PJM WESTERN OFF PEAK DAY AHEAD

Managed Money is roughly flat 0.0% of open interest

Managed Money holds a net position of 0 contracts, or 0.0% of the 1,300,586 contracts of open interest, leaving the category roughly flat. That is within the normal range of the last three years (z = −0.23 and sits at 0 on a 0–100 scale of its three-year range). The two measures disagree here: positioning sits near the bottom of its three-year range, but the range is wide enough that it is not statistically unusual. In contracts, the net position moved +0 while open interest moved +0 — little net change, positioning was essentially unchanged. That is +0.00pp as a share of open interest.