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USO

United States Oil FundClose $125.84EOD only
Max Pain
$110.00
Next expiry Apr 17, 2026
Expected Move
±$3.98
3.2% from close
Price Gap
-15.84
Distance to max pain
IV Rank
60
High premium
P/C OI
1.65
Slightly put-heavy
Consensus
5.0/10
Bullish tilt
Published snapshot: Apr 16, 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
Apr 16, 2026 close
USO AI Consensus Report
Analysis based on market close April 17, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
5.0

out of 10

Score 5 because directional bias exists but is offset equally by dealer short-gamma fragility and ambiguous flow/vol positioning, leaving the thesis easily invalidated by a single catalytic move.

Where Perspectives Agree

Slightly bullish toward $120–125 with dealer short-gamma creating a fragile, acceleration-prone upside move rather than a smooth grind.

Where They Diverge

Theta sellers worry dealer gamma can force violent moves that blow through short premium structures; flow notes (mixed) could be either accumulation or distribution — that ambiguity directly undermines a clean continuation thesis if institutional selling intensifies.

Top Trade
via directional

Directional diagonal: buy Jun 18 $134 call and sell May 29 $143 call for a small net debit (directional persona).

Key Risk

Break below $100 (gamma flip) triggers dealer de-risking and a fast downside cascade toward ~$90, invalidating the bullish pin and collapsing short-call/diagonal performance.

Read the AI Analyst Consensus for USO for 2026-04-17. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.