Managed Money net -450 contracts in PJM.METED_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.METED_month_on_dap - NODAL EXCHANGE
CFTC contract code
064EOW
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
11,033
Change in open interest, contracts
+90
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
8,130
7,574
-
+556
73.7
68.6
5.0
Swap Dealers
25
1,359
406
-1,334
0.2
12.3
-12.1
Managed Money
0
450
125
-450
0.0
4.1
-4.1
Other Reportables
174
170
120
+4
1.6
1.5
0.0
Total reportable
8,980
10,204
-
-1,224
81.4
92.5
-11.1
Nonreportable
2,053
829
-
+1,224
18.6
7.5
11.1
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-450
Week change
+0
4-week change
+5
13-week change
-395
Net as % of open interest
-4.1%
Percentile, 1 year (52 weeks)
69
Percentile, 3 years (156 weeks)
70
Z-score, 52 weeks
0.63
COT Index, 3 years
77
52-week high of net
-15
52-week low of net
-2,590
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
10
4
Managed Money
0
-
Total reportable
17
10
Largest 4 traders, gross long
55.2%
Largest 4 traders, gross short
75.3%
Largest 8 traders, gross long
71.2%
Largest 8 traders, gross short
89.4%
Largest 4 traders, net long
55.2%
Largest 4 traders, net short
72.5%
Largest 8 traders, net long
70.7%
Largest 8 traders, net short
83.6%
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
8,130
7,574
-
+556
73.7
68.6
5.0
Swap Dealers
25
1,359
406
-1,334
0.2
12.3
-12.1
Managed Money
0
450
125
-450
0.0
4.1
-4.1
Other Reportables
174
170
120
+4
1.6
1.5
0.0
Total reportable
8,980
10,204
-
-1,224
81.4
92.5
-11.1
Nonreportable
2,053
829
-
+1,224
18.6
7.5
11.1
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
11,033
Old crop / nearest months, contracts
11,033
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
11,033
+556
-1,334
-450
+4
-1,224
+1,224
Tue 13 Oct 2026
10,943
+526
-1,394
-450
+94
-1,224
+1,224
Tue 6 Oct 2026
10,958
+526
-1,394
-450
+94
-1,224
+1,224
Tue 29 Sep 2026
11,839
+806
-1,512
-455
+45
-1,116
+1,116
Tue 22 Sep 2026
11,999
+891
-1,537
-455
+45
-1,056
+1,056
Tue 15 Sep 2026
11,934
+471
-1,537
-35
+45
-1,056
+1,056
Tue 8 Sep 2026
11,934
+471
-1,537
-35
+45
-1,056
+1,056
Tue 1 Sep 2026
12,687
+1,076
-1,680
-150
-50
-804
+804
Tue 25 Aug 2026
12,687
+1,076
-1,680
-150
-50
-804
+804
Tue 18 Aug 2026
12,792
+1,076
-1,725
-105
-50
-804
+804
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.