Managed Money net +540 contracts in PJM.APS_month_on_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_on_dap - NODAL EXCHANGE
CFTC contract code
064DMY
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
12,704
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
7,608
9,554
-
-1,946
59.9
75.2
-15.3
Swap Dealers
890
815
153
+75
7.0
6.4
0.6
Managed Money
1,740
1,200
0
+540
13.7
9.4
4.3
Other Reportables
871
515
0
+356
6.9
4.1
2.8
Total reportable
11,262
12,237
-
-975
88.6
96.3
-7.7
Nonreportable
1,442
467
-
+975
11.4
3.7
7.7
Managed Money: position against its own history
Weekly net, last 49 reports
Managed Money net, contracts
+540
Week change
+0
4-week change
-1,335
13-week change
-1,605
Net as % of open interest
4.3%
Percentile, 1 year (52 weeks)
4
Percentile, 3 years (156 weeks)
-
Z-score, 52 weeks
-2.52
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
41.2%
Largest 4 traders, gross short
74.8%
Largest 8 traders, gross long
65.2%
Largest 8 traders, gross short
93.8%
Largest 4 traders, net long
41.2%
Largest 4 traders, net short
69.3%
Largest 8 traders, net long
64.2%
Largest 8 traders, net short
83.4%
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
7,608
9,554
-
-1,946
59.9
75.2
-15.3
Swap Dealers
890
815
153
+75
7.0
6.4
0.6
Managed Money
1,740
1,200
0
+540
13.7
9.4
4.3
Other Reportables
871
515
0
+356
6.9
4.1
2.8
Total reportable
11,262
12,237
-
-975
88.6
96.3
-7.7
Nonreportable
1,442
467
-
+975
11.4
3.7
7.7
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
12,704
Old crop / nearest months, contracts
12,704
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
12,704
-1,946
+75
+540
+356
-975
+975
Tue 13 Oct 2026
12,599
-2,171
+75
+540
+541
-1,015
+1,015
Tue 6 Oct 2026
11,789
-3,491
+135
+1,740
+541
-1,075
+1,075
Tue 29 Sep 2026
12,662
-3,881
+253
+1,875
+573
-1,180
+1,180
Tue 22 Sep 2026
12,662
-3,881
+253
+1,875
+573
-1,180
+1,180
Tue 15 Sep 2026
12,662
-3,881
+253
+1,875
+573
-1,180
+1,180
Tue 8 Sep 2026
12,662
-3,881
+253
+1,875
+573
-1,180
+1,180
Tue 1 Sep 2026
13,683
-4,174
+346
+2,010
+613
-1,205
+1,205
Tue 25 Aug 2026
12,843
-4,174
+346
+2,010
+613
-1,205
+1,205
Tue 18 Aug 2026
12,843
-4,174
+346
+2,010
+613
-1,205
+1,205
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.