USO Options Chain
USO $166.23 · Updated Oct 26, 4:00 PM ET
USO is at $166.23. The nearest expiration, Oct 28, 2026 (2 days out), lists 66 strikes, with 21,043 calls and 20,511 puts traded in the latest session. At-the-money implied volatility is 49.7%. The at-the-money straddle prices a move of about $4.96 (3.0%) by expiration.
EXPIRATION
- Oct 28, 2026
- Oct 30, 2026
- Nov 4, 2026
- Nov 6, 2026
- Nov 13, 2026
- Nov 20, 2026
- Nov 27, 2026
- Dec 4, 2026
- Dec 18, 2026
- Jan 15, 2027
- Feb 19, 2027
- Mar 19, 2027
- Apr 16, 2027
ATM IV
49.3%
166 strike
EXPECTED MOVE
$10.27
ATM straddle
MAX PAIN
$160.00
-3.7%
PUT/CALL VOLUME
1.25
6,924 / 5,560
NOV 4, 2026 CHAIN
| CALLS | PUTS | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Last | Vol | OI | IV | Delta | Gamma | Theta | Strike | Theta | Gamma | Delta | IV | OI | Vol | Last | Ask | Bid |
| 14.85 | 17.55 | 18.30 | 30 | 54.5% | 0.882 | 0.0140 | -0.147 | 151 | -0.149 | 0.0140 | -0.117 | 54.0% | 10 | 17 | 0.82 | 1.08 | 0.63 | |
| 14.10 | 16.70 | 16.85 | 1 | 2 | 55.4% | 0.868 | 0.0153 | -0.158 | 152 | -0.160 | 0.0153 | -0.131 | 55.6% | 4 | 809 | 0.87 | 1.28 | 0.91 |
| 13.15 | 15.80 | 17.60 | 2 | 55.0% | 0.853 | 0.0167 | -0.170 | 153 | -0.171 | 0.0167 | -0.146 | 54.3% | 6 | 79 | 1.05 | 1.40 | 0.97 | |
| 12.20 | 14.95 | 7.83 | 3 | 52.5% | 0.836 | 0.0181 | -0.181 | 154 | -0.183 | 0.0181 | -0.163 | 51.5% | 1 | 49 | 1.28 | 1.55 | 0.82 | |
| 11.40 | 14.15 | 14.40 | 33 | 51 | 52.5% | 0.818 | 0.0196 | -0.194 | 155 | -0.195 | 0.0196 | -0.181 | 50.8% | 32 | 276 | 1.25 | 1.71 | 0.96 |
| 10.60 | 13.15 | 13.55 | 1 | 10 | 50.9% | 0.798 | 0.0210 | -0.206 | 156 | -0.208 | 0.0210 | -0.201 | 52.7% | 68 | 98 | 1.59 | 1.92 | 1.45 |
| 10.00 | 12.55 | 13.06 | 3 | 2 | 53.0% | 0.776 | 0.0224 | -0.219 | 157 | -0.220 | 0.0225 | -0.223 | 51.3% | 110 | 125 | 1.63 | 2.22 | 1.42 |
| 9.40 | 11.75 | 5.75 | 11 | 53.3% | 0.753 | 0.0238 | -0.231 | 158 | -0.232 | 0.0238 | -0.247 | 49.9% | 108 | 376 | 1.71 | 2.42 | 1.51 | |
| 8.65 | 10.90 | 10.70 | 32 | 75 | 52.2% | 0.728 | 0.0252 | -0.243 | 159 | -0.244 | 0.0252 | -0.272 | 50.2% | 11 | 282 | 2.18 | 2.46 | 2.19 |
| 7.65 | 9.50 | 9.48 | 53 | 120 | 46.4% | 0.702 | 0.0264 | -0.254 | 160 | -0.255 | 0.0264 | -0.298 | 48.9% | 228 | 1,459 | 2.65 | 2.67 | 2.49 |
| 6.90 | 9.30 | 8.99 | 42 | 42 | 48.5% | 0.674 | 0.0274 | -0.264 | 161 | -0.265 | 0.0275 | -0.326 | 51.2% | 12 | 83 | 2.96 | 3.50 | 2.55 |
| 6.30 | 8.80 | 8.89 | 2 | 29 | 48.9% | 0.645 | 0.0284 | -0.273 | 162 | -0.274 | 0.0284 | -0.354 | 51.3% | 24 | 140 | 3.22 | 3.95 | 2.86 |
| 5.65 | 8.05 | 7.48 | 42 | 117 | 48.2% | 0.616 | 0.0291 | -0.281 | 163 | -0.282 | 0.0291 | -0.384 | 52.7% | 6 | 62 | 3.40 | 4.85 | 3.05 |
| 5.70 | 7.50 | 6.98 | 207 | 24 | 51.6% | 0.586 | 0.0296 | -0.288 | 164 | -0.288 | 0.0297 | -0.413 | 51.7% | 3 | 168 | 4.25 | 5.15 | 3.40 |
| 4.90 | 7.15 | 5.75 | 33 | 47 | 51.2% | 0.556 | 0.0300 | -0.292 | 165 | -0.293 | 0.0300 | -0.444 | 47.4% | 49 | 145 | 4.15 | 4.70 | 3.90 |
| 5.00 | 6.10 | 5.79 | 62 | 14 | 51.6% | 0.526 | 0.0302 | -0.296 | 166 | -0.296 | 0.0302 | -0.474 | 47.1% | 26 | 180 | 4.93 | 5.35 | 4.10 |
| 4.40 | 5.10 | 5.03 | 339 | 62 | 48.5% | 0.496 | 0.0301 | -0.297 | 167 | -0.298 | 0.0302 | -0.504 | 50.0% | 7 | 89 | 5.55 | 5.85 | 5.30 |
| 4.00 | 5.25 | 5.65 | 280 | 15 | 51.6% | 0.466 | 0.0299 | -0.297 | 168 | -0.298 | 0.0300 | -0.533 | 52.4% | 20 | 106 | 6.10 | 7.30 | 5.45 |
| 3.65 | 5.05 | 4.80 | 231 | 232 | 53.0% | 0.437 | 0.0295 | -0.296 | 169 | -0.296 | 0.0296 | -0.563 | 52.4% | 1 | 27 | 6.76 | 8.15 | 5.75 |
| 3.00 | 4.45 | 4.40 | 306 | 218 | 50.7% | 0.409 | 0.0290 | -0.293 | 170 | -0.293 | 0.0290 | -0.591 | 46.9% | 10 | 21 | 7.36 | 7.70 | 7.00 |
| 2.98 | 3.55 | 3.45 | 140 | 16 | 49.8% | 0.382 | 0.0283 | -0.288 | 171 | -0.288 | 0.0284 | -0.618 | 53.0% | 1 | 37 | 7.27 | 9.25 | 7.25 |
| 3.00 | 3.25 | 3.14 | 264 | 31 | 51.8% | 0.356 | 0.0275 | -0.283 | 172 | -0.283 | 0.0276 | -0.644 | 51.9% | 12 | 7.94 | 9.80 | 7.80 | |
| 2.74 | 3.25 | 2.88 | 328 | 33 | 53.7% | 0.331 | 0.0266 | -0.276 | 173 | -0.276 | 0.0267 | -0.669 | 53.3% | 8 | 9.54 | 10.90 | 8.35 | |
| 2.47 | 2.74 | 2.91 | 204 | 22 | 52.6% | 0.307 | 0.0256 | -0.269 | 174 | -0.269 | 0.0257 | -0.693 | 55.7% | 8 | 10.49 | 11.90 | 9.20 | |
| 2.22 | 2.68 | 2.59 | 393 | 133 | 53.9% | 0.284 | 0.0246 | -0.260 | 175 | -0.260 | 0.0247 | -0.716 | 52.1% | 0.00 | 12.15 | 9.75 | ||
| 2.00 | 2.42 | 2.42 | 118 | 7 | 54.0% | 0.263 | 0.0235 | -0.252 | 176 | -0.251 | 0.0236 | -0.737 | 54.4% | 0.00 | 13.15 | 10.65 | ||
| 1.80 | 2.25 | 2.17 | 239 | 14 | 54.6% | 0.243 | 0.0224 | -0.242 | 177 | -0.242 | 0.0225 | -0.757 | 48.5% | 0.00 | 13.20 | 11.20 | ||
| 1.63 | 1.80 | 1.74 | 337 | 119 | 53.3% | 0.225 | 0.0213 | -0.233 | 178 | -0.232 | 0.0214 | -0.776 | 52.3% | 0.00 | 14.55 | 12.05 | ||
| 1.47 | 2.13 | 2.48 | 147 | 56.9% | 0.207 | 0.0202 | -0.223 | 179 | -0.223 | 0.0203 | -0.793 | 49.0% | 0.00 | 14.75 | 13.00 | |||
| 1.32 | 1.70 | 1.69 | 328 | 128 | 55.5% | 0.191 | 0.0190 | -0.213 | 180 | -0.213 | 0.0192 | -0.809 | 50.1% | 2 | 15.60 | 16.30 | 13.30 | |
| 0.86 | 1.55 | 1.57 | 154 | 1 | 53.4% | 0.176 | 0.0180 | -0.203 | 181 | -0.203 | 0.0181 | -0.825 | 48.3% | 0.00 | 16.90 | 14.20 | ||
How this is calculated: Options Chain methodology
