thetaOwl

USO

United States Oil FundClose $140.92EOD only
Max Pain
$143.00
Next expiry May 27, 2026
Expected Move
±$11.12
7.9% from close
Price Gap
+2.08
Distance to max pain
IV Rank
20
Low premium
P/C OI
1.75
Slightly put-heavy
Consensus
6.0/10
Neutral tilt
Published snapshot: May 22, 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 22, 2026 close
USO AI Consensus Report
Analysis based on market close May 26, 2026

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

Conviction
7.0

out of 10

7 not 8 because the conflict between range-bound and directional break reduces conviction; 7 not 6 because core bearish signals (short gamma, negative flow, spot below MP) are strongly aligned.

Where Perspectives Agree

All three personas point to bearish downside pressure near term — dealer short gamma, spot below max pain, negative net premium, and high IV all support a move toward $126 or lower.

Where They Diverge

Theta expects range-bound price action supporting iron condors, while Directional anticipates a downside break; Flow's call accumulation at 135-144C adds mild bullish noise but overall net premium is bearish.

Top Trade
via directional

Buy 2026-06-18 $140.00/$135.00 bear put spread for $2.10 debit.

Key Risk

Break below $126.33 support triggers accelerated downside toward $121.40, invalidating the bear pin thesis and possibly leading to a larger sell-off.

How to Use These Reports
This ai consensus reflects the market close on May 26, 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.