USO Options Chain
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
- Oct 28, 2026
- Oct 30, 2026
- Nov 4, 2026
- Nov 6, 2026
- Nov 13, 2026
- Nov 20, 2026
- Nov 27, 2026
- Dec 4, 2026
- Dec 18, 2026
- Jan 15, 2027
- Feb 19, 2027
- Mar 19, 2027
- Apr 16, 2027
ATM IV
49.0%
165 strike
EXPECTED MOVE
$43.83
ATM straddle
MAX PAIN
$144.00
-13.4%
PUT/CALL VOLUME
2.28
1,241 / 544
APR 16, 2027 CHAIN
| CALLS | PUTS | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Last | Vol | OI | IV | Delta | Gamma | Theta | Strike | Theta | Gamma | Delta | IV | OI | Vol | Last | Ask | Bid |
| 40.05 | 41.80 | 41.79 | 57 | 49.5% | 0.790 | 0.0049 | -0.040 | 134 | -0.045 | 0.0050 | -0.201 | 49.0% | 2 | 200 | 7.64 | 8.00 | 6.70 | |
| 38.20 | 41.90 | 29.50 | 20 | 48.9% | 0.785 | 0.0050 | -0.041 | 135 | -0.046 | 0.0051 | -0.207 | 49.4% | 76 | 100 | 8.26 | 8.40 | 7.15 | |
| 38.50 | 40.40 | 30.70 | 2 | 49.1% | 0.779 | 0.0051 | -0.042 | 136 | -0.047 | 0.0052 | -0.213 | 49.3% | 21 | 12.57 | 8.70 | 7.45 | ||
| 37.75 | 40.05 | 21.99 | 3 | 49.4% | 0.772 | 0.0052 | -0.043 | 137 | -0.048 | 0.0053 | -0.219 | 48.9% | 85 | 12.90 | 9.70 | 6.85 | ||
| 37.10 | 39.40 | 21.50 | 108 | 49.4% | 0.766 | 0.0053 | -0.044 | 138 | -0.048 | 0.0054 | -0.226 | 48.4% | 7 | 8.05 | 10.00 | 6.85 | ||
| 35.95 | 39.25 | 27.35 | 36 | 49.4% | 0.760 | 0.0054 | -0.044 | 139 | -0.049 | 0.0054 | -0.232 | 47.2% | 17 | 8.73 | 9.70 | 7.00 | ||
| 35.55 | 38.60 | 37.78 | 4 | 58 | 49.7% | 0.754 | 0.0054 | -0.045 | 140 | -0.050 | 0.0055 | -0.238 | 47.9% | 501 | 1 | 8.78 | 10.10 | 7.75 |
| 34.75 | 37.95 | 32.92 | 17 | 49.4% | 0.748 | 0.0055 | -0.046 | 141 | -0.050 | 0.0056 | -0.245 | 48.7% | 14 | 9.97 | 10.30 | 8.80 | ||
| 34.15 | 37.30 | 32.07 | 21 | 49.4% | 0.741 | 0.0056 | -0.047 | 142 | -0.051 | 0.0057 | -0.251 | 47.8% | 12 | 10.25 | 10.80 | 8.40 | ||
| 33.10 | 36.70 | 27.42 | 37 | 48.8% | 0.735 | 0.0057 | -0.047 | 143 | -0.051 | 0.0058 | -0.258 | 48.5% | 4 | 2 | 10.56 | 11.25 | 9.15 | |
| 33.35 | 36.05 | 18.40 | 100 | 49.9% | 0.728 | 0.0058 | -0.048 | 144 | -0.052 | 0.0059 | -0.265 | 48.8% | 41 | 10.10 | 11.50 | 9.85 | ||
| 33.05 | 34.65 | 22.40 | 212 | 49.2% | 0.721 | 0.0058 | -0.049 | 145 | -0.053 | 0.0060 | -0.271 | 48.9% | 245 | 2 | 11.00 | 11.70 | 10.50 | |
| 29.90 | 32.05 | 30.45 | 23 | 161 | 49.3% | 0.687 | 0.0062 | -0.052 | 150 | -0.056 | 0.0063 | -0.306 | 47.7% | 181 | 11.80 | 14.05 | 11.30 | |
| 26.90 | 29.75 | 29.95 | 155 | 49.3% | 0.653 | 0.0065 | -0.055 | 155 | -0.058 | 0.0066 | -0.341 | 48.5% | 95 | 5 | 14.94 | 16.20 | 14.20 | |
| 24.30 | 26.75 | 27.00 | 7 | 441 | 48.6% | 0.618 | 0.0067 | -0.058 | 160 | -0.060 | 0.0068 | -0.376 | 49.1% | 214 | 2 | 16.93 | 18.60 | 17.15 |
| 21.90 | 24.50 | 23.62 | 22 | 128 | 48.6% | 0.584 | 0.0068 | -0.060 | 165 | -0.062 | 0.0070 | -0.411 | 49.4% | 66 | 27 | 19.71 | 21.25 | 20.00 |
| 20.65 | 22.55 | 21.57 | 5 | 162 | 49.8% | 0.550 | 0.0069 | -0.061 | 170 | -0.063 | 0.0071 | -0.446 | 48.8% | 28 | 41 | 22.98 | 23.75 | 22.50 |
| 19.05 | 20.50 | 19.89 | 1 | 29 | 50.1% | 0.517 | 0.0069 | -0.063 | 175 | -0.064 | 0.0071 | -0.479 | 49.9% | 11 | 194 | 25.63 | 27.75 | 25.40 |
| 17.10 | 18.90 | 18.40 | 192 | 326 | 50.2% | 0.486 | 0.0069 | -0.063 | 180 | -0.064 | 0.0071 | -0.512 | 49.7% | 2 | 200 | 28.94 | 30.55 | 28.65 |
| 14.95 | 17.50 | 15.00 | 138 | 50.0% | 0.456 | 0.0068 | -0.064 | 185 | -0.064 | 0.0071 | -0.543 | 49.6% | 3 | 106 | 32.62 | 33.65 | 32.00 | |
| 14.20 | 16.05 | 15.65 | 10 | 249 | 51.0% | 0.427 | 0.0067 | -0.064 | 190 | -0.063 | 0.0070 | -0.573 | 50.3% | 12 | 38.27 | 37.85 | 35.30 | |
| 13.00 | 14.70 | 12.67 | 1 | 86 | 51.3% | 0.400 | 0.0066 | -0.063 | 195 | -0.063 | 0.0068 | -0.601 | 49.9% | 34 | 52.80 | 41.30 | 38.60 | |
| 11.95 | 13.30 | 13.42 | 33 | 322 | 51.5% | 0.375 | 0.0064 | -0.063 | 200 | -0.062 | 0.0067 | -0.627 | 51.8% | 3 | 43.00 | 45.50 | 43.30 | |
| 10.25 | 12.75 | 8.70 | 133 | 51.6% | 0.351 | 0.0062 | -0.062 | 205 | -0.060 | 0.0065 | -0.652 | 51.3% | 0.00 | 48.90 | 47.05 | |||
| 10.25 | 10.90 | 11.43 | 12 | 113 | 52.0% | 0.329 | 0.0060 | -0.061 | 210 | -0.059 | 0.0064 | -0.676 | 51.0% | 1 | 60.00 | 53.00 | 50.55 | |
| 9.05 | 10.70 | 9.93 | 2 | 244 | 52.7% | 0.308 | 0.0058 | -0.060 | 215 | -0.058 | 0.0062 | -0.698 | 52.6% | 1 | 66.20 | 57.20 | 55.55 | |
| 8.30 | 10.00 | 9.40 | 198 | 101 | 53.2% | 0.289 | 0.0056 | -0.059 | 220 | -0.056 | 0.0060 | -0.718 | 53.0% | 0.00 | 61.35 | 59.80 | ||
| 7.45 | 9.40 | 7.87 | 312 | 53.5% | 0.271 | 0.0054 | -0.057 | 225 | -0.054 | 0.0058 | -0.737 | 53.7% | 34 | 69.04 | 65.80 | 64.15 | ||
| 6.60 | 9.10 | 6.13 | 82 | 54.0% | 0.255 | 0.0052 | -0.056 | 230 | -0.053 | 0.0056 | -0.755 | 53.9% | 1 | 87.70 | 70.25 | 68.25 | ||
| 6.45 | 7.95 | 6.95 | 244 | 54.2% | 0.239 | 0.0049 | -0.055 | 235 | -0.051 | 0.0054 | -0.772 | 54.8% | 1 | 89.82 | 75.20 | 72.50 | ||
| 6.35 | 7.35 | 6.80 | 12 | 25 | 55.1% | 0.225 | 0.0047 | -0.053 | 240 | -0.049 | 0.0052 | -0.787 | 55.3% | 0.00 | 79.20 | 77.50 | ||
How this is calculated: Options Chain methodology
