thetaOwl

USO

United States Oil FundClose $103.98EOD only
Max Pain
$106.00
Next expiry Jul 8, 2026
Expected Move
±$3.69
3.5% from close
Price Gap
+2.02
Distance to max pain
IV Rank
9
Low premium
P/C OI
1.36
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects USO options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jul 2, 2026 close
USO Options Chain
Data as of market close Jul 2, 2026

Compare calls and puts side by side with OI, volume, IV, and positioning context.

Control Row
Next expiry (DTE 6)

Blank greek cells usually mean usable implied volatility was unavailable for that contract in the market-close snapshot.

Open Interest by Strike

IV Skew

Volume by Strike

Calls

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
87.0017.1616.7518.350.2423432105.9%0.9340.0100-0.1750.0160.011
88.0020.1514.2516.700.0002107.4%0.9180.0115-0.2060.0180.011
89.0019.1913.3015.700.0001102.0%0.9140.0126-0.2030.0190.011
94.009.999.1511.250.006253.9%0.9500.0158-0.0790.0130.012
95.009.088.0510.000.0172078.8%0.8490.0244-0.2340.0290.011
100.004.423.404.850.4736017744.9%0.7820.0539-0.1700.0360.010
101.003.603.305.550.30152951.0%0.7010.0559-0.2240.0420.009
103.002.122.122.950.052236045.9%0.5850.0698-0.2250.0470.008
104.001.861.801.880.321,4098935.5%0.5120.0922-0.1790.0490.007
105.001.381.261.590.181,18825438.6%0.4280.0837-0.1890.0480.006
106.001.100.951.220.1353859738.7%0.3480.0786-0.1780.0450.005
107.000.800.750.950.091335639.5%0.2800.0701-0.1650.0410.004
108.000.610.530.710.0663441639.6%0.2170.0609-0.1440.0360.003
109.000.500.340.610.0055653042.2%0.1800.0510-0.1370.0320.002
110.000.380.320.420.0746960641.4%0.1300.0420-0.1080.0260.002
111.000.290.180.390.048569144.7%0.1130.0352-0.1060.0230.002
112.000.230.120.280.0317321044.5%0.0830.0281-0.0830.0190.001
113.000.180.100.22-0.022211145.5%0.0640.0225-0.0700.0150.001
114.000.140.100.18-0.018317747.0%0.0510.0183-0.0610.0130.001
115.000.150.120.270.0313138751.3%0.0510.0167-0.0660.0130.001
116.000.110.020.14-0.05104951.0%0.0360.0129-0.0500.0100.001
117.000.100.030.110.0010421151.8%0.0280.0103-0.0410.0080.000
118.000.120.000.210.00812054.3%0.0260.0090-0.0400.0070.000
119.000.050.000.12-0.1012052.1%0.0150.0060-0.0240.0050.000
120.000.060.050.12-0.012501,29658.0%0.0190.0067-0.0330.0060.000
121.000.410.000.830.0091383.0%0.0660.0127-0.1310.0160.001
122.000.110.000.650.0011981.6%0.0530.0108-0.1080.0130.001
123.000.030.000.26-0.0554770.9%0.0240.0066-0.0490.0070.000
124.000.130.000.650.002687.9%0.0490.0095-0.1090.0120.001
125.000.010.010.10-0.032619466.8%0.0100.0034-0.0230.0030.000
130.000.040.000.51-0.02124122100.8%0.0340.0061-0.0920.0090.000
133.000.240.002.140.0001150.0%0.0950.0093-0.3090.0210.001
136.000.140.002.130.0001159.2%0.0890.0083-0.3140.0200.001
140.000.010.002.13-0.1910030171.1%0.0830.0074-0.3200.0190.001
150.000.090.002.130.00523198.7%0.0730.0057-0.3350.0170.001

Puts

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
90.000.050.040.26-0.01132166.2%-0.0280.0080-0.0520.008-0.000
91.000.130.000.090.00142050.4%-0.0110.0046-0.0170.003-0.000
92.000.110.040.110.0149250.8%-0.0180.0071-0.0270.005-0.000
93.000.090.000.29-0.146753.3%-0.0340.0115-0.0480.009-0.000
94.000.110.010.30-0.011726758.2%-0.0640.0176-0.0880.015-0.001
95.000.100.030.12-0.0416231943.3%-0.0340.0144-0.0400.009-0.000
96.000.150.060.18-0.081291343.0%-0.0520.0204-0.0550.013-0.001
97.000.180.100.23-0.051086841.0%-0.0690.0266-0.0650.016-0.001
98.000.240.150.37-0.0638123741.9%-0.1070.0361-0.0920.022-0.002
99.000.320.230.50-0.1218633840.9%-0.1440.0456-0.1110.028-0.002
100.000.500.440.53-0.1342070936.2%-0.1700.0573-0.1090.031-0.002
101.000.740.470.99-0.181,3224741.2%-0.2610.0648-0.1600.040-0.004
102.001.030.951.22-0.2222923939.1%-0.3240.0755-0.1670.044-0.005
103.001.331.161.42-0.6216236335.3%-0.3960.0897-0.1610.047-0.006
104.001.581.652.05-0.5516738038.4%-0.4880.0854-0.1800.049-0.007
105.002.401.354.30-0.2017830370.5%-0.5280.0464-0.3350.048-0.008
106.002.871.333.85-0.587115350.7%-0.6120.0621-0.2280.047-0.009
107.003.873.705.35-0.056729151.1%-0.6700.0583-0.2160.044-0.010
108.004.644.105.300.071137752.6%-0.7180.0528-0.2070.041-0.011
109.005.404.755.65-0.2681442.8%-0.8170.0509-0.1270.032-0.012
110.007.305.257.750.50205074.0%-0.7260.0370-0.2910.041-0.011
111.007.686.708.850.001955.9%-0.8310.0371-0.1600.031-0.013
112.008.527.408.750.00137459.8%-0.8460.0326-0.1610.029-0.013
113.006.488.209.400.001552.5%-0.9050.0264-0.0960.021-0.014
114.007.129.5011.150.0071653.2%-0.9250.0220-0.0800.017-0.015
115.0011.7410.5011.550.0051466.0%-0.8960.0225-0.1330.022-0.014
116.0012.5011.4013.900.00212073.5%-0.8890.0212-0.1570.023-0.014
117.0012.7712.4014.850.002176.6%-0.8970.0192-0.1540.022-0.015
118.008.8713.4515.800.000280.4%-0.9020.0177-0.1570.021-0.015
119.0014.8114.4016.800.001183.2%-0.9090.0162-0.1530.020-0.015
120.0015.6615.4516.600.001086.8%-0.9120.0151-0.1560.019-0.015
121.0014.7816.3518.800.000089.4%-0.9180.0139-0.1510.018-0.015
123.0014.7018.3520.850.000097.3%-0.9210.0124-0.1600.018-0.016
125.0021.0320.3022.800.00298101.7%-0.9310.0107-0.1510.016-0.016
126.0019.3721.3023.900.0000107.2%-0.9280.0105-0.1650.017-0.016
133.0023.6428.3530.800.0000127.5%-0.9420.0075-0.1650.014-0.017
142.0033.4237.3539.750.0000150.9%-0.9530.0054-0.1650.012-0.019
How to Read the Chain
Use this market-close chain snapshot to compare liquidity, pricing, IV, and per-contract greeks across the active expiration.
How to scan it

Start with strike, bid/ask spread, open interest, and volume. Then use IV and greeks to decide whether a contract fits your directional, income, or volatility idea.

What matters first

Clean fills matter before a contract looks mathematically attractive. A thin market can erase the edge you think you found.

What can mislead you

Low premium, high IV, or one convenient delta do not make a trade by themselves. Check how far the strike sits from spot, expected move, and the event calendar.

Greeks are close-of-day estimates, and blank greek cells usually mean usable implied volatility was unavailable for that contract.