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
54.4%
166 strike
EXPECTED MOVE
$23.50
ATM straddle
MAX PAIN
$152.00
-8.6%
PUT/CALL VOLUME
0.31
892 / 2,851
DEC 4, 2026 CHAIN
| CALLS | PUTS | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Last | Vol | OI | IV | Delta | Gamma | Theta | Strike | Theta | Gamma | Delta | IV | OI | Vol | Last | Ask | Bid |
| 17.25 | 20.85 | 0.00 | 52.8% | 0.716 | 0.0116 | -0.123 | 153 | -0.125 | 0.0117 | -0.282 | 56.3% | 26 | 7.05 | 6.85 | 5.40 | |||
| 16.65 | 20.20 | 0.00 | 52.9% | 0.703 | 0.0119 | -0.126 | 154 | -0.128 | 0.0119 | -0.295 | 52.9% | 4 | 6.00 | 6.05 | 5.65 | |||
| 16.10 | 19.60 | 19.43 | 2 | 53.3% | 0.690 | 0.0121 | -0.129 | 155 | -0.130 | 0.0121 | -0.308 | 52.0% | 1 | 7 | 6.35 | 7.05 | 5.00 | |
| 15.40 | 18.95 | 0.00 | 53.0% | 0.677 | 0.0123 | -0.131 | 156 | -0.133 | 0.0124 | -0.321 | 53.3% | 5 | 6.75 | 6.85 | 6.45 | |||
| 15.15 | 18.40 | 0.00 | 54.0% | 0.664 | 0.0125 | -0.134 | 157 | -0.135 | 0.0126 | -0.334 | 52.3% | 0.00 | 8.00 | 5.70 | ||||
| 14.85 | 17.70 | 0.00 | 53.0% | 0.657 | 0.0126 | -0.135 | 157.5 | -0.136 | 0.0126 | -0.341 | 55.2% | 9 | 7.35 | 8.25 | 7.00 | |||
| 14.30 | 17.85 | 16.90 | 2 | 53.4% | 0.651 | 0.0127 | -0.136 | 158 | -0.137 | 0.0127 | -0.347 | 53.5% | 4 | 7.85 | 7.65 | 7.35 | ||
| 14.05 | 17.00 | 17.34 | 3 | 53.6% | 0.637 | 0.0128 | -0.138 | 159 | -0.139 | 0.0129 | -0.361 | 53.5% | 8 | 8.00 | 8.75 | 7.10 | ||
| 13.95 | 16.15 | 15.35 | 3 | 84 | 54.0% | 0.624 | 0.0130 | -0.140 | 160 | -0.141 | 0.0130 | -0.374 | 55.3% | 16 | 67 | 8.05 | 9.25 | 8.20 |
| 12.65 | 15.10 | 15.93 | 38 | 1 | 51.0% | 0.610 | 0.0131 | -0.142 | 161 | -0.143 | 0.0131 | -0.388 | 52.3% | 7 | 8.90 | 9.60 | 7.50 | |
| 12.20 | 15.15 | 15.58 | 440 | 211 | 52.6% | 0.597 | 0.0132 | -0.143 | 162 | -0.145 | 0.0132 | -0.402 | 53.2% | 50 | 3 | 9.40 | 10.25 | 8.15 |
| 12.25 | 15.05 | 0.00 | 53.7% | 0.590 | 0.0132 | -0.144 | 162.5 | -0.145 | 0.0133 | -0.408 | 54.3% | 25 | 27 | 9.65 | 11.00 | 8.35 | ||
| 12.20 | 14.65 | 15.02 | 440 | 127 | 53.9% | 0.583 | 0.0133 | -0.145 | 163 | -0.146 | 0.0133 | -0.415 | 57.2% | 9 | 6 | 9.90 | 11.40 | 9.65 |
| 12.00 | 14.10 | 13.32 | 95 | 6 | 54.5% | 0.570 | 0.0133 | -0.146 | 164 | -0.147 | 0.0134 | -0.429 | 52.5% | 30 | 10 | 9.75 | 11.35 | 8.70 |
| 11.95 | 13.50 | 13.03 | 438 | 479 | 55.3% | 0.556 | 0.0134 | -0.148 | 165 | -0.149 | 0.0134 | -0.442 | 53.6% | 41 | 125 | 10.64 | 11.75 | 9.75 |
| 11.60 | 12.40 | 12.34 | 725 | 467 | 54.1% | 0.543 | 0.0134 | -0.149 | 166 | -0.150 | 0.0135 | -0.456 | 54.7% | 54 | 11.21 | 12.65 | 10.35 | |
| 10.90 | 12.45 | 12.50 | 18 | 7 | 54.7% | 0.530 | 0.0134 | -0.150 | 167 | -0.150 | 0.0135 | -0.469 | 56.7% | 5 | 19 | 11.94 | 13.30 | 11.65 |
| 10.20 | 13.05 | 10.85 | 2 | 10 | 55.6% | 0.523 | 0.0134 | -0.150 | 167.5 | -0.151 | 0.0135 | -0.476 | 55.0% | 22 | 12.30 | 13.75 | 11.00 | |
| 9.75 | 12.45 | 12.70 | 18 | 1 | 54.2% | 0.517 | 0.0134 | -0.150 | 168 | -0.151 | 0.0135 | -0.482 | 57.3% | 10 | 34 | 12.47 | 13.95 | 12.35 |
| 10.05 | 12.20 | 10.61 | 21 | 24 | 56.3% | 0.504 | 0.0134 | -0.151 | 169 | -0.152 | 0.0134 | -0.495 | 55.5% | 1 | 11 | 12.65 | 14.65 | 12.00 |
| 9.30 | 10.50 | 11.19 | 23 | 255 | 52.6% | 0.491 | 0.0133 | -0.151 | 170 | -0.152 | 0.0134 | -0.508 | 55.5% | 33 | 19 | 13.93 | 14.75 | 13.05 |
| 8.70 | 11.30 | 10.20 | 48 | 1 | 55.0% | 0.478 | 0.0133 | -0.152 | 171 | -0.152 | 0.0134 | -0.521 | 54.4% | 0.00 | 15.85 | 12.65 | ||
| 9.30 | 9.70 | 10.03 | 72 | 230 | 54.5% | 0.466 | 0.0132 | -0.152 | 172 | -0.152 | 0.0133 | -0.534 | 55.1% | 2 | 14.20 | 16.25 | 13.75 | |
| 8.95 | 9.35 | 9.83 | 5 | 1,117 | 54.7% | 0.453 | 0.0131 | -0.152 | 173 | -0.152 | 0.0132 | -0.546 | 56.2% | 296 | 17.35 | 17.00 | 14.65 | |
| 8.30 | 9.95 | 9.00 | 133 | 15 | 58.0% | 0.429 | 0.0129 | -0.151 | 175 | -0.152 | 0.0130 | -0.570 | 55.7% | 0.00 | 18.05 | 15.90 | ||
| 6.85 | 7.20 | 7.59 | 7 | 2 | 55.9% | 0.373 | 0.0122 | -0.149 | 180 | -0.149 | 0.0124 | -0.626 | 57.7% | 1 | 20.75 | 21.95 | 19.50 | |
| 4.90 | 6.20 | 6.29 | 49 | 33 | 55.5% | 0.324 | 0.0114 | -0.143 | 185 | -0.143 | 0.0115 | -0.677 | 57.8% | 0.00 | 25.35 | 23.30 | ||
| 4.05 | 5.35 | 5.32 | 9 | 5 | 57.1% | 0.280 | 0.0105 | -0.137 | 190 | -0.136 | 0.0106 | -0.721 | 58.9% | 0.00 | 30.20 | 26.50 | ||
| 3.90 | 4.25 | 4.40 | 81 | 9 | 59.2% | 0.242 | 0.0095 | -0.129 | 195 | -0.128 | 0.0097 | -0.759 | 60.3% | 0.00 | 34.40 | 30.75 | ||
| 3.30 | 3.65 | 3.89 | 32 | 6 | 60.6% | 0.209 | 0.0086 | -0.121 | 200 | -0.120 | 0.0088 | -0.792 | 61.2% | 0.00 | 38.65 | 35.10 | ||
| 2.83 | 3.10 | 3.05 | 12 | 14 | 62.0% | 0.181 | 0.0077 | -0.113 | 205 | -0.112 | 0.0079 | -0.821 | 63.1% | 0.00 | 43.25 | 39.60 | ||
How this is calculated: Options Chain methodology
