USO - Options Database

USO

United States Oil

$128.32 +0.66%

(7/31 11:00) ◀

Friday, July 31, 2026 (12:00pm)

▶ (7/31 13:11)

◀ 7/31 12:01 ▶

Option Volume

Detail

ℹ

Current (07/31 12:00pm) 62,182

Calls: 46,189 (74%)

Puts: 15,993 (26%)

Prior (07/30) 34,418

Calls: 16,272 (47%)

Puts: 18,146 (53%)

Current vs Prior +80.67%

Calls: +183.86% (Calls)

Puts: -11.86% (Puts)

Prior 7-Day Total 1,099,753

Calls: 718,310 (65%)

Puts: 381,443 (35%)

Prior 7-Day Average 157,107

Calls: 102,615 (65%)

Puts: 54,491 (35%)

Current vs Prior 7-Day Avg -60.42%

Calls: -54.99%

Puts: -70.65%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/31 12:00pm) $26.67M

Calls: $23.20M (87%)

Puts: $3.46M (13%)

Prior (07/30) $13.80M

Calls: $10.77M (78%)

Puts: $3.03M (22%)

Current vs Prior +93.19%

Calls: +115.39%

Puts: +14.25%

Prior 7-Day Total $455.56M

Calls: $364.82M (80%)

Puts: $90.75M (20%)

Prior 7-Day Average $65.08M

Calls: $52.12M (80%)

Puts: $12.96M (20%)

Current vs Prior 7-Day Avg -59.03%

Calls: -55.48%

Puts: -73.30%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/31 12:00pm) 0.35

Prior (07/30) 1.12

Current vs Prior -68.95%

Prior 7-Day Average 0.59

Current vs Prior 7-Day Avg -41.56%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/31 12:00pm) 494,143

Calls: 333,045 (67%)

Puts: 161,098 (33%)

Prior (07/30) 480,735

Calls: 325,003 (68%)

Puts: 155,732 (32%)

Current vs Prior +2.79%

Prior 7-Day Total 3,415,589

Calls: 2,196,353 (64%)

Puts: 1,219,236 (36%)

Prior 7-Day Average 487,941

Calls: 313,764 (64%)

Puts: 174,176 (36%)

Current vs Prior 7-Day Avg +1.27%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (07/31) | Next (08/05)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)

Current 1.52% | 6.35%1.52% | 7.82%11.99% | 17.05%

Prior 3.39% | 7.28%3.39% | 8.46%12.60% | 17.49%

Current vs Prior -55.16% | -12.75%-55.16% | -7.57%-4.86% | -2.53%

Prior 7-Day Avg 3.59% | 7.00%4.10% | 8.67%13.62% | 18.15%

Current vs 7-Day Avg -57.64% | -9.28%-62.97% | -9.85%-12.00% | -6.06%

Prior 7-Day Eod 3.39% | 7.28%3.39% | 8.46%12.60% | 17.49%

Current vs 7-Day Eod -55.16% | -12.75%-55.16% | -7.57%-4.86% | -2.53%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 28.88% | 23.17%

Calls: 26.51% | 21.05%

Puts: 31.25% | 25.29%

Prior 14.86% | 27.48%

Calls: 7.58% | 29.16%

Puts: 22.13% | 25.81%

Current vs Prior +94.35% | -15.68%

Prior 7-Day Avg 26.78% | 22.27%

Calls: 26.90% | 18.81%

Puts: 26.65% | 25.72%

Current vs 7-Day Avg +7.84% | +4.06%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($23.20M) vs puts ($3.46M). Elevated premium activity with dollar volume up 93% vs prior. Above-average activity with volume up 81% vs prior. Extreme bullish P/C ratio of 0.35 - heavy call buying (46,189 calls vs 15,993 puts).

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

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
12:00	BULLISH	BULLISH	BULLISH
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

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 68 of results (avg 7.6%, best 2.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$105.00	Aug 21	23.50	24.10	$23.80	2.5%	1	0.92	858
$112.00	Aug 21	17.20	17.95	$17.58	4.3%	--	0.86	324
$110.00	Aug 21	18.90	19.75	$19.33	4.4%	8	0.89	1.2K
$111.00	Aug 21	18.05	18.90	$18.48	4.6%	2	0.87	18.9K
$104.50	Aug 7	23.25	24.40	$23.83	4.8%	--	1.00	20

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$145.00	Jul 31	16.40	17.15	$16.77	4.5%	5	0.99	52
$128.00	Aug 14	6.15	6.45	$6.30	4.8%	3	0.46	24
$135.00	Aug 21	11.55	12.15	$11.85	5.1%	28	0.60	257
$125.00	Aug 21	5.55	5.85	$5.70	5.3%	60	0.40	1.1K
$134.00	Sep 11	13.50	14.30	$13.90	5.8%	116	0.53	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.85, cheapest $0.77)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$140.00	Aug 5	0.80	0.88	$0.84	9.5%	530	0.15	4.3K

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$105.50	Aug 28	0.70	0.85	$0.77	19.5%	57	0.08	158
$106.50	Aug 28	0.79	0.96	$0.88	19.3%	30	0.09	109
$107.00	Aug 28	0.84	1.02	$0.93	19.4%	9	0.10	62

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 319 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$103.00	Jul 31	24.75	26.70	$25.73	7.6%	85	1.00	217
$104.00	Jul 31	23.70	25.45	$24.58	7.1%	42	1.00	50
$105.00	Jul 31	22.70	24.55	$23.63	7.8%	51	1.00	1.2K
$107.00	Jul 31	20.55	22.70	$21.63	9.9%	195	1.00	87
$108.00	Jul 31	19.60	21.75	$20.68	10.4%	20	1.00	329

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$148.00	Jul 31	17.90	20.65	$19.27	14.3%	3	1.00	1
$150.00	Jul 31	19.90	22.40	$21.15	11.8%	38	1.00	37
$151.00	Jul 31	20.90	23.30	$22.10	10.9%	3	1.00	--
$152.00	Jul 31	21.90	24.40	$23.15	10.8%	2	1.00	1
$144.00	Jul 31	13.90	16.45	$15.18	16.8%	1	1.00	13

Most actively traded options today. High liquidity = easy entry/exit. 517 active (total vol 51.8K, top 6.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Aug 7	0.47	0.63	$0.55	29.1%	6.4K	0.09	7.4K
$130.00	Jul 31	0.16	0.21	$0.19	26.3%	3.9K	0.18	7.5K
$130.00	Aug 7	3.80	4.10	$3.95	7.6%	2.4K	0.46	2.1K
$132.00	Aug 7	3.10	3.60	$3.35	14.9%	2.0K	0.40	1.0K
$138.00	Aug 7	1.70	2.00	$1.85	16.2%	1.5K	0.25	1.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$115.00	Aug 21	1.72	2.01	$1.86	15.6%	1.6K	0.19	2.3K
$130.00	Jul 31	1.72	2.16	$1.94	22.7%	812	0.82	3.2K
$129.00	Jul 31	0.94	1.29	$1.12	31.3%	696	0.66	60
$128.00	Jul 31	0.49	0.63	$0.56	25.0%	670	0.43	126
$127.00	Jul 31	0.19	0.28	$0.24	37.5%	568	0.23	358

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 116 strikes (avg 203.0%, max 803.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$106.00	Jul 31	Aug 28	494.5%	55.8%	785.4%	192	165
$104.00	Jul 31	Aug 21	483.5%	55.6%	770.2%	42	103
$152.50	Jul 31	Aug 12	626.2%	74.5%	740.7%	22	28
$107.00	Jul 31	Aug 21	378.9%	55.9%	577.2%	205	194
$108.00	Jul 31	Aug 28	361.8%	54.7%	560.9%	21	342

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$106.00	Jul 31	Sep 4	494.5%	54.7%	803.5%	42	337
$104.00	Jul 31	Sep 4	483.5%	54.7%	783.7%	4	432
$107.00	Jul 31	Sep 4	378.9%	57.9%	553.9%	19	239
$108.00	Jul 31	Sep 4	361.8%	55.8%	548.4%	70	928
$103.00	Jul 31	Sep 4	346.8%	55.6%	523.9%	--	369

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 349 found (best R:R 11.50, avg 2.65)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$143.00	$145.00	Aug 12	$0.16	$1.84	$0.16	11.50	$143.16
$135.00	$136.00	Aug 7	$0.10	$0.90	$0.10	9.00	$135.10
$136.00	$137.00	Aug 7	$0.10	$0.90	$0.10	9.00	$136.10
$142.00	$143.00	Aug 14	$0.10	$0.90	$0.10	9.00	$142.10
$148.00	$149.00	Aug 14	$0.10	$0.90	$0.10	9.00	$148.10

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$104.00	$103.00	Jul 31	$0.10	$0.90	$0.10	9.00	$103.90
$112.00	$111.00	Aug 14	$0.11	$0.89	$0.11	8.09	$111.89
$115.00	$110.00	Aug 12	$0.58	$4.42	$0.58	7.62	$114.42
$111.00	$110.00	Aug 14	$0.12	$0.88	$0.12	7.33	$110.88
$114.00	$113.00	Aug 14	$0.12	$0.88	$0.12	7.33	$113.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 429 found (best R:R 15.67, avg 1.38)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$111.00	$112.00	Aug 14	$0.90	$0.90	$0.10	9.00	$111.90
$117.00	$118.00	Aug 5	$0.88	$0.88	$0.12	7.33	$117.88
$103.00	$104.00	Aug 7	$0.88	$0.88	$0.12	7.33	$103.88
$121.00	$122.00	Jul 31	$0.87	$0.87	$0.13	6.69	$121.87
$114.00	$115.00	Aug 7	$0.87	$0.87	$0.13	6.69	$114.87

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$143.00	$140.00	Aug 5	$2.82	$2.82	$0.18	15.67	$140.18
$140.00	$138.00	Aug 14	$1.85	$1.85	$0.15	12.33	$138.15
$150.00	$145.00	Sep 4	$4.62	$4.62	$0.38	12.16	$145.38
$150.00	$149.00	Aug 5	$0.90	$0.90	$0.10	9.00	$149.10
$143.00	$142.00	Aug 7	$0.90	$0.90	$0.10	9.00	$142.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 108 found (avg debit $1.47, cheapest $0.06)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$109.00	Jul 31	Aug 7	$0.07	306.0%	66.1%
$111.00	Jul 31	Aug 5	$0.07	275.5%	67.5%
$110.00	Jul 31	Aug 5	$0.12	250.4%	68.1%
$113.00	Jul 31	Aug 5	$0.15	210.2%	62.4%
$106.00	Jul 31	Aug 5	$0.20	494.5%	74.6%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$108.00	Jul 31	Aug 5	$0.06	361.8%	74.4%
$116.00	Jul 31	Aug 5	$0.06	287.1%	56.0%
$109.00	Jul 31	Aug 5	$0.08	306.0%	69.8%
$110.00	Jul 31	Aug 5	$0.10	250.4%	68.1%
$107.00	Jul 31	Aug 7	$0.11	378.9%	70.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 308 found (cheapest 1.08% of stock, avg 12.45%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$128.00	Jul 31	$0.83	$0.56	$1.39	$126.61	$129.39	1.08%
$129.00	Jul 31	$0.40	$1.12	$1.52	$127.48	$130.52	1.18%
$127.00	Jul 31	$1.51	$0.24	$1.75	$125.25	$128.75	1.36%
$130.00	Jul 31	$0.19	$1.94	$2.13	$127.87	$132.13	1.66%
$126.00	Jul 31	$2.28	$0.09	$2.37	$123.63	$128.37	1.85%
$130.50	Jul 31	$0.13	$2.46	$2.59	$127.91	$133.09	2.02%
$131.00	Jul 31	$0.08	$2.66	$2.74	$128.26	$133.74	2.14%
$131.50	Jul 31	$0.05	$3.01	$3.06	$128.44	$134.56	2.38%
$125.00	Jul 31	$3.21	$0.05	$3.26	$121.74	$128.26	2.54%
$132.00	Jul 31	$0.02	$3.68	$3.70	$128.30	$135.70	2.88%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 215 found (cheapest 0.10% of stock, avg 8.00%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$131.00	$125.00	Jul 31	$0.08	$0.05	$0.13	$124.87	$131.13
$131.00	$126.00	Jul 31	$0.08	$0.09	$0.17	$125.83	$131.17
$130.50	$125.00	Jul 31	$0.13	$0.05	$0.18	$124.82	$130.68
$130.50	$126.00	Jul 31	$0.13	$0.09	$0.22	$125.78	$130.72
$130.00	$125.00	Jul 31	$0.19	$0.05	$0.24	$124.76	$130.24
$131.00	$116.00	Jul 31	$0.08	$0.18	$0.26	$115.74	$131.26
$130.00	$126.00	Jul 31	$0.19	$0.09	$0.28	$125.72	$130.28
$130.50	$116.00	Jul 31	$0.13	$0.18	$0.31	$115.69	$130.81
$131.00	$127.00	Jul 31	$0.08	$0.24	$0.32	$126.68	$131.32
$130.00	$116.00	Jul 31	$0.19	$0.18	$0.37	$115.63	$130.37

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 154 found (best R:R 13.00, avg credit $1.45)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
127/134	135/140	Sep 11	$6.50	$0.50	13.00	$127.50	$141.50
115/116	120/121	Aug 12	$0.89	$0.11	8.09	$115.11	$120.89
104/105	120/121	Sep 4	$0.89	$0.11	8.09	$104.11	$120.89
127/134	145/150	Sep 11	$6.15	$0.85	7.24	$127.85	$151.15
117/119	124/125	Aug 12	$1.74	$0.26	6.69	$117.26	$125.74
105/106	120/121	Sep 4	$0.87	$0.13	6.69	$105.13	$120.87
106/107	126/127	Sep 4	$0.86	$0.14	6.14	$106.14	$126.86
115/116	122/123	Aug 12	$0.85	$0.15	5.67	$115.15	$122.85
123/124	128/129	Aug 12	$0.85	$0.15	5.67	$123.15	$128.85
106/107	127/128	Sep 4	$0.84	$0.16	5.25	$106.16	$127.84

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 217 found (best R:R 19.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$145.00	$146.00	$147.00	Jul 31	$0.05	$0.95	19.00
$146.00	$147.00	$148.00	Aug 14	$0.05	$0.95	19.00
$144.00	$145.00	$146.00	Aug 28	$0.05	$0.95	19.00
$124.00	$125.00	$126.00	Aug 7	$0.06	$0.94	15.67
$140.00	$141.00	$142.00	Aug 7	$0.06	$0.94	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$142.00	$143.00	$144.00	Aug 7	$0.05	$0.95	19.00
$114.00	$115.00	$116.00	Aug 14	$0.05	$0.95	19.00
$112.00	$113.00	$114.00	Aug 5	$0.06	$0.94	15.67
$127.00	$128.00	$129.00	Aug 12	$0.06	$0.94	15.67
$113.00	$114.00	$115.00	Aug 5	$0.07	$0.93	13.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 149 found (best net $-3.60, 138 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$145.00	$150.00	1:2	Sep 11	-$3.65	$1.35
$146.00	$150.00	1:2	Aug 28	-$2.67	$1.33
$146.00	$148.00	1:2	Aug 12	-$1.09	$0.91
$144.00	$145.00	1:2	Aug 5	-$0.11	$0.89
$146.00	$147.00	1:2	Jul 31	-$0.12	$0.88

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$134.00	$127.00	1:2	Sep 11	-$3.60	$3.40
$108.00	$105.00	1:2	Aug 12	-$0.24	$2.76
$108.00	$106.00	1:2	Aug 5	-$0.01	$1.99
$110.00	$108.00	1:2	Aug 12	-$0.22	$1.78
$127.00	$122.00	1:2	Sep 11	-$3.81	$1.19

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 160 found (best yield 7.21%, avg 2.79%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$130.00	Sep 11	$9.25	0.53	1.3%	7.21%	8.52%	40	1
$130.50	Sep 11	$9.10	0.52	1.7%	7.09%	8.79%	2	--
$129.00	Sep 4	$8.85	0.54	0.5%	6.90%	7.43%	--	36
$129.50	Sep 4	$8.75	0.53	0.9%	6.82%	7.74%	1	100
$130.00	Sep 4	$8.50	0.53	1.3%	6.62%	7.93%	4	45
$130.50	Sep 4	$8.35	0.52	1.7%	6.51%	8.21%	2	14
$131.00	Sep 4	$8.20	0.51	2.1%	6.39%	8.48%	7	51
$134.00	Sep 11	$8.05	0.47	4.4%	6.27%	10.70%	10	--
$129.00	Aug 28	$7.90	0.54	0.5%	6.16%	6.69%	3	186
$131.50	Sep 4	$7.80	0.50	2.5%	6.08%	8.56%	5	8

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 46,189

Total Puts 15,993

Put/Call Ratio 0.35

Net Difference 30,196

Prior's Put/Call Breakdown

Total Calls 16,272

Total Puts 18,146

Put/Call Ratio 1.12

Net Difference -1,874

Prior 7-Day Put/Call Summary

Total Calls 718,310

Total Puts 381,443

Average Put/Call Ratio 0.59

Ratio Trend Falling

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

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📈 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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