PJM NI HUB RT OFF-PK FIXED COT Report, Disaggregated
Wednesday, October 28, 2026
Managed Money net +48,916 contracts in PJM NI HUB RT OFF-PK FIXED, 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 NI HUB RT OFF-PK FIXED - ICE FUTURES ENERGY DIV
CFTC contract code
0643BS
Contract unit
1 Mw Per Hour For About 386 Hours
Open interest, contracts
80,441
Change in open interest, contracts
+2,151
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
23,041
63,287
-
-40,246
28.6
78.7
-50.0
Swap Dealers
2,370
11,171
796
-8,801
2.9
13.9
-10.9
Managed Money
48,916
0
4,240
+48,916
60.8
0.0
60.8
Other Reportables
46
33
267
+13
0.1
0.0
0.0
Total reportable
79,676
79,794
-
-118
99.0
99.2
-0.1
Nonreportable
765
647
-
+118
1.0
0.8
0.1
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+48,916
Week change
+2,138
4-week change
-6,292
13-week change
-2,301
Net as % of open interest
60.8%
Percentile, 1 year (52 weeks)
19
Percentile, 3 years (156 weeks)
73
Z-score, 52 weeks
-0.82
COT Index, 3 years
79
52-week high of net
+62,313
52-week low of net
+41,568
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
20
17
Swap Dealers
-
4
Managed Money
4
0
Total reportable
32
26
Largest 4 traders, gross long
72.1%
Largest 4 traders, gross short
73.7%
Largest 8 traders, gross long
86.7%
Largest 8 traders, gross short
84.3%
Largest 4 traders, net long
66.9%
Largest 4 traders, net short
72.9%
Largest 8 traders, net long
78.4%
Largest 8 traders, net short
79.8%
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
23,041
63,287
-
-40,246
28.6
78.7
-50.0
Swap Dealers
2,370
11,171
796
-8,801
2.9
13.9
-10.9
Managed Money
48,916
0
4,240
+48,916
60.8
0.0
60.8
Other Reportables
46
33
267
+13
0.1
0.0
0.0
Total reportable
79,676
79,794
-
-118
99.0
99.2
-0.1
Nonreportable
765
647
-
+118
1.0
0.8
0.1
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
80,441
Old crop / nearest months, contracts
80,441
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
80,441
-40,246
-8,801
+48,916
+13
-118
+118
Tue 13 Oct 2026
78,290
-37,896
-8,757
+46,778
+62
+187
-187
Tue 6 Oct 2026
78,482
-38,496
-8,700
+47,326
+62
+192
-192
Tue 29 Sep 2026
83,900
-45,284
-8,737
+54,084
+167
+230
-230
Tue 22 Sep 2026
84,005
-45,809
-9,663
+55,208
+222
-42
+42
Tue 15 Sep 2026
83,805
-45,845
-9,843
+55,413
+232
-43
+43
Tue 8 Sep 2026
84,584
-47,523
-10,323
+57,708
+170
+32
-32
Tue 1 Sep 2026
87,107
-48,870
-9,388
+58,560
-234
+68
-68
Tue 25 Aug 2026
82,385
-43,945
-9,665
+53,730
-113
+7
-7
Tue 18 Aug 2026
81,822
-43,516
-8,980
+52,740
-213
+31
-31
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.