Managed Money net +425 contracts in PJM PECO DA OFFPK FIXED, positions as of Tue 4 Nov 2025.
Data as of Positions as of Tue 4 Nov 2025; published Fri 7 Nov 2025
Positions as of Tue 4 Nov 2025 - published Fri 7 Nov 2025 (CFTC, Friday release)
Report family
Disaggregated
Basis
Futures only
Market
PJM PECO DA OFFPK FIXED - ICE FUTURES ENERGY DIV
CFTC contract code
0643D1
Contract unit
1 Mw
Open interest, contracts
7,835
Change in open interest, contracts
+694
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
4,838
6,030
-
-1,192
61.7
77.0
-15.2
Swap Dealers
701
120
629
+581
8.9
1.5
7.4
Managed Money
675
250
0
+425
8.6
3.2
5.4
Other Reportables
50
454
72
-404
0.6
5.8
-5.2
Total reportable
6,965
7,555
-
-590
88.9
96.4
-7.5
Nonreportable
870
280
-
+590
11.1
3.6
7.5
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+425
Week change
+620
4-week change
+425
13-week change
+955
Net as % of open interest
5.4%
Percentile, 1 year (52 weeks)
100
Percentile, 3 years (156 weeks)
97
Z-score, 52 weeks
2.32
COT Index, 3 years
79
52-week high of net
+425
52-week low of net
-975
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
7
7
Swap Dealers
4
-
Total reportable
16
13
Largest 4 traders, gross long
62.0%
Largest 4 traders, gross short
73.7%
Largest 8 traders, gross long
79.0%
Largest 8 traders, gross short
91.1%
Largest 4 traders, net long
60.4%
Largest 4 traders, net short
66.8%
Largest 8 traders, net long
68.0%
Largest 8 traders, net short
77.5%
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
4,838
6,030
-
-1,192
61.7
77.0
-15.2
Swap Dealers
701
120
629
+581
8.9
1.5
7.4
Managed Money
675
250
0
+425
8.6
3.2
5.4
Other Reportables
50
454
72
-404
0.6
5.8
-5.2
Total reportable
6,965
7,555
-
-590
88.9
96.4
-7.5
Nonreportable
870
280
-
+590
11.1
3.6
7.5
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
7,835
Old crop / nearest months, contracts
7,835
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 4 Nov 2025
7,835
-1,192
+581
+425
-404
-590
+590
Tue 3 Jun 2025
7,141
+954
-109
-195
-504
+146
-146
Tue 27 May 2025
7,186
+1,059
-214
-195
-504
+146
-146
Tue 4 Mar 2025
6,350
+853
-809
+0
+126
+170
-170
Tue 25 Feb 2025
6,350
+873
-809
+0
+126
+190
-190
Tue 18 Feb 2025
5,900
+673
-809
+0
+126
-10
+10
Tue 11 Feb 2025
5,900
+673
-809
+0
+126
-10
+10
Tue 4 Feb 2025
6,580
+621
-794
+0
+156
-17
+17
Tue 28 Jan 2025
6,580
+626
-794
+0
+156
-12
+12
Tue 21 Jan 2025
6,580
+626
-794
+0
+156
-12
+12
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 4 Nov 2025, published Fri 7 Nov 2025.