USO - Options Database

USO

United States Oil

$120.63 -3.31%

(7/28 13:00) ◀

Tuesday, July 28, 2026 (2:00pm)

▶ (7/28 15:00)

◀ 7/28 14:00 ▶

Option Volume

Detail

ℹ

Current (07/28 2:00pm) 100,539

Calls: 51,506 (51%)

Puts: 49,033 (49%)

Prior (07/27) 120,862

Calls: 71,053 (59%)

Puts: 49,809 (41%)

Current vs Prior -16.82%

Calls: -27.51% (Calls)

Puts: -1.56% (Puts)

Prior 7-Day Total 1,120,630

Calls: 746,471 (67%)

Puts: 374,159 (33%)

Prior 7-Day Average 160,090

Calls: 106,638 (67%)

Puts: 53,451 (33%)

Current vs Prior 7-Day Avg -37.20%

Calls: -51.70%

Puts: -8.27%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/28 2:00pm) $30.73M

Calls: $13.36M (43%)

Puts: $17.37M (57%)

Prior (07/27) $38.89M

Calls: $21.05M (54%)

Puts: $17.84M (46%)

Current vs Prior -20.97%

Calls: -36.53%

Puts: -2.62%

Prior 7-Day Total $553.11M

Calls: $467.57M (85%)

Puts: $85.53M (15%)

Prior 7-Day Average $79.02M

Calls: $66.80M (85%)

Puts: $12.22M (15%)

Current vs Prior 7-Day Avg -61.10%

Calls: -80.00%

Puts: +42.18%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/28 2:00pm) 0.95

Prior (07/27) 0.70

Current vs Prior +35.80%

Prior 7-Day Average 0.53

Current vs Prior 7-Day Avg +80.44%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/28 2:00pm) 500,553

Calls: 327,279 (65%)

Puts: 173,274 (35%)

Prior (07/27) 457,698

Calls: 295,922 (65%)

Puts: 161,776 (35%)

Current vs Prior +9.36%

Prior 7-Day Total 3,524,246

Calls: 2,153,295 (61%)

Puts: 1,370,951 (39%)

Prior 7-Day Average 503,463

Calls: 307,613 (61%)

Puts: 195,850 (39%)

Current vs Prior 7-Day Avg -0.58%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (07/29) | Next (07/31)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)

Current 3.39% | 5.26%5.26% | 8.62%11.77% | 16.69%

Prior 4.38% | 6.16%6.16% | 8.87%12.77% | 16.83%

Current vs Prior -22.53% | -14.62%-14.62% | -2.75%-7.81% | -0.86%

Prior 7-Day Avg 3.66% | 6.43%3.81% | 8.34%12.51% | 18.05%

Current vs 7-Day Avg -7.44% | -18.31%+37.99% | +3.37%-5.88% | -7.57%

Prior 7-Day Eod 4.38% | 6.16%6.16% | 8.87%12.77% | 16.83%

Current vs 7-Day Eod -22.53% | -14.62%-14.62% | -2.75%-7.81% | -0.86%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 33.70% | 28.73%

Calls: 21.72% | 28.23%

Puts: 45.67% | 29.24%

Prior 20.80% | 17.70%

Calls: 28.37% | 15.15%

Puts: 13.23% | 20.25%

Current vs Prior +62.02% | +62.32%

Prior 7-Day Avg 23.91% | 17.86%

Calls: 23.94% | 16.84%

Puts: 23.88% | 18.88%

Current vs 7-Day Avg +40.92% | +60.85%

Liquidity Expensive

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🤖 AI Insights

P/C ratio rising 36% - increased hedging/bearish positioning. Call-heavy open interest (327,279 calls vs 173,274 puts) suggests bullish positioning.

Smart Money BEARISH

Retail Flow NEUTRAL

Overall MIXED

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
14:00	BEARISH	NEUTRAL	MIXED
13:00	BEARISH	BEARISH	BEARISH
12:00	BEARISH	NEUTRAL	MIXED
11:00	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BULLISH	BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

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Best Value <$1

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High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 78 of results (avg 7.5%, best 4.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$101.00	Jul 29	19.50	20.35	$19.93	4.3%	210	1.00	41
$102.00	Jul 29	18.50	19.40	$18.95	4.7%	193	0.99	50
$99.00	Jul 29	21.20	22.35	$21.78	5.3%	165	1.00	12
$105.00	Aug 21	16.50	17.40	$16.95	5.3%	3	0.88	1.0K
$105.00	Jul 29	15.50	16.35	$15.93	5.3%	84	1.00	106

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$135.00	Aug 28	17.05	17.85	$17.45	4.6%	1	0.71	265
$132.00	Aug 21	14.00	14.70	$14.35	4.9%	2	0.69	313
$139.00	Aug 21	19.60	20.60	$20.10	5.0%	3	0.79	15
$140.00	Aug 28	20.95	22.05	$21.50	5.1%	3	0.76	117
$138.00	Aug 21	18.75	19.75	$19.25	5.2%	2	0.78	47

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.21, cheapest $0.21)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$128.00	Jul 29	0.19	0.23	$0.21	19.0%	462	0.11	217

PUTS (0)

No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 341 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$101.00	Jul 29	19.50	20.35	$19.93	4.3%	210	1.00	41
$105.00	Jul 29	15.50	16.35	$15.93	5.3%	84	1.00	106
$98.00	Jul 29	22.10	23.50	$22.80	6.1%	168	1.00	15
$99.00	Jul 29	21.20	22.35	$21.78	5.3%	165	1.00	12
$100.00	Jul 29	19.20	21.40	$20.30	10.8%	29	1.00	14

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$134.00	Jul 29	12.75	14.80	$13.78	14.9%	10	1.00	200
$135.00	Jul 29	13.70	15.85	$14.77	14.6%	36	1.00	219
$136.00	Jul 29	14.70	16.95	$15.83	14.2%	8	1.00	47
$137.00	Jul 29	15.70	17.95	$16.83	13.4%	5	1.00	103
$138.00	Jul 29	16.70	19.00	$17.85	12.9%	5	1.00	118

Most actively traded options today. High liquidity = easy entry/exit. 637 active (total vol 82.0K, top 5.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$129.00	Jul 31	0.69	0.98	$0.84	34.5%	5.9K	0.19	5.3K
$130.00	Jul 31	0.63	0.78	$0.71	21.1%	2.5K	0.16	11.6K
$124.00	Jul 29	0.55	1.04	$0.80	61.2%	1.7K	0.27	225
$125.00	Jul 31	1.35	1.77	$1.56	26.9%	1.6K	0.32	5.1K
$127.00	Jul 29	0.22	0.41	$0.32	59.4%	1.2K	0.13	393

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$120.00	Aug 5	3.75	4.20	$3.98	11.3%	4.2K	0.46	5.2K
$118.00	Jul 31	1.38	2.03	$1.70	38.2%	3.2K	0.33	8.6K
$100.00	Aug 14	0.25	0.34	$0.30	30.0%	2.4K	0.05	445
$120.00	Jul 29	1.18	1.55	$1.37	27.0%	1.6K	0.41	563
$100.00	Aug 21	0.39	0.50	$0.45	24.4%	1.5K	0.06	5.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 114 strikes (avg 68.7%, max 211.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$100.00	Jul 29	Sep 4	132.1%	48.1%	174.5%	31	24
$103.00	Jul 29	Aug 21	135.8%	49.5%	174.1%	4	62
$102.00	Jul 29	Aug 28	129.0%	49.1%	162.4%	193	65
$104.00	Jul 29	Aug 21	124.4%	50.5%	146.4%	8	72
$98.00	Jul 29	Aug 7	144.1%	60.6%	137.9%	168	28

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$98.00	Jul 29	Aug 28	144.1%	46.3%	211.4%	3	56
$103.00	Jul 29	Aug 28	136.1%	47.0%	189.6%	60	220
$99.00	Jul 29	Aug 28	138.2%	48.6%	184.3%	2	60
$100.00	Jul 29	Sep 4	132.3%	48.1%	175.0%	76	105
$104.00	Jul 29	Aug 28	124.6%	48.3%	158.0%	13	183

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 356 found (best R:R 26.78, avg 2.75)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$141.00	$143.00	Aug 7	$0.13	$1.87	$0.13	14.38	$141.13
$138.00	$140.00	Sep 4	$0.18	$1.82	$0.18	10.11	$138.18
$140.00	$143.00	Aug 12	$0.29	$2.71	$0.29	9.34	$140.29
$141.00	$142.00	Aug 28	$0.10	$0.90	$0.10	9.00	$141.10
$127.00	$128.00	Jul 29	$0.11	$0.89	$0.11	8.09	$127.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$105.00	$100.00	Aug 5	$0.18	$4.82	$0.18	26.78	$104.82
$106.00	$105.00	Jul 31	$0.10	$0.90	$0.10	9.00	$105.90
$101.00	$100.00	Aug 21	$0.11	$0.89	$0.11	8.09	$100.89
$115.00	$114.00	Jul 29	$0.12	$0.88	$0.12	7.33	$114.88
$112.00	$111.00	Jul 31	$0.12	$0.88	$0.12	7.33	$111.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 465 found (best R:R 37.89, avg 1.54)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$100.00	$107.00	Aug 5	$6.82	$6.82	$0.18	37.89	$106.82
$103.00	$105.00	Aug 14	$1.90	$1.90	$0.10	19.00	$104.90
$102.00	$104.50	Aug 28	$2.35	$2.35	$0.15	15.67	$104.35
$100.00	$102.00	Aug 14	$1.77	$1.77	$0.23	7.70	$101.77
$108.00	$109.00	Aug 5	$0.88	$0.88	$0.12	7.33	$108.88

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$144.00	$142.00	Aug 5	$1.88	$1.88	$0.12	15.67	$142.12
$127.00	$126.00	Jul 29	$0.90	$0.90	$0.10	9.00	$126.10
$135.00	$134.00	Aug 14	$0.90	$0.90	$0.10	9.00	$134.10
$135.00	$134.00	Aug 28	$0.90	$0.90	$0.10	9.00	$134.10
$141.00	$140.00	Aug 28	$0.90	$0.90	$0.10	9.00	$140.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 95 found (avg debit $0.77, cheapest $0.05)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$103.00	Jul 29	Jul 31	$0.05	135.8%	75.1%
$143.00	Jul 29	Jul 31	$0.07	127.5%	91.6%
$100.00	Jul 29	Jul 31	$0.08	132.1%	89.1%
$142.00	Jul 29	Jul 31	$0.08	122.6%	89.8%
$140.00	Jul 29	Jul 31	$0.10	120.4%	86.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$141.00	Jul 29	Jul 31	$0.05	123.3%	89.0%
$108.00	Jul 29	Jul 31	$0.10	94.5%	71.9%
$107.00	Jul 29	Jul 31	$0.11	88.6%	74.9%
$143.00	Jul 29	Jul 31	$0.12	127.5%	91.6%
$106.00	Jul 29	Jul 31	$0.13	94.2%	82.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 332 found (cheapest 2.97% of stock, avg 12.46%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$120.00	Jul 29	$2.21	$1.37	$3.58	$116.42	$123.58	2.97%
$121.00	Jul 29	$1.87	$1.88	$3.75	$117.25	$124.75	3.11%
$119.00	Jul 29	$2.90	$0.93	$3.83	$115.17	$122.83	3.17%
$122.00	Jul 29	$1.45	$2.45	$3.90	$118.10	$125.90	3.23%
$123.00	Jul 29	$1.00	$2.95	$3.95	$119.05	$126.95	3.27%
$118.00	Jul 29	$3.63	$0.65	$4.28	$113.72	$122.28	3.55%
$124.00	Jul 29	$0.80	$3.88	$4.68	$119.32	$128.68	3.88%
$125.00	Jul 29	$0.61	$4.65	$5.26	$119.74	$130.26	4.36%
$116.00	Jul 29	$5.10	$0.37	$5.47	$110.53	$121.47	4.53%
$120.00	Jul 31	$3.33	$2.49	$5.82	$114.18	$125.82	4.82%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 225 found (cheapest 0.71% of stock, avg 7.09%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$126.00	$116.00	Jul 29	$0.49	$0.37	$0.86	$115.14	$126.86
$125.00	$116.00	Jul 29	$0.61	$0.37	$0.98	$115.02	$125.98
$126.00	$117.00	Jul 29	$0.49	$0.50	$0.99	$116.01	$126.99
$125.00	$117.00	Jul 29	$0.61	$0.50	$1.11	$115.89	$126.11
$126.00	$118.00	Jul 29	$0.49	$0.65	$1.14	$116.86	$127.14
$124.00	$116.00	Jul 29	$0.80	$0.37	$1.17	$114.83	$125.17
$125.00	$118.00	Jul 29	$0.61	$0.65	$1.26	$116.74	$126.26
$124.00	$117.00	Jul 29	$0.80	$0.50	$1.30	$115.70	$125.30
$123.00	$116.00	Jul 29	$1.00	$0.37	$1.37	$114.63	$124.37
$126.00	$119.00	Jul 29	$0.49	$0.93	$1.42	$117.58	$127.42

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 162 found (best R:R 13.29, avg credit $1.07)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
98/99	100/102	Aug 28	$1.86	$0.14	13.29	$97.14	$101.86
114/115	116/117	Aug 12	$0.90	$0.10	9.00	$114.10	$116.90
122/123	124/125	Aug 12	$0.90	$0.10	9.00	$122.10	$124.90
115/116	119/120	Aug 5	$0.89	$0.11	8.09	$115.11	$119.89
111/112	118/119	Aug 5	$0.88	$0.12	7.33	$111.12	$118.88
103/104	108/109	Aug 21	$0.88	$0.12	7.33	$103.12	$108.88
109/110	114/115	Sep 4	$0.88	$0.12	7.33	$109.12	$114.88
112/113	120/121	Sep 4	$0.88	$0.12	7.33	$112.12	$120.88
120/121	124/125	Aug 12	$0.87	$0.13	6.69	$120.13	$124.87
108/109	124/125	Sep 4	$0.87	$0.13	6.69	$108.13	$124.87

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 250 found (best R:R 24.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$109.00	$112.00	$115.00	Aug 5	$0.12	$2.88	24.00
$102.00	$103.00	$104.00	Jul 31	$0.05	$0.95	19.00
$107.00	$108.00	$109.00	Jul 31	$0.05	$0.95	19.00
$128.00	$129.00	$130.00	Jul 31	$0.05	$0.95	19.00
$128.00	$129.00	$130.00	Aug 5	$0.05	$0.95	19.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$124.00	$125.00	$126.00	Aug 5	$0.05	$0.95	19.00
$113.00	$114.00	$115.00	Aug 7	$0.05	$0.95	19.00
$126.00	$127.00	$128.00	Aug 28	$0.05	$0.95	19.00
$115.00	$116.00	$117.00	Jul 29	$0.06	$0.94	15.67
$120.00	$121.00	$122.00	Jul 29	$0.06	$0.94	15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 136 found (best net $-1.73, 133 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$135.00	$140.00	1:2	Aug 12	-$0.51	$4.49
$100.00	$110.00	1:2	Sep 4	-$5.73	$4.27
$130.00	$135.00	1:2	Aug 12	-$1.27	$3.73
$140.00	$143.00	1:2	Aug 12	-$0.61	$2.39
$141.00	$143.00	1:2	Aug 7	-$0.47	$1.53

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$139.00	$128.00	1:2	Aug 12	-$1.73	$9.27
$105.00	$100.00	1:2	Sep 4	-$0.09	$4.91
$103.00	$100.00	1:2	Aug 28	-$0.27	$2.73
$108.00	$105.00	1:2	Sep 4	-$1.00	$2.00
$107.00	$105.00	1:2	Aug 5	-$0.22	$1.78

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 184 found (best yield 6.63%, avg 2.09%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$121.00	Sep 4	$8.00	0.53	0.3%	6.63%	6.94%	14	10
$123.00	Sep 4	$6.95	0.49	2.0%	5.76%	7.73%	6	1
$124.00	Sep 4	$6.95	0.47	2.8%	5.76%	8.56%	3	5
$122.00	Aug 28	$6.80	0.49	1.1%	5.64%	6.77%	7	21
$122.00	Sep 4	$6.75	0.50	1.1%	5.60%	6.73%	1	--
$121.00	Aug 21	$6.65	0.52	0.3%	5.51%	5.82%	282	670
$123.00	Aug 28	$6.45	0.47	2.0%	5.35%	7.31%	16	155
$124.00	Aug 28	$6.15	0.46	2.8%	5.10%	7.89%	88	321
$121.00	Aug 28	$6.00	0.51	0.3%	4.97%	5.28%	--	70
$122.00	Aug 21	$5.95	0.50	1.1%	4.93%	6.07%	37	425

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 51,506

Total Puts 49,033

Put/Call Ratio 0.95

Net Difference 2,473

Prior's Put/Call Breakdown

Total Calls 71,053

Total Puts 49,809

Put/Call Ratio 0.70

Net Difference 21,244

Prior 7-Day Put/Call Summary

Total Calls 746,471

Total Puts 374,159

Average Put/Call Ratio 0.53

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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