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

54.4%

166 strike

EXPECTED MOVE

$27.33

ATM straddle

MAX PAIN

$140.00

-15.8%

PUT/CALL VOLUME

1.53

11,274 / 7,388

DEC 18, 2026 CHAIN

CALLS										PUTS
Bid	Ask	Last	Vol	OI	IV	Delta	Gamma	Theta	Strike	Theta	Gamma	Delta	IV	OI	Vol	Last	Ask	Bid
21.45	23.05	22.92	1	230	54.0%	0.720	0.0099	-0.103	151	-0.106	0.0099	-0.277	54.5%	192	25	6.40	7.15	6.25
20.10	22.85	23.95		331	53.3%	0.709	0.0100	-0.105	152	-0.108	0.0101	-0.288	53.3%	566	4	6.50	7.00	6.60
20.00	21.45	22.50	37	1,473	52.8%	0.698	0.0102	-0.107	153	-0.110	0.0103	-0.299	53.4%	290	5	7.53	7.35	7.00
18.60	21.85	21.10	4	386	53.3%	0.686	0.0104	-0.109	154	-0.112	0.0104	-0.311	52.1%	123	2	7.40	7.75	6.80
19.25	20.45	20.55	220	1,962	54.4%	0.675	0.0105	-0.111	155	-0.113	0.0106	-0.322	53.4%	938	149	8.00	8.10	7.80
18.25	20.20	19.70	44	332	54.2%	0.664	0.0107	-0.113	156	-0.115	0.0107	-0.333	54.9%	355	5	8.35	9.30	8.10
17.30	19.55	19.19	39	202	53.2%	0.652	0.0108	-0.115	157	-0.117	0.0109	-0.345	55.0%	165	12	8.72	9.70	8.60
16.70	18.85	18.55	12	207	52.9%	0.641	0.0109	-0.116	158	-0.118	0.0110	-0.356	53.5%	397	32	9.60	10.15	8.30
15.90	18.70	16.55	14	157	53.2%	0.629	0.0110	-0.118	159	-0.120	0.0111	-0.368	55.2%	282	61	9.82	10.65	9.50
15.35	17.75	16.70	63	2,828	52.4%	0.618	0.0111	-0.119	160	-0.121	0.0112	-0.380	54.3%	1,857	654	9.95	10.65	9.95
15.25	17.55	17.05	15	282	53.9%	0.606	0.0112	-0.121	161	-0.122	0.0113	-0.392	54.0%	126	2	10.78	10.95	10.45
14.10	17.50	16.47	431	242	53.6%	0.595	0.0113	-0.122	162	-0.123	0.0114	-0.403	55.7%	189	17	10.85	12.30	10.90
13.80	17.15	16.07	423	358	54.3%	0.583	0.0113	-0.123	163	-0.124	0.0114	-0.415	52.0%	159	10	10.97	11.85	10.50
13.80	16.10	15.15	6	182	54.2%	0.571	0.0114	-0.124	164	-0.125	0.0115	-0.426	53.9%	57	18	11.95	12.35	11.95
13.85	15.30	14.85	202	2,814	54.6%	0.560	0.0114	-0.125	165	-0.126	0.0115	-0.438	54.2%	432	204	12.82	12.85	12.60
12.85	15.35	14.55	94	66	54.6%	0.548	0.0114	-0.126	166	-0.127	0.0115	-0.449	54.1%	56	21	12.52	13.45	13.00
12.00	12.60	12.35	493	3,083	54.0%	0.504	0.0114	-0.128	170	-0.129	0.0115	-0.495	54.8%	241	110	15.04	15.90	15.35
10.25	10.65	10.50	544	3,098	54.9%	0.451	0.0112	-0.129	175	-0.129	0.0113	-0.548	55.4%	208	7	18.21	19.60	18.00
8.70	9.10	9.00	166	2,280	55.6%	0.402	0.0108	-0.128	180	-0.128	0.0109	-0.598	56.3%	291	11	21.85	23.50	21.10
7.45	7.85	8.20	188	1,011	56.6%	0.357	0.0102	-0.126	185	-0.125	0.0104	-0.643	56.3%	136		25.15	27.15	24.40
6.40	6.75	6.87	196	1,894	57.5%	0.317	0.0096	-0.122	190	-0.120	0.0098	-0.684	56.2%	96		32.85	30.95	28.00
5.55	5.90	5.75	117	884	58.7%	0.281	0.0090	-0.117	195	-0.115	0.0091	-0.721	57.7%	7		50.90	35.25	32.10
4.85	5.10	5.00	651	4,507	59.8%	0.249	0.0083	-0.112	200	-0.110	0.0085	-0.753	61.2%	86	4	39.51	39.95	36.90
4.15	4.50	4.60	12	240	60.7%	0.221	0.0076	-0.107	205	-0.104	0.0078	-0.781	57.9%	7	1	42.28	43.10	40.85
3.60	3.95	3.82	130	873	61.7%	0.197	0.0070	-0.101	210	-0.098	0.0072	-0.806	61.2%	5		66.50	47.65	46.00
3.25	3.50	3.61	72	474	63.1%	0.176	0.0064	-0.096	215	-0.092	0.0066	-0.828	62.7%	121		53.92	52.90	50.00
2.81	3.10	2.93	283	933	64.0%	0.157	0.0059	-0.091	220	-0.086	0.0061	-0.847	63.9%	8		61.55	57.55	54.60
2.48	2.76	2.87	8	389	65.1%	0.141	0.0054	-0.086	225	-0.081	0.0056	-0.864	63.1%			0.00	61.80	59.20
2.20	2.46	2.51	11	449	66.1%	0.127	0.0049	-0.081	230	-0.075	0.0052	-0.878	66.3%	2		79.15	66.50	64.50
1.96	2.21	2.20	309	256	67.1%	0.114	0.0045	-0.076	235	-0.070	0.0047	-0.891	63.7%	2		87.95	70.95	68.75
1.75	1.99	1.99	2	211	68.1%	0.103	0.0041	-0.072	240	-0.065	0.0044	-0.903	68.3%			129.19	76.00	74.05

Open USO in Obelion Terminal

How this is calculated: Options Chain methodology

EXPIRATION

DEC 18, 2026 CHAIN

OPTIONS CHAIN FOR OTHER TICKERS