USO Options Chain

Name: USO Options Chain
Creator: Obelion

USO $166.23 · Updated Oct 26, 4:00 PM ET

USO is at $166.23. The nearest expiration, Oct 28, 2026 (2 days out), lists 66 strikes, with 21,068 calls and 20,869 puts traded in the latest session. At-the-money implied volatility is 50.5%. The at-the-money straddle prices a move of about $4.96 (3.0%) by expiration.

EXPIRATION

ATM IV

50.5%

166 strike

EXPECTED MOVE

$4.96

ATM straddle

MAX PAIN

$162.00

-2.5%

PUT/CALL VOLUME

0.99

20,869 / 21,068

OCT 28, 2026 CHAIN

CALLS										PUTS
Bid	Ask	Last	Vol	OI	IV	Delta	Gamma	Theta	Strike	Theta	Gamma	Delta	IV	OI	Vol	Last	Ask	Bid
13.50	15.30	15.15	2	196	72.7%	0.967	0.0090	-0.197	152	-0.108	0.0067	-0.021	65.2%	263	83	0.10	0.15	0.04
12.50	14.45	12.84	1	21	73.8%	0.953	0.0117	-0.259	153	-0.125	0.0083	-0.026	63.3%	370	257	0.10	0.17	0.06
11.30	13.35	13.22	1	36	57.0%	0.977	0.0085	-0.123	154	-0.148	0.0104	-0.032	61.5%	387	177	0.16	0.19	0.09
10.10	12.45	12.23	5	105	104.0%	0.848	0.0200	-0.835	155	-0.171	0.0128	-0.040	59.6%	5,295	2,493	0.19	0.20	0.14
9.80	10.80	10.40	4	69	75.3%	0.898	0.0209	-0.466	156	-0.221	0.0166	-0.055	59.4%	372	388	0.24	0.27	0.20
8.05	10.50	9.61	19	280	93.1%	0.825	0.0244	-0.816	157	-0.253	0.0204	-0.069	57.4%	1,231	414	0.29	0.32	0.25
7.75	9.90	9.36	5	117	65.4%	0.878	0.0273	-0.459	158	-0.291	0.0250	-0.086	55.7%	734	931	0.36	0.39	0.31
7.15	9.35	7.15	6	125	73.2%	0.821	0.0315	-0.655	159	-0.353	0.0308	-0.114	55.2%	619	902	0.45	0.50	0.43
6.30	7.55	7.10	32	454	57.3%	0.842	0.0372	-0.479	160	-0.396	0.0371	-0.141	53.3%	1,605	2,714	0.58	0.62	0.52
5.80	7.05	7.09	8	109	65.0%	0.773	0.0409	-0.671	161	-0.459	0.0440	-0.180	52.7%	223	634	0.70	0.81	0.67
4.50	5.85	5.40	20	683	51.9%	0.774	0.0512	-0.536	162	-0.520	0.0510	-0.227	52.1%	316	702	1.02	1.03	0.88
3.25	5.85	5.48	6	416	76.0%	0.680	0.0415	-0.922	162.5	-0.556	0.0541	-0.255	52.3%	136	508	1.22	1.19	1.01
3.65	5.20	4.65	25	207	51.1%	0.722	0.0580	-0.587	163	-0.555	0.0587	-0.275	50.2%	204	1,080	1.22	1.22	1.10
2.95	4.30	3.77	92	217	62.7%	0.634	0.0530	-0.801	164	-0.609	0.0641	-0.338	50.4%	160	1,362	1.48	1.50	1.44
3.00	3.65	3.00	348	4,938	54.5%	0.589	0.0630	-0.720	165	-0.648	0.0676	-0.406	50.6%	747	3,138	1.85	2.01	1.81
2.49	2.70	2.59	614	749	50.5%	0.525	0.0696	-0.683	166	-0.661	0.0697	-0.475	50.4%	326	543	2.28	2.48	2.24
1.94	2.25	2.14	1,566	438	50.0%	0.455	0.0700	-0.672	167	-0.658	0.0693	-0.544	50.5%	202	440	2.86	3.10	2.68
1.73	1.97	1.76	662	293	51.9%	0.424	0.0667	-0.687	167.5	-0.641	0.0691	-0.579	50.0%	142	284	3.10	3.30	3.00
1.55	1.78	1.66	638	546	52.1%	0.392	0.0652	-0.676	168	-0.728	0.0597	-0.597	57.3%	292	390	3.02	3.80	2.79
1.22	1.43	1.23	1,348	530	52.1%	0.329	0.0613	-0.637	169	-0.617	0.0613	-0.671	52.1%	180	416	4.20	4.50	3.90
1.02	1.14	1.10	2,168	996	51.0%	0.267	0.0569	-0.565	170	-0.600	0.0546	-0.719	54.5%	92	97	4.76	5.40	4.60
0.77	0.94	0.84	418	487	51.5%	0.217	0.0503	-0.510	171	-0.735	0.0441	-0.723	67.0%	41	103	4.84	7.55	4.95
0.65	0.74	0.75	304	471	52.7%	0.177	0.0435	-0.462	172	-0.582	0.0420	-0.785	61.4%	3	7	6.15	8.25	5.30
0.59	0.68	0.62	398	391	53.6%	0.161	0.0403	-0.441	172.5	-0.405	0.0402	-0.843	52.7%	12	19	5.35	8.70	5.05
0.50	0.61	0.57	387	251	53.6%	0.143	0.0371	-0.407	173	-0.426	0.0373	-0.846	56.1%	12	5	6.66	9.30	5.50
0.40	0.48	0.45	324	204	54.4%	0.114	0.0312	-0.352	174	-0.413	0.0323	-0.865	59.5%	3	1	6.59	9.45	7.25
0.30	0.39	0.34	834	811	55.2%	0.090	0.0259	-0.300	175
0.22	0.72	0.33	469	130	64.8%	0.103	0.0244	-0.390	176
0.20	0.27	0.24	153	351	58.0%	0.059	0.0179	-0.229	177
0.15	0.25	0.25	32	100	57.8%	0.050	0.0159	-0.202	177.5
0.12	0.23	0.19	172	1,023	58.0%	0.044	0.0142	-0.181	178

Some greeks are modeled with Black-Scholes from the contract IV where the source left them blank.

Open USO in Obelion Terminal

How this is calculated: Options Chain methodology

EXPIRATION

OCT 28, 2026 CHAIN

OPTIONS CHAIN FOR OTHER TICKERS