Managed Money net +600 contracts in PJM.WESTERN HUB_month_2x16_dap, positions as of Tue 27 May 2025.
Data as of Positions as of Tue 27 May 2025; published Fri 30 May 2025
Positions as of Tue 27 May 2025 - published Fri 30 May 2025 (CFTC, Friday release)
Report family
Disaggregated
Basis
Futures only
Market
PJM.WESTERN HUB_month_2x16_dap - NODAL EXCHANGE
CFTC contract code
064GBY
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
6,310
Change in open interest, contracts
+605
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
4,820
4,780
-
+40
76.4
75.8
0.6
Swap Dealers
210
1,230
50
-1,020
3.3
19.5
-16.2
Managed Money
600
0
0
+600
9.5
0.0
9.5
Other Reportables
380
0
0
+380
6.0
0.0
6.0
Total reportable
6,060
6,060
-
+0
96.0
96.0
0.0
Nonreportable
250
250
-
+0
4.0
4.0
0.0
Managed Money: position against its own history
Weekly net, last 7 reports
Managed Money net, contracts
+600
Week change
+600
4-week change
+600
13-week change
-
Net as % of open interest
9.5%
Percentile, 1 year (52 weeks)
-
Percentile, 3 years (156 weeks)
-
Z-score, 52 weeks
-
COT Index, 3 years
-
52-week high of net
+600
52-week low of net
+0
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
10
5
Managed Money
-
0
Other Reportables
-
0
Total reportable
14
7
Largest 4 traders, gross long
59.4%
Largest 4 traders, gross short
92.1%
Largest 8 traders, gross long
85.3%
Largest 8 traders, gross short
96.0%
Largest 4 traders, net long
59.4%
Largest 4 traders, net short
92.1%
Largest 8 traders, net long
85.3%
Largest 8 traders, net short
95.2%
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
4,820
4,780
-
+40
76.4
75.8
0.6
Swap Dealers
210
1,230
50
-1,020
3.3
19.5
-16.2
Managed Money
600
0
0
+600
9.5
0.0
9.5
Other Reportables
380
0
0
+380
6.0
0.0
6.0
Total reportable
6,060
6,060
-
+0
96.0
96.0
0.0
Nonreportable
250
250
-
+0
4.0
4.0
0.0
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
6,310
Old crop / nearest months, contracts
6,310
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 27 May 2025
6,310
+40
-1,020
+600
+380
+0
+0
Tue 4 Oct 2022
5,705
-1,940
+1,740
+0
+200
+0
+0
Tue 27 Sep 2022
5,775
-2,125
+1,925
+0
+200
+0
+0
Tue 20 Sep 2022
5,725
-2,225
+2,025
+0
+200
+0
+0
Tue 13 Sep 2022
5,725
-2,225
+2,025
+0
+200
+0
+0
Tue 6 Sep 2022
7,696
-2,825
+2,625
+0
+200
+0
+0
Tue 30 Aug 2022
7,696
-2,825
+2,625
+0
+200
+0
+0
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 27 May 2025, published Fri 30 May 2025.