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USO

United States Oil FundClose $129.09EOD only
Max Pain
$140.00
Next expiry Jun 3, 2026
Expected Move
±$4.05
3.1% from close
Price Gap
+10.91
Distance to max pain
IV Rank
4
Low premium
P/C OI
1.80
Slightly put-heavy
Consensus
7.0/10
Bearish tilt
Published snapshot: May 29, 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
May 29, 2026 close
USO AI Consensus Report
Analysis based on market close April 13, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from April 13, 2026. A newer ai consensus report is available for May 26, 2026.

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Conviction
6.5

out of 10

6.5 because concentrated GEX and accumulated positioning give a meaningful mechanical bias upward, but elevated ATM IV and imminent short-dated expiries create a binary timing risk that can quickly negate the pin; alignment is strong but event/vol risk prevents a higher score.

Where Perspectives Agree

Market is biased neutral-to-bullish with a pinned upside between $130–$135 driven by concentrated dealer gamma and net premium on the call side — that structural pin makes range-bound, defined-risk premium sells the highest-expected edge right now.

Where They Diverge

High short-dated implied volatility and a kinked term-structure create a direct counterforce to premium-selling and to the bullish pin: selling premium is attractive on paper but short-dated IV spikes (and scheduled expiries) can vaporize credit and produce rapid tail moves that undermine the directional pin. Additionally, competing short-dated max-pain levels introduce range expansion risk that contradicts a clean one-way pin.

Top Trade
via theta

Sell May 15 125/120 put spread for ~ $1.10 credit (defined-risk premium sell)

Key Risk

Break and close below $100 removes dealer short-gamma support (gamma flip), which would invalidate the pin and accelerate downside toward the $85 level — defined-risk sellers would face gap exposure and directional momentum would turn sharply bearish.

How to Use These Reports
This ai consensus reflects the market close on April 13, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.