Managed Money net -1,460 contracts in PJM.JCPL_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.JCPL_month_off_dap - NODAL EXCHANGE
CFTC contract code
064EJJ
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
41,550
Change in open interest, contracts
+0
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
29,825
29,925
-
-100
71.8
72.0
-0.2
Swap Dealers
1,920
1,995
665
-75
4.6
4.8
-0.2
Managed Money
2,700
4,160
0
-1,460
6.5
10.0
-3.5
Other Reportables
2,890
2,490
60
+400
7.0
6.0
1.0
Total reportable
38,060
39,295
-
-1,235
91.6
94.6
-3.0
Nonreportable
3,490
2,255
-
+1,235
8.4
5.4
3.0
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-1,460
Week change
+0
4-week change
-80
13-week change
-240
Net as % of open interest
-3.5%
Percentile, 1 year (52 weeks)
19
Percentile, 3 years (156 weeks)
6
Z-score, 52 weeks
-0.73
COT Index, 3 years
13
52-week high of net
-935
52-week low of net
-1,965
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
15
8
Total reportable
24
17
Largest 4 traders, gross long
57.1%
Largest 4 traders, gross short
81.0%
Largest 8 traders, gross long
74.1%
Largest 8 traders, gross short
90.3%
Largest 4 traders, net long
56.4%
Largest 4 traders, net short
80.9%
Largest 8 traders, net long
73.4%
Largest 8 traders, net short
90.1%
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
29,825
29,925
-
-100
71.8
72.0
-0.2
Swap Dealers
1,920
1,995
665
-75
4.6
4.8
-0.2
Managed Money
2,700
4,160
0
-1,460
6.5
10.0
-3.5
Other Reportables
2,890
2,490
60
+400
7.0
6.0
1.0
Total reportable
38,060
39,295
-
-1,235
91.6
94.6
-3.0
Nonreportable
3,490
2,255
-
+1,235
8.4
5.4
3.0
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
41,550
Old crop / nearest months, contracts
41,550
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
41,550
-100
-75
-1,460
+400
-1,235
+1,235
Tue 13 Oct 2026
41,550
-100
-75
-1,460
+400
-1,235
+1,235
Tue 6 Oct 2026
41,550
-100
-75
-1,460
+400
-1,235
+1,235
Tue 29 Sep 2026
45,007
-2,188
-527
-1,380
+2,785
-1,310
+1,310
Tue 22 Sep 2026
45,937
-3,388
-527
-1,380
+4,045
-1,250
+1,250
Tue 15 Sep 2026
46,012
-3,488
-427
-1,380
+4,045
-1,250
+1,250
Tue 8 Sep 2026
45,947
-3,543
-397
-1,380
+4,070
-1,250
+1,250
Tue 1 Sep 2026
47,982
-3,733
-507
-1,300
+4,215
-1,325
+1,325
Tue 25 Aug 2026
47,312
-3,123
-507
-1,300
+3,605
-1,325
+1,325
Tue 18 Aug 2026
46,877
-3,603
-507
-1,300
+4,085
-1,325
+1,325
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.