Managed Money net +415 contracts in PJM.PENELEC_month_off_dap, positions as of Tue 1 Sep 2026.
Data as of Positions as of Tue 1 Sep 2026; published Fri 4 Sep 2026
Positions as of Tue 1 Sep 2026 - published Fri 4 Sep 2026 (CFTC, Friday release)
Report family
Disaggregated
Basis
Futures only
Market
PJM.PENELEC_month_off_dap - NODAL EXCHANGE
CFTC contract code
064EVB
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
13,554
Change in open interest, contracts
-1,145
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
2,620
10,153
-
-7,533
19.3
74.9
-55.6
Swap Dealers
1,550
2,440
96
-890
11.4
18.0
-6.6
Managed Money
415
0
0
+415
3.1
0.0
3.1
Other Reportables
6,824
0
60
+6,824
50.3
0.0
50.3
Total reportable
11,565
12,749
-
-1,184
85.3
94.1
-8.7
Nonreportable
1,989
805
-
+1,184
14.7
5.9
8.7
Managed Money: position against its own history
Weekly net, last 154 reports
Managed Money net, contracts
+415
Week change
-180
4-week change
-575
13-week change
-605
Net as % of open interest
3.1%
Percentile, 1 year (52 weeks)
8
Percentile, 3 years (156 weeks)
69
Z-score, 52 weeks
-2.02
COT Index, 3 years
26
52-week high of net
+1,610
52-week low of net
+50
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
6
6
Managed Money
-
0
Other Reportables
4
0
Total reportable
14
9
Largest 4 traders, gross long
66.3%
Largest 4 traders, gross short
89.3%
Largest 8 traders, gross long
78.9%
Largest 8 traders, gross short
94.0%
Largest 4 traders, net long
66.3%
Largest 4 traders, net short
89.3%
Largest 8 traders, net long
78.4%
Largest 8 traders, net short
92.8%
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
2,620
10,153
-
-7,533
19.3
74.9
-55.6
Swap Dealers
1,550
2,440
96
-890
11.4
18.0
-6.6
Managed Money
415
0
0
+415
3.1
0.0
3.1
Other Reportables
6,824
0
60
+6,824
50.3
0.0
50.3
Total reportable
11,565
12,749
-
-1,184
85.3
94.1
-8.7
Nonreportable
1,989
805
-
+1,184
14.7
5.9
8.7
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
13,554
Old crop / nearest months, contracts
13,554
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 1 Sep 2026
13,554
-7,533
-890
+415
+6,824
-1,184
+1,184
Tue 26 May 2026
14,699
-7,525
-2,361
+595
+8,235
-1,056
+1,056
Tue 3 Mar 2026
21,197
-10,069
-3,136
+940
+11,315
-950
+950
Tue 24 Feb 2026
21,182
-10,024
-3,281
+940
+11,340
-1,025
+1,025
Tue 17 Feb 2026
21,192
-10,104
-3,301
+990
+11,390
-1,025
+1,025
Tue 10 Feb 2026
21,162
-10,104
-3,301
+990
+11,390
-1,025
+1,025
Tue 3 Feb 2026
22,992
-10,104
-3,301
+990
+11,390
-1,025
+1,025
Tue 27 Jan 2026
22,692
-10,524
-3,551
+1,080
+11,920
-1,075
+1,075
Tue 20 Jan 2026
22,692
-10,524
-3,551
+1,080
+11,920
-1,075
+1,075
Tue 13 Jan 2026
22,597
-10,404
-3,551
+1,080
+11,800
-1,075
+1,075
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 1 Sep 2026, published Fri 4 Sep 2026.