USL (United States 12 Month Oil Fund, LP)

Historical IV Rank & Volatility Regime

IV Rank measures where USL's current 30-day implied volatility sits in its trailing 90-day distribution (0% = lowest in 90 days, 100% = highest). It's the most reliable signal for whether options on USL are priced rich or cheap relative to its own recent regime.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

USL IV Rank Summary
Current
76%
Elevated — premium selling regime
30-Day Avg
46%
60-Day Avg
45%
90-Day Avg
38%
90-Day Low
2%
90-Day High
100%
IV Rank is bounded 0%–100% by construction. Sustained levels above 75% historically precede mean reversion in USL's implied vol; sustained sub-25% readings often coincide with low-realized regimes ahead of catalyst events. See the Vol Arb Screener for symbols where current IV rank diverges most from realized volatility.
USL IV Rank — Last 90 Trading Days
DateIV RankAvg IV
20260302 76% 0.6%
20260227 68% 0.6%
20260226 97% 0.7%
20260225 46% 0.5%
20260224 52% 0.5%
20260223 100% 0.7%
20260221 47% 0.5%
20260220 43% 0.5%
20260219 45% 0.5%
20260218 40% 0.5%
20260217 37% 0.4%
20260213 29% 0.4%
20260212 32% 0.4%
20260211 19% 0.4%
20260210 30% 0.4%
20260209 21% 0.4%
20260206 42% 0.5%
20260205 21% 0.4%
20260204 83% 0.6%
20260203 50% 0.5%
20260202 54% 0.5%
20260130 54% 0.5%
20260129 61% 0.5%
20260128 42% 0.5%
20260127 43% 0.5%
20260126 36% 0.4%
20260123 42% 0.5%
20260122 15% 0.3%
20260121 12% 0.3%
20260120 41% 0.5%
20260116 32% 0.4%
20260115 35% 0.4%
20260114 24% 0.4%
20260113 38% 0.4%
20260112 7% 0.3%
20260109 30% 0.4%
20260108 12% 0.3%
20260107 20% 0.4%
20260106 40% 0.5%
20260105 6% 0.3%
20260102 95% 0.7%
20251231 93% 0.7%
20251230 87% 0.7%
20251229 80% 0.6%
20251226 79% 0.6%
20251224 52% 0.5%
20251223 64% 0.6%
20251222 40% 0.5%
20251219 49% 0.5%
20251218 54% 0.5%
20251217 53% 0.5%
20251216 48% 0.5%
20251215 50% 0.5%
20251212 38% 0.4%
20251211 41% 0.5%
20251210 40% 0.5%
20251209 35% 0.4%
20251208 40% 0.5%
20251205 19% 0.4%
20251204 25% 0.4%
20251203 45% 0.5%
20251202 56% 0.5%
20251201 26% 0.4%
20251128 17% 0.4%
20251126 44% 0.5%
20251125 33% 0.4%
20251124 33% 0.4%
20251121 33% 0.4%
20251120 34% 0.4%
20251119 28% 0.4%
20251118 25% 0.4%
20251117 3% 0.3%
20251114 8% 0.3%
20251113 16% 0.3%
20251112 19% 0.4%
20251111 2% 0.3%
20251110 3% 0.3%
20251107 12% 0.3%
20251106 18% 0.4%
20251105 55% 0.5%
20251104 34% 0.4%
20251103 29% 0.4%
20251031 15% 0.3%
20251030 28% 0.4%
20251029 24% 0.4%
20251028 29% 0.4%
20251027 28% 0.4%
20251024 30% 0.4%
20251023 26% 0.4%
20251022 14% 0.3%