Tue Oct 20, 2026 positions · live minutes after CFTC

Tetco M3 Index COT Report

CFTC Commitments of Traders · positions as of Tuesday 2026-10-20, released Oct 23, 2026 (the CFTC reports each Tuesday's close three days later) · next release Oct 30, 2026 (regular cycle; see the release schedule for holiday shifts)

Related markets
Bullish tilt63/100

Tetco M3 Index positioning leans bullish - commercials buying (26w index 77), speculators crowded short (3y index 4).

How this read is built
  • Commercials (hedgers) are net long and sit near the top of their 26-week range (COT index 77) - a bullish tilt in the traditional read.
  • Large speculators are net short near the bottom of their 3-year range (index 4) - a crowded short, which historically leans bullish for the setup.

A description of how traders are positioned versus their own history - the standard Commitments of Traders interpretation, computed identically for every market. It is not a price forecast, a trading signal, or advice. How traders use positioning · how the read is computed.

As of the COT report, large speculators are net short 2,223 Tetco M3 Index futures contracts (up 120 week-over-week), commercials are net long 2,129, and open interest is 61,414 contracts. Managed money was net short 980 contracts as of (down 360 week-over-week), holding 868 long and 1,848 short.

-2,223
Large speculators net · 52w
2,129
Commercials net
3.7
COT index (3-year)
61,414
Open interest
Cite this data
FuturesBench, "Tetco M3 Index COT Report," data as of 2026-10-20.
https://futuresbench.com/cot/tetco-m3-index/#net-position
Source: CFTC Commitments of Traders (public domain).
CSV: https://futuresbench.com/data/cot/tetco-m3-index.csv
Net positions since 2013
-3k-2k-1k01k2k3k4k2025-102025-122026-022026-032026-052026-062026-082026-10Large speculatorsCommercials
-6k-3k03k6k2021-102022-072023-042023-122024-092025-052026-022026-10Large speculatorsCommercials
-9k-6k-3k03k6k2013-052015-032017-012019-042021-032023-012024-112026-09Large speculatorsCommercials
Embed this chart
<iframe src="https://futuresbench.com/embed/cot/tetco-m3-index/" width="100%" height="560" frameborder="0" loading="lazy" title="Tetco M3 Index COT Report chart - FuturesBench"></iframe>

Positioning - as of Tuesday 2026-10-20

Trader categoryNet positionWeekly change% of open interestCOT index 26wCOT index 52wCOT index 3y
Large speculators-2,223+120-3.6%6.66.23.7
Commercials2,129-8823.5%76.878.986.3
Small traders94+7620.2%86.367.559.5

Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.

Disaggregated report - positions as of Tue 2026-10-20

Trader categoryNet positionWeekly change% of open interestCOT index 26wCOT index 52wCOT index 3y
Producer/merchant-19,081-1,152-31.1%92.296.597.3
Swap dealers21,210+27034.5%1.90.90.8
Managed money-980-360-1.6%0.00.024.8
Other reportables-1,243+480-2.0%31.941.545.2
Small traders94+7620.2%86.367.559.5

Full Disaggregated report history: CSV · switch the chart above to this report family for the full series.

Tetco M3 Index managed money positions, week by week

Managed money long, short and net position in Tetco M3 Index futures for the last 26 weekly COT reports (positions as of each Tuesday), from the CFTC Disaggregated futures-only report. Short = long minus net; spread positions are excluded from both.

Report dateManaged money longManaged money shortManaged money netWeekly changeProducer/merchant netSwap dealers net
8681,848-980-360-19,08121,210
8681,488-620+0-17,92920,940
8681,488-620+30-18,28921,300
1,0481,698-650-620-20,23323,600
645675-30-465-20,61023,021
645210435+645-20,43822,477
0210-210-403-19,25121,463
775582193+0-21,05123,203
775582193-210-20,50722,843
775372403+0-21,46323,289
775372403-1,085-21,34323,169
1,7983101,488-31-32,72030,020
1,8293101,519+93-29,41229,065
1,8294031,426+806-28,43627,291
1,023403620+0-27,38227,136
1,023403620-540-27,38227,136
1,7135531,160+155-30,80231,652
1,4964911,005+589-30,37131,311
1,186770416+496-27,92229,606
690770-80-62-26,68729,141
690708-18-60-30,77933,565
75070842+42-28,31931,045
000+0-28,17331,195
000+0-28,04930,805
000+0-27,95931,543
000+0-32,69135,293

Every week back to 2013: Tetco M3 Index disaggregated CSV.

Recent history

Report dateOpen interestLarge spec netΔCommercial netΔSmall trader net
2026-10-2061,414-2,223+1202,129-88294
2026-10-1358,732-2,343+03,011+0-668
2026-10-0658,792-2,343+303,011-356-668
2026-09-2967,839-2,373-5583,367+956-994
2026-09-2265,607-1,815-4342,411+372-596
2026-09-1564,677-1,381+1,1372,039-173-658
2026-09-0860,588-2,518-3,1412,212+60306
2026-09-0167,147623+02,152-184-2,775
2026-08-2564,917623-902,336+510-2,959
2026-08-1859,195713+01,826+0-2,539
2026-08-1159,075713-1,2401,826+4,526-2,539
2026-08-0473,3661,953-31-2,700-2,353747
2026-07-2871,5651,984+558-347+798-1,637
2026-07-2169,3431,426+806-1,145-899-281
2026-07-1467,700620+0-246+0-374
2026-07-0764,276620-540-246-1,096-374
2026-06-3076,0061,160+155850-90-2,010
2026-06-2374,4251,005+589940-744-1,945
2026-06-1672,379416+4961,684-770-2,100
2026-06-0971,666-80-4662,454-332-2,374
2026-06-0278,366386-602,786+60-3,172
2026-05-2675,906446+422,726-296-3,172
2026-05-1971,504404-303,022+266-3,426
2026-05-1269,824434+02,756-828-3,190
2026-05-0566,278434-6003,584+982-4,018
2026-04-2874,2881,034+1242,602+1,310-3,636

Full history, no login: CSV (2013-05-07 → 2026-10-20) · JSON

Contract facts

2500 mmbtu
Contract unit (CFTC)
0233CG
CFTC contract code

FAQ

Are large speculators long or short Tetco M3 Index futures?
As of the 2026-10-20 COT report, large speculators (non-commercial traders) are net short 2,223 contracts in Tetco M3 Index futures.
What is the managed money position in Tetco M3 Index futures?
As of the 2026-10-20 COT report, managed money traders are net short 980 contracts (868 long, 1,848 short) in Tetco M3 Index futures. The week-by-week table on this page lists the last 26 reports.
How current is this Tetco M3 Index COT data?
The latest report is dated 2026-10-20 (positions as of that Tuesday's close), published by the CFTC on 2026-10-23. This page updates within minutes of each weekly release.
Where can I download Tetco M3 Index COT history?
The full weekly series (2013-05-07 to 2026-10-20) is free at /data/cot/tetco-m3-index.csv - no login, no cap.

Learn: how to read this report · commercials vs non-commercials · glossary

All COT markets Natural Gas And Products Tetco M3 Index CSV Butane Opis Mt Belv Nontet Fp COT Mt Belv Nat Gasoline Opis COT Mt Belv Norm Butane Opis COT Mt Belvieu Ethane Opis COT Propane Non-Ldh Mt Bel COT Conway Propane (Opis) COT

Source: CFTC Commitments of Traders, legacy futures-only report, contract code 0233CG. Dataset coverage 2013-05-07 → 2026-10-20. Methodology.