thetaOwl

USO

United States Oil FundClose $142.54EOD only
Max Pain
$142.00
Next expiry May 22, 2026
Expected Move
±$5.83
4.1% from close
Price Gap
-0.54
Distance to max pain
IV Rank
8
Low premium
P/C OI
1.72
Slightly put-heavy
Consensus
8.0/10
Bearish tilt
Published snapshot: May 21, 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 21, 2026 close
USO AI Consensus Report
Analysis based on market close May 21, 2026

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

Conviction
8.0

out of 10

8 not 9 because Theta's neutral pin thesis undermines the bearish push to 142 — if spot holds 145, bearish may stall.

Where Perspectives Agree

Bearish bias with downside to 142 support — dealer short gamma and heavy put flow reinforce the move.

Where They Diverge

Theta's iron condor suggests range-bound around max pain, conflicting with directional bearish expectation of breakdown below 142.

Top Trade
via directional

Buy USO 2026-06-12 $140/$135 put spread for $0.85 debit.

Key Risk

Break above $150 flips dealer gamma positive, invalidating bearish flow and triggering short covering to $155.

How to Use These Reports
This ai consensus reflects the market close on May 21, 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.