Transco Zone 5 South Basis COT Report, Disaggregated
Wednesday, October 28, 2026
Managed Money net +5,258 contracts in Transco Zone 5 South Basis, 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 Zone 5 South Basis - ICE FUTURES ENERGY DIV
CFTC contract code
0233FJ
Contract unit
2500 Mmbtus
Open interest, contracts
133,247
Change in open interest, contracts
+3,437
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
81,223
109,667
-
-28,444
61.0
82.3
-21.3
Swap Dealers
26,227
6,901
9,046
+19,326
19.7
5.2
14.5
Managed Money
6,970
1,712
1,667
+5,258
5.2
1.3
3.9
Other Reportables
892
0
89
+892
0.7
0.0
0.7
Total reportable
126,114
129,082
-
-2,968
94.6
96.9
-2.2
Nonreportable
7,133
4,165
-
+2,968
5.4
3.1
2.2
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+5,258
Week change
-1,871
4-week change
-10,087
13-week change
-20,494
Net as % of open interest
3.9%
Percentile, 1 year (52 weeks)
2
Percentile, 3 years (156 weeks)
31
Z-score, 52 weeks
-2.46
COT Index, 3 years
25
52-week high of net
+27,976
52-week low of net
+5,258
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
19
27
Swap Dealers
5
-
Other Reportables
-
0
Total reportable
29
35
Largest 4 traders, gross long
55.5%
Largest 4 traders, gross short
48.0%
Largest 8 traders, gross long
73.0%
Largest 8 traders, gross short
64.7%
Largest 4 traders, net long
54.0%
Largest 4 traders, net short
44.1%
Largest 8 traders, net long
67.3%
Largest 8 traders, net short
58.7%
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
81,223
109,667
-
-28,444
61.0
82.3
-21.3
Swap Dealers
26,227
6,901
9,046
+19,326
19.7
5.2
14.5
Managed Money
6,970
1,712
1,667
+5,258
5.2
1.3
3.9
Other Reportables
892
0
89
+892
0.7
0.0
0.7
Total reportable
126,114
129,082
-
-2,968
94.6
96.9
-2.2
Nonreportable
7,133
4,165
-
+2,968
5.4
3.1
2.2
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
133,247
Old crop / nearest months, contracts
133,247
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
133,247
-28,444
+19,326
+5,258
+892
-2,968
+2,968
Tue 13 Oct 2026
129,810
-28,931
+18,882
+7,129
-666
-3,586
+3,586
Tue 6 Oct 2026
128,205
-27,942
+16,979
+7,495
-482
-3,950
+3,950
Tue 29 Sep 2026
141,006
-40,114
+20,053
+15,193
+199
-4,669
+4,669
Tue 22 Sep 2026
140,099
-39,740
+19,843
+15,345
-176
-4,728
+4,728
Tue 15 Sep 2026
139,637
-38,503
+18,804
+13,744
-85
-6,040
+6,040
Tue 8 Sep 2026
140,232
-36,254
+14,627
+14,129
+35
-7,463
+7,463
Tue 1 Sep 2026
154,114
-44,535
+16,247
+20,751
-186
-7,723
+7,723
Tue 25 Aug 2026
151,186
-42,857
+17,840
+20,444
-734
-5,307
+5,307
Tue 18 Aug 2026
150,109
-43,215
+16,130
+20,354
-677
-7,408
+7,408
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.