Managed Money net +2,025 contracts in PJM.PPL_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.PPL_month_on_dap - NODAL EXCHANGE
CFTC contract code
064EWU
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
72,850
Change in open interest, contracts
+2,150
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
59,320
54,030
-
+5,290
81.4
74.2
7.3
Swap Dealers
4,335
8,774
1,836
-4,439
6.0
12.0
-6.1
Managed Money
2,025
0
90
+2,025
2.8
0.0
2.8
Other Reportables
945
4,385
1,640
-3,440
1.3
6.0
-4.7
Total reportable
70,191
70,755
-
-564
96.3
97.1
-0.8
Nonreportable
2,659
2,095
-
+564
3.6
2.9
0.8
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+2,025
Week change
+0
4-week change
-80
13-week change
+1,020
Net as % of open interest
2.8%
Percentile, 1 year (52 weeks)
85
Percentile, 3 years (156 weeks)
95
Z-score, 52 weeks
1.46
COT Index, 3 years
94
52-week high of net
+2,185
52-week low of net
-350
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
23
18
Swap Dealers
-
6
Managed Money
-
0
Total reportable
36
29
Largest 4 traders, gross long
64.7%
Largest 4 traders, gross short
55.5%
Largest 8 traders, gross long
76.2%
Largest 8 traders, gross short
71.1%
Largest 4 traders, net long
62.6%
Largest 4 traders, net short
53.0%
Largest 8 traders, net long
70.7%
Largest 8 traders, net short
66.3%
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
59,320
54,030
-
+5,290
81.4
74.2
7.3
Swap Dealers
4,335
8,774
1,836
-4,439
6.0
12.0
-6.1
Managed Money
2,025
0
90
+2,025
2.8
0.0
2.8
Other Reportables
945
4,385
1,640
-3,440
1.3
6.0
-4.7
Total reportable
70,191
70,755
-
-564
96.3
97.1
-0.8
Nonreportable
2,659
2,095
-
+564
3.6
2.9
0.8
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
72,850
Old crop / nearest months, contracts
72,850
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
72,850
+5,290
-4,439
+2,025
-3,440
-564
+564
Tue 13 Oct 2026
70,700
+3,607
-4,334
+2,025
-1,850
-552
+552
Tue 6 Oct 2026
70,145
+2,992
-4,259
+2,025
-1,245
-487
+487
Tue 29 Sep 2026
74,460
+6,313
-6,209
+2,105
-2,730
-521
+521
Tue 22 Sep 2026
69,861
+7,602
-7,564
+2,105
-2,510
-367
+367
Tue 15 Sep 2026
64,820
+7,210
-7,004
+2,105
-2,680
-369
+369
Tue 8 Sep 2026
63,910
+6,670
-6,764
+2,105
-2,380
-369
+369
Tue 1 Sep 2026
64,115
+6,059
-6,527
+2,185
-2,110
-393
+393
Tue 25 Aug 2026
63,190
+6,634
-6,737
+2,185
-2,475
-393
+393
Tue 18 Aug 2026
63,250
+5,854
-5,957
+2,185
-2,475
-393
+393
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.