TRANSCO STATION 85-ZONE 4 BASI COT Report, Disaggregated
Wednesday, October 28, 2026
Managed Money net +11,762 contracts in TRANSCO STATION 85-ZONE 4 BASI, 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
TRANSCO STATION 85-ZONE 4 BASI - ICE FUTURES ENERGY DIV
CFTC contract code
0233CW
Contract unit
2500 Mm Btu
Open interest, contracts
279,953
Change in open interest, contracts
+2,022
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
184,233
217,823
-
-33,590
65.8
77.8
-12.0
Swap Dealers
29,788
18,217
16,877
+11,571
10.6
6.5
4.1
Managed Money
20,284
8,522
12,181
+11,762
7.2
3.0
4.2
Other Reportables
5,838
2,225
1,640
+3,613
2.1
0.8
1.3
Total reportable
270,841
277,485
-
-6,644
96.7
99.1
-2.4
Nonreportable
9,112
2,468
-
+6,644
3.3
0.9
2.4
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+11,762
Week change
-8,309
4-week change
-29,536
13-week change
-29,960
Net as % of open interest
4.2%
Percentile, 1 year (52 weeks)
2
Percentile, 3 years (156 weeks)
27
Z-score, 52 weeks
-2.60
COT Index, 3 years
8
52-week high of net
+85,626
52-week low of net
+11,762
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
26
32
Swap Dealers
7
-
Managed Money
6
7
Total reportable
50
52
Largest 4 traders, gross long
37.9%
Largest 4 traders, gross short
32.1%
Largest 8 traders, gross long
54.8%
Largest 8 traders, gross short
48.3%
Largest 4 traders, net long
26.5%
Largest 4 traders, net short
24.1%
Largest 8 traders, net long
39.3%
Largest 8 traders, net short
37.3%
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
184,233
217,823
-
-33,590
65.8
77.8
-12.0
Swap Dealers
29,788
18,217
16,877
+11,571
10.6
6.5
4.1
Managed Money
20,284
8,522
12,181
+11,762
7.2
3.0
4.2
Other Reportables
5,838
2,225
1,640
+3,613
2.1
0.8
1.3
Total reportable
270,841
277,485
-
-6,644
96.7
99.1
-2.4
Nonreportable
9,112
2,468
-
+6,644
3.3
0.9
2.4
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
279,953
Old crop / nearest months, contracts
279,953
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
279,953
-33,590
+11,571
+11,762
+3,613
-6,644
+6,644
Tue 13 Oct 2026
277,931
-36,811
+9,128
+20,071
+2,178
-5,434
+5,434
Tue 6 Oct 2026
277,530
-41,184
+10,808
+24,400
-2,319
-8,295
+8,295
Tue 29 Sep 2026
310,933
-64,445
+10,241
+51,165
-3,327
-6,366
+6,366
Tue 22 Sep 2026
298,165
-55,832
+13,689
+41,298
-4,805
-5,650
+5,650
Tue 15 Sep 2026
280,460
-53,446
+12,259
+37,352
-4,010
-7,845
+7,845
Tue 8 Sep 2026
266,108
-57,628
+16,977
+36,922
-4,253
-7,982
+7,982
Tue 1 Sep 2026
299,298
-56,816
+8,939
+57,673
-16,904
-7,108
+7,108
Tue 25 Aug 2026
294,864
-56,880
+215
+63,166
-16,548
-10,047
+10,047
Tue 18 Aug 2026
301,542
-48,296
-11,643
+63,165
-15,081
-11,855
+11,855
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.