
11,309
-3,252
+135
+1,740
+317
-1,060
+1,060
Tue 29 Sep 2026
12,134
-3,626
+253
+1,875
+333
-1,165
+1,165
Tue 22 Sep 2026
12,134
-3,626
+253
+1,875
+333
-1,165
+1,165
Tue 15 Sep 2026
12,134
-3,626
+253
+1,875
+333
-1,165
+1,165
Tue 8 Sep 2026
12,134
-3,626
+253
+1,875
+333
-1,165
+1,165
Tue 1 Sep 2026
13,047
-3,903
+346
+2,010
+357
-1,190
+1,190
Tue 25 Aug 2026
12,207
-3,903
+346
+2,010
+357
-1,190
+1,190
Tue 18 Aug 2026
12,207
-3,903
+346
+2,010
+357
-1,190
+1,190
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.