Managed Money net -355 contracts in PJM.WESTERN HUB_month_on_rtp, 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.WESTERN HUB_month_on_rtp - NODAL EXCHANGE
CFTC contract code
064FKE
Contract unit
Megawatt Hours (Mwh
Open interest, contracts
229,984
Change in open interest, contracts
+2,038
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
124,464
162,475
-
-38,011
54.1
70.6
-16.5
Swap Dealers
47,621
4,060
10,298
+43,561
20.7
1.8
18.9
Managed Money
6,295
6,650
3,310
-355
2.7
2.9
-0.2
Other Reportables
5,751
11,062
3,324
-5,311
2.5
4.8
-2.3
Total reportable
201,063
201,179
-
-116
87.4
87.5
-0.1
Nonreportable
28,921
28,805
-
+116
12.6
12.5
0.1
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-355
Week change
-420
4-week change
-1,170
13-week change
-2,195
Net as % of open interest
-0.2%
Percentile, 1 year (52 weeks)
44
Percentile, 3 years (156 weeks)
31
Z-score, 52 weeks
0.10
COT Index, 3 years
54
52-week high of net
+3,410
52-week low of net
-7,370
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
26
26
Swap Dealers
6
-
Other Reportables
5
4
Total reportable
43
45
Largest 4 traders, gross long
34.2%
Largest 4 traders, gross short
46.0%
Largest 8 traders, gross long
55.6%
Largest 8 traders, gross short
59.9%
Largest 4 traders, net long
30.6%
Largest 4 traders, net short
40.5%
Largest 8 traders, net long
47.0%
Largest 8 traders, net short
51.1%
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
124,464
162,475
-
-38,011
54.1
70.6
-16.5
Swap Dealers
47,621
4,060
10,298
+43,561
20.7
1.8
18.9
Managed Money
6,295
6,650
3,310
-355
2.7
2.9
-0.2
Other Reportables
5,751
11,062
3,324
-5,311
2.5
4.8
-2.3
Total reportable
201,063
201,179
-
-116
87.4
87.5
-0.1
Nonreportable
28,921
28,805
-
+116
12.6
12.5
0.1
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
229,984
Old crop / nearest months, contracts
229,984
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
229,984
-38,011
+43,561
-355
-5,311
-116
+116
Tue 13 Oct 2026
227,946
-37,695
+43,136
+65
-5,377
+129
-129
Tue 6 Oct 2026
223,562
-35,775
+42,926
-245
-6,777
+129
-129
Tue 29 Sep 2026
235,467
-41,905
+50,219
+1,160
-9,345
+129
-129
Tue 22 Sep 2026
234,339
-44,134
+52,124
+815
-8,676
+129
-129
Tue 15 Sep 2026
233,669
-44,374
+51,569
+1,165
-8,231
+129
-129
Tue 8 Sep 2026
233,031
-44,329
+50,859
+1,565
-7,966
+129
-129
Tue 1 Sep 2026
246,707
-49,079
+55,652
+1,675
-8,039
+209
-209
Tue 25 Aug 2026
244,855
-48,667
+55,037
+2,155
-8,311
+214
-214
Tue 18 Aug 2026
241,991
-48,424
+54,602
+1,735
-7,884
+29
-29
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.