USO implied volatility

USO implied volatility: the term structure across expirations and the front expiry's smile by strike.

• USO options traded $31.94M in premium on 2026-11-02: $9.67M in calls and $22.26M in puts, a net bearish lean of $6.79M.
• Put/call ratio 2.30.
• Options price a move of about ±$9.18 by 2026-11-04.
• Max pain for 2026-11-04 is $172.0.

Updated 2026-11-02 19:54 UTC