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USO

United States Oil FundClose $116.04EOD only
Max Pain
$125.00
Next expiry Apr 22, 2026
Expected Move
±$10.12
8.7% from close
Price Gap
+8.96
Distance to max pain
IV Rank
100
High premium
P/C OI
1.61
Slightly put-heavy
Consensus
5.0/10
Bullish tilt
Published snapshot: Apr 17, 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 17, 2026 close
USO AI Consensus Report
Analysis based on market close April 20, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
4.0

out of 10

Score 4 because dealer delta and buy-side flow support the bull case but negative GEX and trending gamma — plus short-dated event risk — materially lower conviction; alignment exists but tail risk is dominant.

Where Perspectives Agree

Modestly bullish pin near mid-$120s driven by dealer delta support and sustained buy-side flow, but the negative GEX/trending gamma regime makes any break fragile and prone to amplification.

Where They Diverge

Directional bullish lean conflicts with the theta persona's premium-selling impulse because the negative/trending gamma environment materially raises the risk of rapid, option-driven moves that would blow out sold premium; this gamma risk directly undermines defined-risk income strategies. Flow (institutional) signals, if neutral-to-accumulative, would further conflict with rapid mean-reversion risk by creating congestion that a gamma flip could violently resolve.

Top Trade
via directional

Buy May 15 2026 $121/$125 call spread, expected debit ~$0.60 (directional long).

Key Risk

Break below $115 on a single-day follow-through (commodity shock or macro gap) flips dealer positioning, removes pin support and accelerates downside toward $105 gap-fill — invalidates the bullish thesis.

How to Use These Reports
This ai consensus reflects the market close on April 20, 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.