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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 22, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

6 out of 10 because all three personas independently assign 6/10 confidence, but the conflict between bullish and bearish signals keeps conviction from rising higher.

Where Perspectives Agree

All personas converge on a pinning regime near $141 with dealer negative gamma amplifying breakout risk, supporting neutral/income strategies.

Where They Diverge

Flow's bearish put/call ratios and heavy hedging pressure directly contradict Theta's bullish short put spread, which relies on support holding above $123.52.

Top Trade
via directional

Sell 2026-06-12 $124/$123 put spread and $141/$142 call spread (Iron Condor) for net credit of ~$0.40.

Key Risk

Break below $123.52 support flips dealer gamma positive, accelerating downside toward $118 gap; break above $158.32 triggers gamma squeeze.

How to Use These Reports
This ai consensus reflects the market close on May 22, 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.