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USO

United States Oil FundClose $114.87EOD only
Max Pain
$119.00
Next expiry Jun 24, 2026
Expected Move
±$5.88
5.1% from close
Price Gap
+4.13
Distance to max pain
IV Rank
48
Middle-high premium
P/C OI
1.57
Slightly put-heavy
Consensus
8.0/10
Bearish tilt
Published snapshot: Jun 18, 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
Jun 18, 2026 close
USO AI Consensus Report
Analysis based on market close June 22, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
7.0

out of 10

7 not 8 because the long-dated bullish call activity introduces a contrarian signal that could limit downside conviction, and earnings (not in play) is absent as a catalyst.

Where Perspectives Agree

All personas agree on bearish bias toward $112, driven by negative dealer gamma, bearish flow, and spot below max pain.

Where They Diverge

Flow detects long-dated $200 calls as bullish signal, conflicting with near-term bearish momentum; directional prefers long puts while theta recommends credit spreads.

Top Trade
via theta

Sell USO 2026-07-17 $120/$122 call spread for $0.85 credit – defined risk, profits from pin to $112, utilizes elevated IV.

Key Risk

Spot breaks above $122.54 resistance flips dealer gamma long, invalidating bearish momentum and accelerating upside to $127.

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