UP DOWN GC ULSD VS HO SPR COT Report, Disaggregated
Wednesday, October 28, 2026
Managed Money net -457 contracts in UP DOWN GC ULSD VS HO SPR, positions as of Tue 8 Sep 2026.
Data as of Positions as of Tue 8 Sep 2026; published Fri 11 Sep 2026
Positions as of Tue 8 Sep 2026 - published Fri 11 Sep 2026 (CFTC, Friday release)
Report family
Disaggregated
Basis
Futures only
Market
UP DOWN GC ULSD VS HO SPR - NEW YORK MERCANTILE EXCHANGE
CFTC contract code
022A13
Contract unit
Contracts Of 42,000 Gallons
Open interest, contracts
31,411
Change in open interest, contracts
-5,292
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
15,920
16,679
-
-759
50.7
53.1
-2.4
Swap Dealers
0
7,773
719
-7,773
0.0
24.7
-24.7
Managed Money
0
457
794
-457
0.0
1.5
-1.5
Other Reportables
860
0
246
+860
2.7
0.0
2.7
Total reportable
18,539
26,668
-
-8,129
59.0
84.9
-25.9
Nonreportable
12,872
4,743
-
+8,129
41.0
15.1
25.9
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-457
Week change
-45
4-week change
-397
13-week change
-457
Net as % of open interest
-1.5%
Percentile, 1 year (52 weeks)
17
Percentile, 3 years (156 weeks)
30
Z-score, 52 weeks
-0.77
COT Index, 3 years
58
52-week high of net
+0
52-week low of net
-1,230
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
12
10
Swap Dealers
0
-
Managed Money
0
-
Other Reportables
-
0
Total reportable
15
14
Largest 4 traders, gross long
38.4%
Largest 4 traders, gross short
68.0%
Largest 8 traders, gross long
49.5%
Largest 8 traders, gross short
79.2%
Largest 4 traders, net long
32.5%
Largest 4 traders, net short
65.9%
Largest 8 traders, net long
41.4%
Largest 8 traders, net short
71.4%
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
15,920
16,679
-
-759
50.7
53.1
-2.4
Swap Dealers
0
7,773
719
-7,773
0.0
24.7
-24.7
Managed Money
0
457
794
-457
0.0
1.5
-1.5
Other Reportables
860
0
246
+860
2.7
0.0
2.7
Total reportable
18,539
26,668
-
-8,129
59.0
84.9
-25.9
Nonreportable
12,872
4,743
-
+8,129
41.0
15.1
25.9
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
31,411
Old crop / nearest months, contracts
31,411
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 8 Sep 2026
31,411
-759
-7,773
-457
+860
-8,129
+8,129
Tue 1 Sep 2026
36,703
-820
-7,870
-412
+860
-8,242
+8,242
Tue 25 Aug 2026
34,741
-351
-8,308
-282
+535
-8,406
+8,406
Tue 18 Aug 2026
32,683
+814
-8,413
-202
+185
-7,616
+7,616
Tue 11 Aug 2026
32,139
+915
-8,438
-60
+110
-7,473
+7,473
Tue 4 Aug 2026
36,219
+2,741
-8,557
-826
+29
-6,613
+6,613
Tue 28 Jul 2026
35,567
+1,885
-8,540
-1,085
+68
-7,672
+7,672
Tue 21 Jul 2026
32,974
+2,604
-8,408
-1,230
+83
-6,951
+6,951
Tue 7 Jul 2026
30,070
+3,724
-8,275
-250
-751
-5,552
+5,552
Tue 30 Jun 2026
35,052
+3,302
-9,173
-250
-851
-6,972
+6,972
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 8 Sep 2026, published Fri 11 Sep 2026.