USO - Options Database

USO

United States Oil

$128.93 +1.14%

(7/31 14:01) ◀

Friday, July 31, 2026 (3:00pm)

▶ (7/31 15:19)

◀ 7/31 15:01 ▶

Option Volume

Detail

ℹ

Current (07/31 3:00pm) 96,942

Calls: 66,920 (69%)

Puts: 30,022 (31%)

Prior (07/30) 71,161

Calls: 43,443 (61%)

Puts: 27,718 (39%)

Current vs Prior +36.23%

Calls: +54.04% (Calls)

Puts: +8.31% (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 -38.30%

Calls: -34.79%

Puts: -44.91%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/31 3:00pm) $38.39M

Calls: $31.93M (83%)

Puts: $6.46M (17%)

Prior (07/30) $23.93M

Calls: $17.91M (75%)

Puts: $6.02M (25%)

Current vs Prior +60.46%

Calls: +78.32%

Puts: +7.32%

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 -41.01%

Calls: -38.72%

Puts: -50.19%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/31 3:00pm) 0.45

Prior (07/30) 0.64

Current vs Prior -29.69%

Prior 7-Day Average 0.59

Current vs Prior 7-Day Avg -24.30%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/31 3:00pm) 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 1.09% | 6.09%1.09% | 7.31%12.00% | 17.16%

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

Current vs Prior -67.96% | -16.37%-67.96% | -13.61%-4.71% | -1.89%

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

Current vs 7-Day Avg -69.73% | -13.05%-73.54% | -15.75%-11.86% | -5.45%

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

Current vs 7-Day Eod -67.96% | -16.37%-67.96% | -13.61%-4.71% | -1.89%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 57.95% | 16.74%

Calls: 53.40% | 13.32%

Puts: 62.50% | 20.16%

Prior 14.86% | 27.48%

Calls: 7.58% | 29.16%

Puts: 22.13% | 25.81%

Current vs Prior +289.97% | -39.08%

Prior 7-Day Avg 26.78% | 22.27%

Calls: 26.90% | 18.81%

Puts: 26.65% | 25.72%

Current vs 7-Day Avg +116.38% | -24.82%

Liquidity Expensive

Add Card

🤖 AI Insights

Strong bullish conviction with 83% of dollar volume in calls ($31.93M) vs puts ($6.46M). Elevated premium activity with dollar volume up 60% vs prior. Extreme bullish P/C ratio of 0.45 - heavy call buying (66,920 calls vs 30,022 puts). P/C ratio dropping 30% - sentiment shifting bullish.

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 BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

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
15:00	BULLISH	BULLISH	BULLISH
14:00	BULLISH	BULLISH	BULLISH
13:00	BULLISH	BULLISH	BULLISH
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 192 of results (avg 7.8%, best 1.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$120.00	Jul 31	8.85	9.00	$8.93	1.7%	121	1.00	2.9K
$105.00	Aug 21	24.10	24.75	$24.43	2.7%	2	0.93	858
$130.00	Aug 21	7.15	7.35	$7.25	2.8%	2.3K	0.51	4.2K
$110.00	Aug 21	19.55	20.15	$19.85	3.0%	8	0.89	1.2K
$110.00	Aug 14	19.15	19.80	$19.48	3.3%	6	0.92	80

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$138.00	Sep 4	15.15	15.70	$15.43	3.6%	--	0.59	43
$140.00	Aug 21	14.75	15.35	$15.05	4.0%	3	0.67	65
$137.00	Aug 21	12.60	13.20	$12.90	4.7%	1	0.62	108
$134.00	Sep 11	13.10	13.75	$13.43	4.8%	179	0.53	--
$130.00	Aug 21	7.90	8.30	$8.10	4.9%	81	0.49	671

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.73, cheapest $0.54)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$145.00	Aug 7	0.75	0.88	$0.82	15.9%	840	0.13	5.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$103.50	Aug 28	0.49	0.59	$0.54	18.5%	30	0.06	149
$117.00	Aug 7	0.55	0.66	$0.61	18.0%	62	0.11	131
$106.00	Aug 28	0.65	0.78	$0.72	18.1%	104	0.08	167
$107.00	Aug 28	0.75	0.89	$0.82	17.1%	18	0.09	62
$110.00	Aug 21	0.80	0.97	$0.89	19.1%	98	0.10	2.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 325 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$105.00	Aug 5	23.25	25.10	$24.18	7.7%	6	1.00	3
$106.00	Aug 5	21.60	24.15	$22.88	11.1%	6	1.00	3
$107.00	Aug 5	20.70	23.20	$21.95	11.4%	130	1.00	8
$108.00	Aug 5	19.65	22.15	$20.90	12.0%	132	1.00	8
$110.00	Aug 5	18.25	20.55	$19.40	11.9%	13	1.00	16

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$132.00	Jul 31	2.47	3.65	$3.06	38.6%	34	1.00	67
$133.50	Jul 31	4.25	5.15	$4.70	19.1%	2	1.00	5
$134.00	Jul 31	4.35	5.65	$5.00	26.0%	34	1.00	59
$135.00	Jul 31	6.00	6.40	$6.20	6.5%	67	1.00	155
$135.50	Jul 31	6.10	7.05	$6.57	14.5%	2	1.00	24

Most actively traded options today. High liquidity = easy entry/exit. 607 active (total vol 81.5K, top 6.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Aug 7	0.38	0.58	$0.48	41.7%	6.7K	0.08	7.4K
$130.00	Jul 31	0.03	0.05	$0.04	50.0%	6.2K	0.10	7.5K
$130.00	Aug 7	4.00	4.15	$4.08	3.7%	4.9K	0.48	2.1K
$135.00	Jul 31	0.00	0.03	$0.02	150.0%	2.3K	0.01	3.3K
$130.00	Aug 21	7.15	7.35	$7.25	2.8%	2.3K	0.51	4.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$128.00	Jul 31	0.04	0.06	$0.05	40.0%	2.3K	0.12	126
$115.00	Aug 21	1.65	1.84	$1.75	10.9%	1.6K	0.18	2.3K
$129.00	Jul 31	0.22	0.42	$0.32	62.5%	1.3K	0.53	60
$130.00	Jul 31	1.00	1.20	$1.10	18.2%	954	0.90	3.2K
$125.00	Jul 31	0.01	0.03	$0.02	100.0%	793	0.03	4.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 110 strikes (avg 444.9%, max 1685.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$106.00	Jul 31	Aug 28	940.6%	52.7%	1685.4%	218	165
$152.50	Jul 31	Aug 12	1176.6%	73.7%	1495.7%	22	28
$108.00	Jul 31	Aug 28	690.8%	53.2%	1197.8%	112	342
$105.00	Jul 31	Aug 28	652.4%	54.0%	1109.2%	74	1.3K
$104.00	Jul 31	Aug 21	679.4%	56.9%	1093.7%	93	103

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$106.00	Jul 31	Sep 4	940.6%	54.0%	1640.7%	55	337
$108.00	Jul 31	Sep 4	690.8%	53.2%	1198.2%	100	928
$104.00	Jul 31	Sep 4	679.4%	52.5%	1193.6%	24	432
$105.00	Jul 31	Sep 4	652.4%	54.3%	1101.6%	362	1.6K
$109.00	Jul 31	Sep 4	587.2%	53.1%	1006.2%	74	313

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 364 found (best R:R 10.11, avg 2.49)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$143.00	$144.00	Aug 5	$0.10	$0.90	$0.10	9.00	$143.10
$139.00	$140.00	Aug 7	$0.10	$0.90	$0.10	9.00	$139.10
$144.00	$145.00	Aug 7	$0.10	$0.90	$0.10	9.00	$144.10
$145.00	$146.00	Aug 21	$0.10	$0.90	$0.10	9.00	$145.10
$138.00	$139.00	Aug 5	$0.11	$0.89	$0.11	8.09	$138.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$115.00	$113.00	Aug 12	$0.18	$1.82	$0.18	10.11	$114.82
$115.00	$114.00	Aug 28	$0.10	$0.90	$0.10	9.00	$114.90
$111.00	$110.00	Aug 21	$0.11	$0.89	$0.11	8.09	$110.89
$106.00	$105.00	Sep 4	$0.11	$0.89	$0.11	8.09	$105.89
$110.00	$109.00	Sep 4	$0.11	$0.89	$0.11	8.09	$109.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 448 found (best R:R 37.46, avg 1.39)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$105.00	$110.00	Aug 12	$4.87	$4.87	$0.13	37.46	$109.87
$121.00	$122.00	Aug 5	$0.90	$0.90	$0.10	9.00	$121.90
$105.00	$106.00	Aug 21	$0.88	$0.88	$0.12	7.33	$105.88
$127.00	$128.00	Jul 31	$0.85	$0.85	$0.15	5.67	$127.85
$115.00	$116.00	Aug 7	$0.85	$0.85	$0.15	5.67	$115.85

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$150.00	$145.00	Aug 7	$4.75	$4.75	$0.25	19.00	$145.25
$147.00	$146.00	Jul 31	$0.90	$0.90	$0.10	9.00	$146.10
$154.00	$153.00	Jul 31	$0.90	$0.90	$0.10	9.00	$153.10
$135.00	$134.00	Aug 5	$0.90	$0.90	$0.10	9.00	$134.10
$139.00	$138.00	Aug 28	$0.90	$0.90	$0.10	9.00	$138.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 102 found (avg debit $1.46, cheapest $0.05)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$152.00	Jul 31	Aug 5	$0.11	488.3%	72.3%
$114.00	Jul 31	Aug 5	$0.13	537.5%	63.2%
$154.00	Jul 31	Aug 5	$0.13	746.8%	86.4%
$110.00	Jul 31	Aug 5	$0.17	480.3%	65.0%
$150.00	Jul 31	Aug 5	$0.19	452.8%	74.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$150.00	Jul 31	Aug 5	$0.05	452.8%	74.0%
$110.00	Jul 31	Aug 5	$0.06	480.3%	65.0%
$104.00	Jul 31	Aug 7	$0.08	679.4%	75.3%
$111.00	Jul 31	Aug 5	$0.08	455.3%	64.4%
$113.00	Jul 31	Aug 5	$0.09	569.5%	65.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 317 found (cheapest 0.45% of stock, avg 12.31%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$129.00	Jul 31	$0.26	$0.32	$0.58	$128.42	$129.58	0.45%
$128.00	Jul 31	$1.08	$0.05	$1.13	$126.87	$129.13	0.88%
$130.00	Jul 31	$0.04	$1.10	$1.14	$128.86	$131.14	0.88%
$130.50	Jul 31	$0.08	$1.45	$1.53	$128.97	$132.03	1.19%
$127.00	Jul 31	$1.93	$0.03	$1.96	$125.04	$128.96	1.52%
$131.00	Jul 31	$0.02	$2.06	$2.08	$128.92	$133.08	1.61%
$131.50	Jul 31	$0.02	$2.32	$2.34	$129.16	$133.84	1.81%
$126.00	Jul 31	$2.84	$0.02	$2.86	$123.14	$128.86	2.22%
$132.00	Jul 31	$0.01	$3.06	$3.07	$128.93	$135.07	2.38%
$132.50	Jul 31	$0.05	$3.20	$3.25	$129.25	$135.75	2.52%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 205 found (cheapest 0.07% of stock, avg 9.05%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$130.00	$128.00	Jul 31	$0.04	$0.05	$0.09	$127.91	$130.09
$130.50	$128.00	Jul 31	$0.08	$0.05	$0.13	$127.87	$130.63
$134.50	$128.00	Jul 31	$0.10	$0.05	$0.15	$127.85	$134.65
$129.00	$128.00	Jul 31	$0.26	$0.05	$0.31	$127.69	$129.31
$152.50	$128.00	Jul 31	$1.07	$0.05	$1.12	$126.88	$153.62
$134.00	$125.00	Aug 5	$1.85	$1.78	$3.63	$121.37	$137.63
$133.00	$125.00	Aug 5	$2.20	$1.78	$3.98	$121.02	$136.98
$134.00	$126.00	Aug 5	$1.85	$2.27	$4.12	$121.88	$138.12
$132.00	$125.00	Aug 5	$2.38	$1.78	$4.16	$120.84	$136.16
$133.00	$126.00	Aug 5	$2.20	$2.27	$4.47	$121.53	$137.47

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 213 found (best R:R 9.00, avg credit $1.23)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
110/111	130/130	Sep 4	$0.90	$0.10	9.00	$110.10	$130.90
115/116	123/124	Aug 12	$0.89	$0.11	8.09	$115.11	$123.89
122/126	130/134	Sep 11	$3.56	$0.44	8.09	$122.44	$134.06
111/112	117/118	Aug 12	$0.88	$0.12	7.33	$111.12	$117.88
116/117	122/123	Aug 12	$0.87	$0.13	6.69	$116.13	$122.87
112/113	127/128	Sep 4	$0.87	$0.13	6.69	$112.13	$127.87
111/112	122/123	Aug 12	$0.86	$0.14	6.14	$111.14	$122.86
115/116	118/120	Aug 12	$1.72	$0.28	6.14	$114.28	$119.72
111/112	115/117	Aug 12	$1.70	$0.30	5.67	$110.30	$116.70
121/122	124/125	Aug 12	$0.85	$0.15	5.67	$121.15	$124.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 219 found (best R:R 49.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$110.00	$115.00	$120.00	Sep 4	$0.10	$4.90	49.00
$110.00	$111.00	$112.00	Aug 21	$0.05	$0.95	19.00
$128.00	$129.00	$130.00	Aug 21	$0.05	$0.95	19.00
$136.00	$137.00	$138.00	Aug 28	$0.05	$0.95	19.00
$126.00	$127.00	$128.00	Jul 31	$0.06	$0.94	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$146.00	$147.00	$148.00	Jul 31	$0.05	$0.95	19.00
$107.00	$108.00	$109.00	Aug 21	$0.05	$0.95	19.00
$116.00	$117.00	$118.00	Aug 28	$0.05	$0.95	19.00
$110.00	$111.00	$112.00	Aug 7	$0.06	$0.94	15.67
$126.00	$127.00	$128.00	Aug 7	$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. 144 found (best net $-0.63, 135 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$146.00	$150.00	1:2	Aug 28	-$2.57	$1.43
$145.00	$150.00	1:2	Sep 11	-$3.58	$1.42
$141.00	$142.00	1:2	Jul 31	$0.00	$1.00
$146.00	$148.00	1:2	Aug 12	-$1.02	$0.98
$149.00	$150.00	1:2	Aug 5	-$0.11	$0.89

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$115.00	$110.00	1:2	Sep 11	-$0.63	$4.37
$108.00	$105.00	1:2	Aug 12	-$0.28	$2.72
$108.00	$106.00	1:2	Aug 5	-$0.03	$1.97
$110.00	$108.00	1:2	Aug 12	-$0.21	$1.79
$115.00	$113.00	1:2	Aug 12	-$0.42	$1.58

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 165 found (best yield 7.79%, avg 2.89%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$129.00	Sep 11	$10.05	0.54	0.1%	7.79%	7.85%	1	--
$130.00	Sep 11	$9.65	0.53	0.8%	7.48%	8.31%	40	1
$129.00	Sep 4	$9.35	0.54	0.1%	7.25%	7.31%	--	36
$130.50	Sep 11	$9.10	0.52	1.2%	7.06%	8.28%	2	--
$130.00	Sep 4	$9.00	0.52	0.8%	6.98%	7.81%	4	45
$129.50	Sep 4	$8.75	0.53	0.4%	6.79%	7.23%	1	100
$131.00	Sep 4	$8.60	0.51	1.6%	6.67%	8.28%	7	51
$130.50	Sep 4	$8.35	0.51	1.2%	6.48%	7.69%	2	14
$134.00	Sep 11	$8.35	0.47	3.9%	6.48%	10.41%	11	--
$129.00	Aug 28	$8.30	0.53	0.1%	6.44%	6.49%	9	186

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 66,920

Total Puts 30,022

Put/Call Ratio 0.45

Net Difference 36,898

Prior's Put/Call Breakdown

Total Calls 43,443

Total Puts 27,718

Put/Call Ratio 0.64

Net Difference 15,725

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
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

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

Add Card