thetaOwl

USO

United States Oil FundClose $144.27EOD only
Max Pain
$141.00
Next expiry May 22, 2026
Expected Move
±$7.55
5.2% from close
Price Gap
-3.27
Distance to max pain
IV Rank
7
Low premium
P/C OI
1.68
Slightly put-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: May 20, 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 20, 2026 close
USO AI Consensus Report
Analysis based on market close May 20, 2026

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

Conviction
6.0

out of 10

6 not 7 because high put volume and mixed flow undermine pure pin thesis; not lower because GEX and spot near MP strongly favor pinning.

Where Perspectives Agree

Bullish pin to $145 with dealer gamma support and max pain proximity — all personas reinforce the magnet effect.

Where They Diverge

Flow shows elevated put volume ratio (1.57) and bearish skew at $142/$138, conflicting with Directional's bullish continuation; Theta's put credit spreads assume support but flow's hedging could drive a breakdown.

Top Trade
via theta

Sell 2026-06-18 $140.00/$136.00 put spread for $1.20 credit — defined risk, profits from pin, aligns with theta decay.

Key Risk

Break below $138 triggers flow-driven selling and gamma flip — downside accelerates to $136 and below, invalidating pin thesis.

How to Use These Reports
This ai consensus reflects the market close on May 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.