USO Max Pain
USO $166.23 · Updated Oct 26, 4:00 PM ET
USO max pain for Oct 28, 2026 (2 days out) is $162.00, 2.5% below the current $166.23. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $160.00.
MAX PAIN BY EXPIRATION
| Expiration | DTE | Max pain | vs spot | Call OI | Put OI |
|---|---|---|---|---|---|
| Oct 28, 2026 | 2 | $162.00 | -2.5% | 20,002 | 28,669 |
| Oct 30, 2026 | 4 | $159.00 | -4.3% | 53,518 | 65,506 |
| Nov 4, 2026 | 9 | $160.00 | -3.7% | 1,787 | 7,167 |
| Nov 6, 2026 | 11 | $157.50 | -5.3% | 17,125 | 28,559 |
| Nov 13, 2026 | 18 | $156.00 | -6.2% | 11,084 | 10,358 |
| Nov 20, 2026 | 25 | $150.00 | -9.8% | 84,048 | 82,173 |
| Nov 27, 2026 | 32 | $160.00 | -3.7% | 6,324 | 8,899 |
| Dec 4, 2026 | 39 | $152.00 | -8.6% | 4,274 | 2,168 |
| Dec 18, 2026 | 53 | $140.00 | -15.8% | 71,324 | 120,109 |
| Jan 15, 2027 | 81 | $130.00 | -21.8% | 88,014 | 164,728 |
| Feb 19, 2027 | 116 | $151.00 | -9.2% | 4,572 | 6,270 |
| Mar 19, 2027 | 144 | $150.00 | -9.8% | 29,747 | 123,264 |
How this is calculated: Max Pain methodology