Managed Money net -1,890 contracts in PJM.PEPCO_month_off_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.PEPCO_month_off_dap - NODAL EXCHANGE
CFTC contract code
064EVH
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
30,067
Change in open interest, contracts
+4
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
22,884
17,295
-
+5,589
76.1
57.5
18.6
Swap Dealers
991
2,359
1,169
-1,368
3.3
7.8
-4.5
Managed Money
595
2,485
0
-1,890
2.0
8.3
-6.3
Other Reportables
155
3,059
870
-2,904
0.5
10.2
-9.7
Total reportable
26,664
27,237
-
-573
88.7
90.6
-1.9
Nonreportable
3,403
2,830
-
+573
11.3
9.4
1.9
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-1,890
Week change
+0
4-week change
+30
13-week change
-610
Net as % of open interest
-6.3%
Percentile, 1 year (52 weeks)
12
Percentile, 3 years (156 weeks)
16
Z-score, 52 weeks
-1.76
COT Index, 3 years
11
52-week high of net
+360
52-week low of net
-1,920
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
16
5
Swap Dealers
-
4
Total reportable
23
15
Largest 4 traders, gross long
46.4%
Largest 4 traders, gross short
70.1%
Largest 8 traders, gross long
67.9%
Largest 8 traders, gross short
84.6%
Largest 4 traders, net long
46.0%
Largest 4 traders, net short
60.7%
Largest 8 traders, net long
64.1%
Largest 8 traders, net short
74.3%
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
22,884
17,295
-
+5,589
76.1
57.5
18.6
Swap Dealers
991
2,359
1,169
-1,368
3.3
7.8
-4.5
Managed Money
595
2,485
0
-1,890
2.0
8.3
-6.3
Other Reportables
155
3,059
870
-2,904
0.5
10.2
-9.7
Total reportable
26,664
27,237
-
-573
88.7
90.6
-1.9
Nonreportable
3,403
2,830
-
+573
11.3
9.4
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
30,067
Old crop / nearest months, contracts
30,067
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
30,067
+5,589
-1,368
-1,890
-2,904
-573
+573
Tue 13 Oct 2026
30,063
+5,614
-1,293
-1,890
-2,979
-548
+548
Tue 6 Oct 2026
29,713
+5,614
-1,293
-1,890
-2,979
-548
+548
Tue 29 Sep 2026
28,881
+6,079
-648
-1,920
-3,912
-401
+401
Tue 22 Sep 2026
26,172
+5,959
-408
-1,920
-4,092
-461
+461
Tue 15 Sep 2026
24,202
+6,159
-83
-1,920
-4,617
-461
+461
Tue 8 Sep 2026
23,092
+6,409
-58
-1,270
-5,542
-461
+461
Tue 1 Sep 2026
24,267
+7,314
-178
-1,400
-6,232
-496
+496
Tue 25 Aug 2026
23,717
+7,389
-108
-1,400
-6,377
-496
+496
Tue 18 Aug 2026
22,471
+7,129
-318
-1,200
-6,347
-736
+736
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.