Managed Money net +2,954 contracts in SOCAL (INDEX), 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
SOCAL (INDEX) - ICE FUTURES ENERGY DIV
CFTC contract code
0233BW
Contract unit
2500 Mmbtu
Open interest, contracts
16,476
Change in open interest, contracts
+2,340
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
8,251
11,240
-
-2,989
50.1
68.2
-18.1
Swap Dealers
2,807
2,924
341
-117
17.0
17.7
-0.7
Managed Money
3,564
610
0
+2,954
21.6
3.7
17.9
Other Reportables
0
0
0
+0
0.0
0.0
0.0
Total reportable
14,963
15,115
-
-152
90.8
91.7
-0.9
Nonreportable
1,513
1,361
-
+152
9.2
8.3
0.9
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+2,954
Week change
+600
4-week change
+4,588
13-week change
-6,015
Net as % of open interest
17.9%
Percentile, 1 year (52 weeks)
54
Percentile, 3 years (156 weeks)
85
Z-score, 52 weeks
-0.24
COT Index, 3 years
30
52-week high of net
+16,933
52-week low of net
-1,708
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
10
12
Other Reportables
0
0
Total reportable
13
16
Largest 4 traders, gross long
62.9%
Largest 4 traders, gross short
59.2%
Largest 8 traders, gross long
82.9%
Largest 8 traders, gross short
77.1%
Largest 4 traders, net long
60.9%
Largest 4 traders, net short
57.7%
Largest 8 traders, net long
80.8%
Largest 8 traders, net short
75.6%
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
8,251
11,240
-
-2,989
50.1
68.2
-18.1
Swap Dealers
2,807
2,924
341
-117
17.0
17.7
-0.7
Managed Money
3,564
610
0
+2,954
21.6
3.7
17.9
Other Reportables
0
0
0
+0
0.0
0.0
0.0
Total reportable
14,963
15,115
-
-152
90.8
91.7
-0.9
Nonreportable
1,513
1,361
-
+152
9.2
8.3
0.9
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
16,476
Old crop / nearest months, contracts
16,476
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
16,476
-2,989
-117
+2,954
+0
-152
+152
Tue 13 Oct 2026
14,136
-1,279
-1,137
+2,354
+0
-62
+62
Tue 6 Oct 2026
12,966
-1,002
-2,037
+3,104
+0
+65
-65
Tue 29 Sep 2026
16,967
-2,258
+933
-177
+692
-810
+810
Tue 22 Sep 2026
16,758
-1,316
+1,545
-1,634
+754
-651
+651
Tue 15 Sep 2026
13,162
-2,932
+2,597
-673
+692
-316
+316
Tue 8 Sep 2026
12,356
-3,058
+2,318
+40
+630
-70
+70
Tue 1 Sep 2026
24,291
-7,054
+3,870
+3,287
+289
+392
-392
Tue 25 Aug 2026
24,043
-7,054
+3,870
+3,287
+289
+392
-392
Tue 18 Aug 2026
22,393
-8,165
+3,840
+4,907
-341
+241
-241
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.