Managed Money net -2,210 contracts in PJM.JCPL_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.JCPL_month_on_dap - NODAL EXCHANGE
CFTC contract code
064EJI
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
44,690
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
32,695
31,985
-
+710
73.2
71.6
1.6
Swap Dealers
2,825
1,925
445
+900
6.3
4.3
2.0
Managed Money
2,700
4,910
0
-2,210
6.0
11.0
-4.9
Other Reportables
2,860
3,095
135
-235
6.4
6.9
-0.5
Total reportable
41,660
42,495
-
-835
93.2
95.1
-1.9
Nonreportable
3,030
2,195
-
+835
6.8
4.9
1.9
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-2,210
Week change
+0
4-week change
-155
13-week change
-390
Net as % of open interest
-4.9%
Percentile, 1 year (52 weeks)
4
Percentile, 3 years (156 weeks)
1
Z-score, 52 weeks
-1.58
COT Index, 3 years
0
52-week high of net
-935
52-week low of net
-2,210
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
15
8
Total reportable
24
17
Largest 4 traders, gross long
58.3%
Largest 4 traders, gross short
81.3%
Largest 8 traders, gross long
74.1%
Largest 8 traders, gross short
91.5%
Largest 4 traders, net long
57.7%
Largest 4 traders, net short
81.1%
Largest 8 traders, net long
73.3%
Largest 8 traders, net short
91.2%
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
32,695
31,985
-
+710
73.2
71.6
1.6
Swap Dealers
2,825
1,925
445
+900
6.3
4.3
2.0
Managed Money
2,700
4,910
0
-2,210
6.0
11.0
-4.9
Other Reportables
2,860
3,095
135
-235
6.4
6.9
-0.5
Total reportable
41,660
42,495
-
-835
93.2
95.1
-1.9
Nonreportable
3,030
2,195
-
+835
6.8
4.9
1.9
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
44,690
Old crop / nearest months, contracts
44,690
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
44,690
+710
+900
-2,210
-235
-835
+835
Tue 13 Oct 2026
44,690
+710
+900
-2,210
-235
-835
+835
Tue 6 Oct 2026
44,615
+635
+900
-2,135
-235
-835
+835
Tue 29 Sep 2026
47,992
-1,848
+383
-2,055
+2,150
-1,370
+1,370
Tue 22 Sep 2026
48,697
-3,048
+383
-2,055
+3,410
-1,310
+1,310
Tue 15 Sep 2026
47,947
-2,948
+183
-2,055
+3,510
-1,310
+1,310
Tue 8 Sep 2026
47,892
-3,003
+213
-2,055
+3,535
-1,310
+1,310
Tue 1 Sep 2026
50,232
-3,473
+258
-1,900
+3,730
-1,385
+1,385
Tue 25 Aug 2026
49,632
-2,863
+258
-1,900
+3,120
-1,385
+1,385
Tue 18 Aug 2026
49,067
-3,343
+258
-1,900
+3,600
-1,385
+1,385
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.