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 21,043 calls and 20,511 puts traded in the latest session. At-the-money implied volatility is 49.7%. The at-the-money straddle prices a move of about $4.96 (3.0%) by expiration.

EXPIRATION

ATM IV

53.4%

166 strike

EXPECTED MOVE

$18.50

ATM straddle

MAX PAIN

$150.00

-9.8%

PUT/CALL VOLUME

1.25

9,778 / 7,818

NOV 20, 2026 CHAIN

CALLS										PUTS
Bid	Ask	Last	Vol	OI	IV	Delta	Gamma	Theta	Strike	Theta	Gamma	Delta	IV	OI	Vol	Last	Ask	Bid
16.50	19.70	17.75	5	284	55.0%	0.760	0.0131	-0.142	152	-0.145	0.0132	-0.238	53.8%	256	29	3.26	3.60	3.40
15.85	18.15	17.65	40	16,334	52.2%	0.746	0.0136	-0.146	153	-0.149	0.0136	-0.252	52.1%	292	37	3.50	3.90	3.20
15.40	18.25	18.15	1	189	55.8%	0.732	0.0140	-0.151	154	-0.153	0.0140	-0.267	54.9%	739	12	3.95	4.50	4.00
15.15	16.30	15.95	77	1,313	52.9%	0.717	0.0144	-0.155	155	-0.158	0.0144	-0.282	55.5%	2,423	204	4.35	5.10	4.25
13.70	16.25	14.05	8	336	52.3%	0.701	0.0148	-0.159	156	-0.162	0.0148	-0.297	53.6%	499	112	4.75	4.80	4.65
13.15	15.55	13.69	5	563	52.4%	0.685	0.0151	-0.163	157	-0.165	0.0151	-0.313	53.9%	216	123	5.05	5.75	4.50
12.75	15.60	11.40		156	53.3%	0.677	0.0152	-0.165	157.5	-0.167	0.0153	-0.321	52.9%	57	46	5.43	5.40	4.90
12.95	14.95	14.64	42	659	53.9%	0.669	0.0154	-0.167	158	-0.169	0.0154	-0.329	53.6%	428	80	5.33	5.60	5.30
12.25	14.40	13.02	17	302	53.8%	0.653	0.0157	-0.170	159	-0.172	0.0157	-0.346	53.7%	104	25	5.69	6.00	5.70
12.25	13.80	12.50	162	2,464	55.6%	0.636	0.0160	-0.173	160	-0.175	0.0160	-0.362	53.5%	860	219	6.26	6.40	6.05
10.80	13.20	12.40	10	686	52.8%	0.620	0.0162	-0.176	161	-0.178	0.0162	-0.379	54.7%	481	52	6.30	7.70	6.00
10.80	12.50	11.34	12	338	54.0%	0.603	0.0164	-0.179	162	-0.180	0.0164	-0.396	55.0%	253	39	6.75	8.25	6.45
10.50	11.85	10.57	7	426	54.4%	0.586	0.0165	-0.181	163	-0.182	0.0166	-0.413	53.6%	117	39	7.40	7.75	7.40
9.90	11.70	10.82	1	223	55.3%	0.569	0.0166	-0.183	164	-0.184	0.0167	-0.430	52.0%	177	336	7.89	8.25	7.30
9.80	10.20	10.00	663	1,729	53.5%	0.552	0.0167	-0.185	165	-0.186	0.0168	-0.447	53.8%	1,339	293	8.58	8.85	8.50
8.85	9.95	9.95	21	770	52.9%	0.536	0.0167	-0.186	166	-0.187	0.0168	-0.463	53.8%	301	75	9.11	9.25	8.95
8.95	9.35	9.20	36	531	54.2%	0.519	0.0168	-0.187	167	-0.188	0.0168	-0.480	54.0%	169	112	9.64	9.80	9.55
8.10	9.00	8.77	126	377	53.3%	0.503	0.0167	-0.188	168	-0.189	0.0168	-0.497	56.0%	295	330	9.75	11.65	9.45
8.15	8.55	9.65	90	395	54.7%	0.486	0.0167	-0.189	169	-0.189	0.0168	-0.513	54.5%	187	124	10.79	11.10	10.60
7.65	8.05	7.90	983	4,178	54.8%	0.470	0.0166	-0.189	170	-0.189	0.0167	-0.529	54.1%	280	71	11.50	12.10	10.60
6.75	7.70	8.25	108	696	52.9%	0.455	0.0165	-0.189	171	-0.189	0.0166	-0.545	53.4%	17		11.00	12.60	11.05
7.05	7.95	7.65	71	334	56.8%	0.439	0.0163	-0.188	172	-0.189	0.0164	-0.560	54.5%	51		16.15	13.35	11.90
6.70	7.55	7.29	39	388	56.8%	0.424	0.0162	-0.188	173	-0.188	0.0163	-0.576	54.8%	110		12.30	14.30	12.30
6.25	6.60	6.55	47	263	55.4%	0.409	0.0160	-0.187	174	-0.187	0.0161	-0.591	53.9%	92		13.20	14.65	12.95
6.05	6.40	6.10	1,034	4,823	55.6%	0.395	0.0158	-0.186	175	-0.186	0.0159	-0.605	56.8%	29	48	14.65	16.10	13.75
5.75	6.10	6.42	264	978	55.8%	0.381	0.0156	-0.185	176	-0.184	0.0156	-0.620	54.9%	9		14.78	16.10	14.45
4.75	5.05	4.75	761	4,727	56.9%	0.328	0.0145	-0.178	180	-0.177	0.0146	-0.673	55.1%	43		17.35	19.10	17.15
3.25	4.30	3.86	135	1,208	57.6%	0.270	0.0130	-0.166	185	-0.165	0.0131	-0.731	56.7%	47	6	22.45	23.20	21.10
2.93	3.15	3.20	412	2,614	59.4%	0.222	0.0114	-0.152	190	-0.150	0.0116	-0.779	58.3%	117	1	27.55	27.25	25.55
2.31	2.85	2.67	320	728	62.3%	0.182	0.0099	-0.138	195	-0.136	0.0100	-0.819	65.8%	107	22	31.06	32.85	30.15
1.85	2.01	1.92	656	4,979	62.2%	0.150	0.0085	-0.124	200	-0.121	0.0087	-0.852	64.9%	184	5	36.50	36.95	34.45

Open USO in Obelion Terminal

How this is calculated: Options Chain methodology

EXPIRATION

NOV 20, 2026 CHAIN

OPTIONS CHAIN FOR OTHER TICKERS