Managed Money net +68,996 contracts in PJM WESTERN HUB RT OFF, 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 RT OFF - ICE FUTURES ENERGY DIV
CFTC contract code
064394
Contract unit
Contracts Of About 352 Mwh
Open interest, contracts
235,848
Change in open interest, contracts
-701
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
104,211
132,138
-
-27,927
44.2
56.0
-11.8
Swap Dealers
6,035
43,504
13,387
-37,469
2.6
18.4
-15.9
Managed Money
71,238
2,242
20,295
+68,996
30.2
1.0
29.3
Other Reportables
8,288
13,297
10,624
-5,009
3.5
5.6
-2.1
Total reportable
234,078
235,487
-
-1,409
99.2
99.8
-0.6
Nonreportable
1,770
361
-
+1,409
0.8
0.2
0.6
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+68,996
Week change
-1,843
4-week change
-16,422
13-week change
-23,705
Net as % of open interest
29.3%
Percentile, 1 year (52 weeks)
46
Percentile, 3 years (156 weeks)
81
Z-score, 52 weeks
-0.43
COT Index, 3 years
75
52-week high of net
+96,962
52-week low of net
+51,255
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
35
33
Swap Dealers
-
9
Managed Money
18
-
Other Reportables
8
9
Total reportable
81
73
Largest 4 traders, gross long
37.1%
Largest 4 traders, gross short
40.1%
Largest 8 traders, gross long
49.2%
Largest 8 traders, gross short
57.2%
Largest 4 traders, net long
29.5%
Largest 4 traders, net short
32.5%
Largest 8 traders, net long
37.2%
Largest 8 traders, net short
44.3%
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
104,211
132,138
-
-27,927
44.2
56.0
-11.8
Swap Dealers
6,035
43,504
13,387
-37,469
2.6
18.4
-15.9
Managed Money
71,238
2,242
20,295
+68,996
30.2
1.0
29.3
Other Reportables
8,288
13,297
10,624
-5,009
3.5
5.6
-2.1
Total reportable
234,078
235,487
-
-1,409
99.2
99.8
-0.6
Nonreportable
1,770
361
-
+1,409
0.8
0.2
0.6
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
235,848
Old crop / nearest months, contracts
235,848
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
235,848
-27,927
-37,469
+68,996
-5,009
-1,409
+1,409
Tue 13 Oct 2026
236,549
-28,308
-37,129
+70,839
-6,671
-1,269
+1,269
Tue 6 Oct 2026
240,848
-37,471
-33,825
+75,969
-5,815
-1,142
+1,142
Tue 29 Sep 2026
253,200
-33,881
-39,338
+76,270
-3,886
-835
+835
Tue 22 Sep 2026
257,862
-42,498
-40,622
+85,418
-2,051
+247
-247
Tue 15 Sep 2026
260,132
-44,384
-42,367
+88,578
-2,463
-636
+636
Tue 8 Sep 2026
259,525
-56,040
-36,593
+93,993
-1,924
-564
+564
Tue 1 Sep 2026
265,077
-53,740
-41,614
+94,776
-92
-670
+670
Tue 25 Aug 2026
265,258
-54,459
-42,080
+95,954
-63
-648
+648
Tue 18 Aug 2026
262,295
-53,873
-42,790
+96,962
-942
-643
+643
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.