Managed Money net -22,542 contracts in WAHA FIN 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
WAHA FIN BASIS - ICE FUTURES ENERGY DIV
CFTC contract code
023399
Contract unit
Contracts Of 2,500 Mmbtu'S
Open interest, contracts
736,706
Change in open interest, contracts
+4,507
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
635,102
291,824
-
+343,278
86.2
39.6
46.6
Swap Dealers
33,426
330,635
10,256
-297,209
4.5
44.9
-40.3
Managed Money
8,825
31,367
32,417
-22,542
1.2
4.3
-3.1
Other Reportables
0
25,088
12,732
-25,088
0.0
3.4
-3.4
Total reportable
732,758
734,319
-
-1,561
99.5
99.7
-0.2
Nonreportable
3,948
2,387
-
+1,561
0.5
0.3
0.2
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-22,542
Week change
+1,581
4-week change
-27,097
13-week change
-26,972
Net as % of open interest
-3.1%
Percentile, 1 year (52 weeks)
48
Percentile, 3 years (156 weeks)
24
Z-score, 52 weeks
-0.36
COT Index, 3 years
33
52-week high of net
+19,356
52-week low of net
-42,960
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
43
28
Swap Dealers
5
16
Managed Money
5
6
Other Reportables
0
5
Total reportable
67
61
Largest 4 traders, gross long
31.8%
Largest 4 traders, gross short
41.1%
Largest 8 traders, gross long
50.9%
Largest 8 traders, gross short
58.7%
Largest 4 traders, net long
26.3%
Largest 4 traders, net short
34.5%
Largest 8 traders, net long
42.9%
Largest 8 traders, net short
49.9%
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
635,102
291,824
-
+343,278
86.2
39.6
46.6
Swap Dealers
33,426
330,635
10,256
-297,209
4.5
44.9
-40.3
Managed Money
8,825
31,367
32,417
-22,542
1.2
4.3
-3.1
Other Reportables
0
25,088
12,732
-25,088
0.0
3.4
-3.4
Total reportable
732,758
734,319
-
-1,561
99.5
99.7
-0.2
Nonreportable
3,948
2,387
-
+1,561
0.5
0.3
0.2
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
736,706
Old crop / nearest months, contracts
736,706
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
736,706
+343,278
-297,209
-22,542
-25,088
-1,561
+1,561
Tue 13 Oct 2026
732,199
+342,103
-295,547
-24,123
-25,901
-3,468
+3,468
Tue 6 Oct 2026
717,831
+347,095
-306,114
-19,427
-23,435
-1,881
+1,881
Tue 29 Sep 2026
751,252
+366,552
-331,478
-6,676
-26,464
+1,934
-1,934
Tue 22 Sep 2026
747,405
+360,883
-340,268
+4,555
-23,162
+2,008
-2,008
Tue 15 Sep 2026
738,082
+356,191
-337,608
+11,451
-25,933
+4,101
-4,101
Tue 8 Sep 2026
716,082
+320,050
-307,366
+14,372
-23,927
+3,129
-3,129
Tue 1 Sep 2026
749,673
+334,399
-326,654
+19,356
-23,227
+3,874
-3,874
Tue 25 Aug 2026
739,127
+330,029
-323,837
+17,786
-21,125
+2,853
-2,853
Tue 18 Aug 2026
721,409
+329,329
-321,497
+13,398
-21,279
-49
+49
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.