USO option chain United States Oil Fund, LP
Each row is one strike. The left half is the call, the right half the put. Bid/ask are what buyers and sellers currently quote; volume is contracts traded this session; open interest is standing contracts. The highlighted row sits closest to the stock price.
This expiration prices a move of about ±6.9% (131.47–150.82) · ATM IV 41.0% · P/C open interest 0.92
| CALLS | Strike | PUTS | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Vol | OIThe number of option contracts currently outstanding at a strike or expiration. High open interest shows where positions are concentrated. | IV | ΔModel sensitivity of an option's price to a $1 move in the stock; also used as a rough moneyness scale (a 25-delta option is well out of the money). | Γ | Θ | Bid | Ask | Vol | OI | IV | Δ | Γ | Θ | |
| 65.20 | 67.70 | 67 | 152.0% | 1.00 | 0.0002 | 0.000 | 75 | 0 | 0.0200 | 2 | 2,768 | 103.1% | -0.00 | 0.0002 | -0.004 | |
| 60.20 | 63.10 | 156 | 151.0% | 1.00 | 0.0002 | 0.000 | 80 | 0 | 0.0100 | 101 | 7,313 | 87.9% | -0.00 | 0.0002 | -0.005 | |
| 55.35 | 57.75 | 80 | 130.8% | 1.00 | 0.0003 | 0.000 | 85 | 0.0100 | 0.1100 | 11 | 7,025 | 94.9% | -0.00 | 0.0003 | -0.006 | |
| 50.40 | 52.45 | 259 | 109.3% | 1.00 | 0.0004 | -0.001 | 90 | 0 | 0.0400 | 8,632 | 80.2% | -0.00 | 0.0004 | -0.007 | ||
| 45.45 | 47.50 | 372 | 100.5% | 0.99 | 0.0006 | -0.004 | 95 | 0.0100 | 0.0900 | 4 | 1,945 | 78.9% | -0.00 | 0.0006 | -0.009 | |
| 40.65 | 41.95 | 15 | 737 | 75.2% | 0.99 | 0.0009 | -0.006 | 100 | 0.0200 | 0.1300 | 31 | 15.2K | 73.3% | -0.01 | 0.0009 | -0.011 |
| 39.30 | 40.90 | 58 | 0.99 | 0.0010 | -0.007 | 101 | 0.0400 | 0.0500 | 19 | 3,353 | 67.0% | -0.01 | 0.0010 | -0.011 | ||
| 38.25 | 39.95 | 27 | 0.99 | 0.0011 | -0.008 | 102 | 0 | 0.3300 | 80 | 466 | 77.9% | -0.01 | 0.0011 | -0.012 | ||
| 37.40 | 40.00 | 67 | 92.0% | 0.99 | 0.0012 | -0.008 | 103 | 0.0200 | 0.0700 | 36 | 318 | 63.4% | -0.01 | 0.0012 | -0.013 | |
| 36.45 | 39.00 | 65 | 90.5% | 0.99 | 0.0013 | -0.009 | 104 | 0.0300 | 0.0900 | 125 | 249 | 64.0% | -0.01 | 0.0013 | -0.014 | |
| 35.30 | 37.55 | 268 | 74.5% | 0.99 | 0.0015 | -0.010 | 105 | 0.0100 | 0.1500 | 143 | 3,059 | 64.6% | -0.01 | 0.0015 | -0.014 | |
| 34.30 | 36.40 | 61 | 67.2% | 0.99 | 0.0016 | -0.011 | 106 | 0.0400 | 0.0900 | 110 | 994 | 61.1% | -0.01 | 0.0016 | -0.015 | |
| 33.30 | 35.80 | 6 | 411 | 76.5% | 0.99 | 0.0018 | -0.012 | 107 | 0.0500 | 0.3200 | 4 | 841 | 69.2% | -0.01 | 0.0018 | -0.016 |
| 32.55 | 34.25 | 387 | 66.5% | 0.99 | 0.0019 | -0.013 | 108 | 0.0400 | 0.1500 | 15 | 772 | 60.6% | -0.01 | 0.0019 | -0.017 | |
| 32.00 | 32.95 | 115 | 68.6% | 0.98 | 0.0021 | -0.015 | 109 | 0.0500 | 0.1100 | 138 | 2,445 | 57.4% | -0.01 | 0.0021 | -0.018 | |
| 31.10 | 31.65 | 7 | 1,432 | 60.8% | 0.98 | 0.0024 | -0.016 | 110 | 0.0500 | 0.2900 | 165 | 6,732 | 62.4% | -0.02 | 0.0024 | -0.020 |
| 29.65 | 31.05 | 1 | 42 | 57.0% | 0.98 | 0.0026 | -0.018 | 111 | 0 | 0.2200 | 32 | 254 | 56.4% | -0.02 | 0.0026 | -0.021 |
| 28.70 | 30.10 | 1 | 87 | 58.3% | 0.98 | 0.0029 | -0.019 | 112 | 0 | 0.2900 | 8 | 4,249 | 57.0% | -0.02 | 0.0029 | -0.022 |
| 27.50 | 29.60 | 134 | 63.3% | 0.98 | 0.0032 | -0.021 | 113 | 0.1000 | 0.4000 | 23 | 1,313 | 60.6% | -0.02 | 0.0032 | -0.024 | |
| 26.40 | 28.40 | 111 | 54.2% | 0.97 | 0.0036 | -0.023 | 114 | 0 | 0.2700 | 85 | 1,871 | 52.7% | -0.02 | 0.0036 | -0.026 | |
| 26.15 | 27.00 | 24 | 2,683 | 59.9% | 0.97 | 0.0040 | -0.025 | 115 | 0.1100 | 0.1700 | 107 | 9,981 | 51.1% | -0.03 | 0.0040 | -0.028 |
| 24.55 | 26.90 | 160 | 62.6% | 0.97 | 0.0044 | -0.027 | 116 | 0.1500 | 0.3200 | 78 | 349 | 54.0% | -0.03 | 0.0044 | -0.030 | |
| 24.15 | 25.05 | 209 | 56.5% | 0.97 | 0.0050 | -0.030 | 117 | 0.0900 | 0.3000 | 29 | 869 | 50.3% | -0.03 | 0.0050 | -0.033 | |
| 22.85 | 24.85 | 404 | 61.4% | 0.96 | 0.0055 | -0.033 | 118 | 0.1500 | 0.4300 | 21 | 2,945 | 52.2% | -0.04 | 0.0056 | -0.036 | |
| 21.50 | 24.40 | 266 | 61.4% | 0.96 | 0.0062 | -0.036 | 119 | 0.0600 | 0.4100 | 2 | 187 | 48.1% | -0.04 | 0.0062 | -0.039 | |
| 21.30 | 21.75 | 113 | 2,802 | 47.6% | 0.95 | 0.0069 | -0.039 | 120 | 0.2500 | 0.3300 | 471 | 5,130 | 48.2% | -0.05 | 0.0069 | -0.042 |
| 19.90 | 22.50 | 188 | 61.8% | 0.95 | 0.0078 | -0.043 | 121 | 0.2700 | 0.5300 | 104 | 3,126 | 49.5% | -0.05 | 0.0078 | -0.046 | |
| 19.25 | 20.35 | 1 | 168 | 51.1% | 0.94 | 0.0087 | -0.047 | 122 | 0.2200 | 0.5200 | 26 | 385 | 46.6% | -0.06 | 0.0087 | -0.050 |
| 18.15 | 19.05 | 86 | 180 | 43.8% | 0.93 | 0.0097 | -0.052 | 123 | 0.2500 | 0.5100 | 26 | 304 | 44.8% | -0.07 | 0.0097 | -0.054 |
| 17.45 | 18.20 | 1 | 172 | 47.1% | 0.92 | 0.0108 | -0.057 | 124 | 0.3800 | 0.7100 | 15 | 224 | 46.7% | -0.08 | 0.0108 | -0.059 |
| 16.55 | 17.25 | 52 | 2,121 | 46.4% | 0.91 | 0.0120 | -0.062 | 125 | 0.4900 | 0.7600 | 183 | 3,412 | 46.2% | -0.09 | 0.0120 | -0.064 |
| 15.65 | 17.45 | 2 | 103 | 54.9% | 0.90 | 0.0134 | -0.068 | 126 | 0.5000 | 1.73 | 18 | 1,675 | 52.4% | -0.10 | 0.0134 | -0.069 |
| 14.80 | 15.25 | 3 | 277 | 44.1% | 0.89 | 0.0148 | -0.073 | 127 | 0.6000 | 0.8400 | 20 | 849 | 43.4% | -0.11 | 0.0148 | -0.075 |
| 13.90 | 14.35 | 17 | 366 | 43.4% | 0.87 | 0.0164 | -0.080 | 128 | 0.5400 | 1.06 | 24 | 1,813 | 42.5% | -0.13 | 0.0164 | -0.082 |
| 13.05 | 13.40 | 31 | 593 | 42.5% | 0.85 | 0.0180 | -0.087 | 129 | 0.9000 | 1.02 | 5 | 140 | 42.6% | -0.14 | 0.0180 | -0.088 |
| 12.60 | 13.40 | 8 | 45.1% | 0.85 | 0.0188 | -0.090 | 129.5 | 0.9300 | 1.14 | 3 | 3 | 42.4% | -0.15 | 0.0188 | -0.092 | |
| 12.20 | 12.50 | 193 | 3,835 | 41.8% | 0.84 | 0.0196 | -0.094 | 130 | 1.04 | 1.17 | 628 | 5,545 | 42.1% | -0.16 | 0.0197 | -0.095 |
| 11.75 | 12.60 | 13 | 44.7% | 0.83 | 0.0205 | -0.097 | 130.5 | 0.9000 | 1.47 | 8 | 56 | 41.9% | -0.17 | 0.0205 | -0.099 | |
| 11.35 | 12.35 | 6 | 232 | 45.5% | 0.82 | 0.0213 | -0.101 | 131 | 1.21 | 1.35 | 10 | 212 | 41.9% | -0.18 | 0.0214 | -0.102 |
| 11.00 | 11.80 | 9 | 44.7% | 0.80 | 0.0222 | -0.105 | 131.5 | 1.28 | 1.60 | 1 | 21 | 42.5% | -0.19 | 0.0222 | -0.106 | |
| 10.55 | 11.10 | 105 | 887 | 42.5% | 0.79 | 0.0230 | -0.108 | 132 | 1.41 | 1.53 | 48 | 1,958 | 41.5% | -0.21 | 0.0231 | -0.110 |
| 10.15 | 11.00 | 103 | 10 | 43.9% | 0.78 | 0.0239 | -0.112 | 132.5 | 1.34 | 1.74 | 24 | 4 | 41.0% | -0.22 | 0.0239 | -0.113 |
| 9.80 | 10.35 | 53 | 354 | 42.4% | 0.77 | 0.0247 | -0.116 | 133 | 1.63 | 1.94 | 43 | 553 | 42.3% | -0.23 | 0.0248 | -0.117 |
| 9.40 | 10.05 | 4 | 296 | 42.6% | 0.76 | 0.0255 | -0.119 | 133.5 | 1.62 | 2.29 | 28 | 16 | 42.7% | -0.24 | 0.0255 | -0.120 |
| 9.05 | 9.55 | 108 | 16.3K | 41.9% | 0.74 | 0.0263 | -0.122 | 134 | 1.81 | 2.18 | 65 | 208 | 41.6% | -0.26 | 0.0263 | -0.124 |
| 8.70 | 9.25 | 42 | 42.2% | 0.73 | 0.0270 | -0.126 | 134.5 | 1.97 | 2.17 | 1 | 143 | 40.9% | -0.27 | 0.0271 | -0.127 | |
| 8.40 | 8.75 | 221 | 4,598 | 41.6% | 0.71 | 0.0277 | -0.129 | 135 | 2.18 | 2.40 | 3,068 | 1,963 | 41.5% | -0.29 | 0.0278 | -0.130 |
| 7.65 | 8.20 | 69 | 785 | 41.8% | 0.69 | 0.0290 | -0.135 | 136 | 2.35 | 2.79 | 18 | 541 | 41.1% | -0.31 | 0.0291 | -0.136 |
| 7.05 | 7.45 | 106 | 224 | 41.4% | 0.65 | 0.0301 | -0.141 | 137 | 2.77 | 3.35 | 15 | 108 | 42.3% | -0.34 | 0.0302 | -0.142 |
| 6.45 | 6.75 | 146 | 458 | 41.0% | 0.62 | 0.0310 | -0.145 | 138 | 3.30 | 3.45 | 153 | 2,351 | 41.5% | -0.38 | 0.0311 | -0.146 |
| 5.90 | 6.40 | 11 | 342 | 42.0% | 0.59 | 0.0316 | -0.149 | 139 | 3.55 | 3.90 | 43 | 137 | 40.9% | -0.41 | 0.0318 | -0.150 |
| 5.35 | 5.60 | 2,226 | 6,223 | 40.9% | 0.56 | 0.0320 | -0.152 | 140 | 4.15 | 4.35 | 205 | 1,990 | 41.5% | -0.44 | 0.0322 | -0.153 |
| 4.90 | 5.10 | 266 | 558 | 41.2% | 0.53 | 0.0322 | -0.154 | 141 | 4.50 | 4.85 | 80 | 225 | 40.9% | -0.47 | 0.0323 | -0.155 |
| 4.40 | 4.85 | 110 | 514 | 42.0% | 0.49 | 0.0322 | -0.155 | 142 | 5.05 | 5.55 | 78 | 228 | 41.8% | -0.51 | 0.0323 | -0.156 |
| 4.00 | 4.35 | 27 | 318 | 42.0% | 0.46 | 0.0319 | -0.155 | 143 | 5.60 | 6.00 | 56 | 70 | 41.3% | -0.54 | 0.0320 | -0.156 |
| 3.40 | 4.00 | 59 | 375 | 41.4% | 0.43 | 0.0314 | -0.155 | 144 | 6.20 | 6.60 | 116 | 41.4% | -0.57 | 0.0315 | -0.155 | |
| 3.35 | 3.50 | 1,983 | 6,256 | 42.4% | 0.40 | 0.0307 | -0.153 | 145 | 6.85 | 7.30 | 47 | 735 | 41.9% | -0.60 | 0.0308 | -0.154 |
| 3.00 | 3.35 | 2 | 1,276 | 43.3% | 0.38 | 0.0298 | -0.151 | 146 | 7.55 | 8.05 | 2 | 200 | 42.5% | -0.63 | 0.0300 | -0.151 |
| 2.72 | 3.05 | 39 | 627 | 43.6% | 0.35 | 0.0289 | -0.148 | 147 | 8.30 | 8.70 | 7 | 113 | 42.8% | -0.65 | 0.0290 | -0.148 |
| 2.46 | 2.82 | 14 | 1,039 | 44.2% | 0.32 | 0.0278 | -0.145 | 148 | 9.00 | 9.45 | 465 | 43.0% | -0.68 | 0.0280 | -0.145 | |
| 2.14 | 2.50 | 1 | 889 | 43.8% | 0.30 | 0.0266 | -0.141 | 149 | 9.70 | 10.20 | 50 | 73 | 43.0% | -0.70 | 0.0268 | -0.141 |
| 2.03 | 2.22 | 441 | 9,741 | 44.4% | 0.28 | 0.0254 | -0.137 | 150 | 10.40 | 11.35 | 63 | 581 | 44.8% | -0.73 | 0.0256 | -0.137 |
| 1.77 | 2.02 | 7 | 373 | 44.4% | 0.25 | 0.0242 | -0.132 | 151 | 10.65 | 11.80 | 13 | 40.3% | -0.75 | 0.0244 | -0.132 | |
| 1.62 | 2.00 | 159 | 352 | 45.8% | 0.23 | 0.0230 | -0.127 | 152 | 11.90 | 13.60 | 24 | 48.3% | -0.77 | 0.0232 | -0.127 | |
| 1.40 | 1.84 | 10 | 131 | 46.0% | 0.22 | 0.0217 | -0.122 | 153 | 12.35 | 14.45 | 14 | 46.7% | -0.79 | 0.0219 | -0.122 | |
| 1.31 | 1.51 | 14 | 272 | 45.6% | 0.20 | 0.0205 | -0.117 | 154 | 13.65 | 14.40 | 8 | 44.4% | -0.80 | 0.0207 | -0.117 | |
| 1.19 | 1.41 | 1,633 | 2,250 | 46.3% | 0.18 | 0.0193 | -0.113 | 155 | 14.50 | 15.20 | 372 | 44.1% | -0.82 | 0.0195 | -0.112 | |
| 1.07 | 1.34 | 4 | 254 | 47.0% | 0.17 | 0.0182 | -0.107 | 156 | 15.10 | 16.65 | 41 | 46.4% | -0.83 | 0.0183 | -0.107 | |
| 0.9600 | 1.30 | 170 | 47.9% | 0.16 | 0.0171 | -0.103 | 157 | 15.75 | 17.80 | 39 | 46.9% | -0.85 | 0.0172 | -0.102 | ||
| 0.8900 | 1.10 | 5 | 79 | 47.8% | 0.14 | 0.0160 | -0.098 | 158 | 16.90 | 17.90 | 23 | 42.8% | -0.86 | 0.0162 | -0.097 | |
| 0.7900 | 1.06 | 8 | 189 | 48.6% | 0.13 | 0.0150 | -0.093 | 159 | 18.15 | 18.85 | 7 | 46.2% | -0.87 | 0.0151 | -0.092 | |
| 0.7100 | 0.9500 | 155 | 5,837 | 48.8% | 0.12 | 0.0140 | -0.089 | 160 | 18.95 | 19.75 | 1 | 267 | 45.2% | -0.88 | 0.0142 | -0.087 |
| 0.4400 | 0.7800 | 47 | 4,108 | 52.7% | 0.08 | 0.0100 | -0.069 | 165 | 23.35 | 24.80 | 11 | 46.4% | -0.92 | 0.0101 | -0.067 | |
| 0.2900 | 0.4800 | 112 | 1,484 | 54.4% | 0.06 | 0.0071 | -0.053 | 170 | 28.30 | 30.00 | 5 | 8 | 55.6% | -0.95 | 0.0073 | -0.051 |
| 0.1400 | 0.3400 | 23 | 2,231 | 55.8% | 0.04 | 0.0052 | -0.042 | 175 | 32.35 | 35.00 | 2 | -0.96 | 0.0055 | -0.041 | ||
| 0.0100 | 0.2700 | 34 | 3,209 | 56.5% | 0.03 | 0.0038 | -0.035 | 180 | 38.35 | 39.95 | 2 | 68.7% | -0.97 | 0.0042 | -0.035 | |
| 0.0300 | 0.2000 | 22 | 444 | 60.1% | 0.02 | 0.0030 | -0.029 | 185 | 43.15 | 44.35 | -0.98 | 0.0034 | -0.029 | |||
| 0.0600 | 0.1300 | 22 | 982 | 63.4% | 0.02 | 0.0023 | -0.025 | 190 | 48.10 | 49.55 | 1 | -0.99 | 0.0028 | -0.025 | ||
| 0.0500 | 0.1400 | 36 | 445 | 68.0% | 0.02 | 0.0019 | -0.022 | 195 | 52.55 | 55.10 | -0.99 | 0.0022 | -0.021 | |||
| 0.0700 | 0.1200 | 3,448 | 28.5K | 72.6% | 0.01 | 0.0015 | -0.020 | 200 | 57.95 | 59.50 | -0.99 | 0.0018 | -0.016 | |||
| 0 | 0.1300 | 1 | 518 | 73.4% | 0.01 | 0.0013 | -0.018 | 205 | 62.15 | 64.95 | -1.00 | 0.0015 | -0.013 | |||
| 0.0200 | 0.1300 | 10 | 953 | 78.8% | 0.01 | 0.0011 | -0.016 | 210 | 67.35 | 70.15 | -1.00 | 0.0011 | -0.011 | |||
Strikes shown: within ±50% of the underlying price. Intrinsic value = max(0, price − strike) for calls, max(0, strike − price) for puts; extrinsic = option price − intrinsic. Greeks and IV as computed by the exchange feed.
Volatility smile — Sep 18, 2026
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.