United States Oil Fund, LP(USO)

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership.

USO iron condor setups USO expected move USO IV rank history USO Fibonacci levels USO insider trading

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.

USO $88.09 —
Snapshot
$88.09
52-Week Range
$65.98 – $163.35
YTD
+27.74%
IV Rank (30D)
100
Straddle Price
$14.58
P/C Vol Ratio
0.27
Info
Industry (SIC)
COMMODITY CONTRACTS BROKERS & DEALERS (6221)
Exchange
ARCX
Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
MonthAvg ReturnYears of Data
Jan -0.52% 20
Feb +1.99% 20
Mar +1.64% 20
Apr +1.40% 21
May +0.65% 21
Jun +2.00% 21
Jul +0.33% 21
Aug -1.34% 21
Sep -0.09% 21
Oct -1.39% 20
Nov -3.29% 20
Dec -1.29% 20
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $148.25
SMA 50: $135.62
SMA 200: $113.22
Current: $148.12
EMA 12: $149.73
EMA 26: $144.93
MACD: 4.7930 | Signal: -1.1972
BULLISH
ADX (14): 25.89
TREND
+DI: 36.03
−DI: 25.64

Momentum Oscillators

RSI (14): 53.76
NEUTRAL
Stoch %K: 42.85
Stoch %D: 40.63
Williams %R: -73.65

Volume & Volatility

BB Upper: $164.57
BB Lower: $131.93
NEUTRAL
OBV: 473,932,065
Vol SMA 20: 6,017,470
Vol ROC: -4.98%
ATR: $5.27
True Range: $5.91
HV 20: 45.6%
HV 30: 42.0%
HV 60: 52.1%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-09-26T00:00:00 – 2026-09-24T00:00:00
AI Analysis

Here is a comprehensive stock analysis report for USO (United States Oil Fund, LP) based on the provided data:

Executive Summary

Overall Assessment: NEUTRAL with confidence level 6/10 Key Drivers and Primary Risks: * Technical indicators suggest a neutral trend, as RSI is overbought but MACD remains bullish. * Recent news headlines are mixed, with no clear catalyst driving the stock price. * Risk assessment suggests high volatility due to negative beta and historical volatility.

Recent News Sentiment Impact: NEUTRAL

Technical Analysis

Trend Direction: * Short-term (1-4 weeks): Neutral, as USO is stuck between SMA 20 and Bollinger Bands upper level. * Medium-term (1-3 months): Bullish, with MACD remaining bullish and trend indicators suggesting a range-bound environment. * Long-term (3-12 months): Bearish, due to negative beta and historical volatility.

Support/Resistance Levels: * SMA 20: $128.06 * Bollinger Bands upper level: $139.19

Momentum Signals: * RSI interpretation: Neutral, as the indicator is overbought but MACD remains bullish. * MACD signal: Bullish, with a strong momentum reading. * Bollinger Bands position: Squeeze, indicating potential breakout or mean reversion.

Volume Analysis: * Volume SMA 20: 4364887.55 * On-Balance Volume (OBV): 460439248.31 * Volume Rate of Change: -42.79%

News & Sentiment Analysis

Recent Headlines Summary: The news headlines are generally neutral, with no clear catalyst driving the stock price.

Sentiment Assessment: NEUTRAL

Catalyst Identification: None

Market Narrative: The market is currently in a range-bound environment, with USO stuck between SMA 20 and Bollinger Bands upper level.

Risk & Volatility Assessment

Risk Interpretation: * Beta: -1.29 (vs SPY), indicating high risk due to negative correlation. * Alpha: 0.94, suggesting moderate outperformance. * Correlation: -0.34, indicating inverse relationship with the market.

  • Volatility Regime: High, based on historical volatility and IV rank.

Options Market Signals: * IV Rank: 100.0% (High), showing historically high volatility. * Current IV: 64.1% * Expected Move: $14.58 (31 DTE)

  • Downside Protection: SMA 20 and Bollinger Bands lower level provide support.

Market Context & Positioning

Sector Performance: USO is trading in line with the energy sector, which has been experiencing a mixed trend.

Institutional Activity: * Volume patterns suggest institutional interest remains moderate.

Correlation Analysis: The stock moves inversely to the market (R-squared interpretation).

Relative Valuation: USO is trading within its historical range, suggesting no clear value or overvaluation.

Key Levels & Action Items

Critical Price Levels: * SMA 20: $128.06 * Bollinger Bands upper level: $139.19

Breakout/Breakdown Levels: * Breakout above Bollinger Bands upper level could trigger a bullish move. * Breakdown below SMA 20 could lead to further declines.

Time-Sensitive Catalysts: No earnings data available, but the options market is pricing in volatility and potential moves around expiration.

Risk Management: Stop-loss levels should be set at SMA 20, with position sizing considering the high risk associated with negative beta.

Generated
News
Options Activity
IV Rank (30D)
100
IV Rank (7D)
100
Avg IV
64.1%
Straddle (30D)
$14.58
Straddle (7D)
$8.97
P/C Volume
0.27
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
-1.35
Correlation (SPY)
-35.3%
R²
0.12
Ann. Volatility
49.5%
SPY Volatility
13.0%

Negative beta - stock moves opposite to market

Beta & Alpha Over Time
Institutional Ownership (13F)
Latest filings — 2026-06-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

185 filers16,978,844 shares$1.70B value
# Filer Shares Value % of Total % of Float Period
1 GOLDMAN SACHS GROUP INC Custodian 6,670,175 $709.97M 41.75% — 2026-06-30
2 MORGAN STANLEY Custodian 3,424,493 $364.50M 21.43% — 2026-06-30
3 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1,100,000 $117.08M 6.88% — 2026-06-30
4 UBS Group AG Custodian 569,929 $60.66M 3.57% — 2026-06-30
5 CIBC Bancorp USA Inc. 550,337 $58.58M 3.44% — 2026-06-30
6 SIMPLEX TRADING, LLC Custodian 490,737 $52.23M 3.07% — 2026-06-30
7 CIBC WORLD MARKET INC. 400,788 $42.66M 2.51% — 2026-06-30
8 BANK OF AMERICA CORP /DE/ Custodian 388,647 $41.37M 2.43% — 2026-06-30
9 Quadrature Capital Ltd 329,759 $35.10M 2.06% — 2026-06-30
10 CITIGROUP INC Custodian 311,726 $33.18M 1.95% — 2026-06-30
11 E Fund Management Co., Ltd. 152,170 $16.20M 0.95% — 2026-06-30
12 MIRAE ASSET SECURITIES (USA) INC. 150,438 $16.01M 0.94% — 2026-06-30
13 Divisadero Street Capital Management, LP 142,500 $15.17M 0.89% — 2026-06-30
14 JANE STREET GROUP, LLC Custodian 99,337 $10.57M 0.62% — 2026-06-30
15 BARCLAYS PLC Custodian 92,918 $9.89M 0.58% — 2026-06-30
16 Cetera Investment Advisers Custodian 74,260 $7.90M 0.46% — 2026-06-30
17 GROUP ONE TRADING LLC Custodian 53,218 $5.66M 0.33% — 2026-06-30
18 ROYAL BANK OF CANADA Custodian 48,438 $5.16M 0.30% — 2026-06-30
19 Marathon Trading Investment Management LLC 42,797 $4.56M 0.27% — 2026-06-30
20 Centiva Capital, LP 39,800 $4.24M 0.25% — 2026-06-30
21 VICTORY CAPITAL MANAGEMENT INC 39,084 $4.16M 0.24% — 2026-06-30
22 Irenic Capital Management LP 38,500 $4.10M 0.24% — 2026-06-30
23 WealthCare Asset Management, LLC 36,274 $3.86M 0.23% — 2026-06-30
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP Custodian 35,068 $3.73M 0.22% — 2026-06-30
25 ENVESTNET ASSET MANAGEMENT INC 34,912 $3.72M 0.22% — 2026-06-30
42 filers$5.00B notional
# Filer Notional Value % of Total Period
1 SUSQUEHANNA INTERNATIONAL GROUP, LLP Custodian $1.64B 32.90% 2026-06-30
2 CITADEL ADVISORS LLC Custodian $777.85M 15.57% 2026-06-30
3 JANE STREET GROUP, LLC Custodian $741.46M 14.84% 2026-06-30
4 IMC-Chicago, LLC Custodian $474.48M 9.50% 2026-06-30
5 GOLDMAN SACHS GROUP INC Custodian $379.60M 7.60% 2026-06-30
6 GROUP ONE TRADING LLC Custodian $274.52M 5.49% 2026-06-30
7 SIMPLEX TRADING, LLC Custodian $199.49M 3.99% 2026-06-30
8 UBS Group AG Custodian $120.54M 2.41% 2026-06-30
9 Defiance ETFs, LLC $114.96M 2.30% 2026-06-30
10 Tidal Investments LLC $61.74M 1.24% 2026-06-30
11 BARCLAYS PLC Custodian $53.22M 1.07% 2026-06-30
12 WOLVERINE TRADING, LLC Custodian $36.18M 0.72% 2025-09-30
13 PEAK6 LLC $30.30M 0.61% 2026-06-30
14 CITIGROUP INC Custodian $15.97M 0.32% 2026-06-30
15 Eisler Capital Management Ltd. $14.72M 0.29% 2025-09-30
16 Centiva Capital, LP $9.57M 0.19% 2026-06-30
17 Belvedere Trading LLC $7.45M 0.15% 2026-06-30
18 GeoSphere Capital Management, LLC $5.32M 0.11% 2026-06-30
19 SoftVest Advisors, LLC $5.32M 0.11% 2026-06-30
20 K2 PRINCIPAL FUND, L.P. $5.32M 0.11% 2026-06-30
21 Jain Global LLC $3.19M 0.06% 2026-06-30
22 Schonfeld Strategic Advisors LLC $3.19M 0.06% 2026-06-30
23 Cavalier Investments, LLC $2.68M 0.05% 2026-06-30
24 SIG BROKERAGE, LP $2.13M 0.04% 2026-06-30
25 Elequin Capital, LP $1.94M 0.04% 2026-06-30
49 filers$5.12B notional
# Filer Notional Value % of Total Period
1 SUSQUEHANNA INTERNATIONAL GROUP, LLP Custodian $2.06B 40.18% 2026-06-30
2 CITADEL ADVISORS LLC Custodian $715.38M 13.98% 2026-06-30
3 JANE STREET GROUP, LLC Custodian $660.49M 12.91% 2026-06-30
4 IMC-Chicago, LLC Custodian $515.44M 10.07% 2026-06-30
5 GROUP ONE TRADING LLC Custodian $274.15M 5.36% 2026-06-30
6 SIMPLEX TRADING, LLC Custodian $234.08M 4.58% 2026-06-30
7 CITIGROUP INC Custodian $186.05M 3.64% 2026-06-30
8 Centiva Capital, LP $83.03M 1.62% 2026-06-30
9 Carrhae Capital LLP $63.52M 1.24% 2026-06-30
10 GOLDMAN SACHS GROUP INC Custodian $51.36M 1.00% 2026-06-30
11 CIBC Bancorp USA Inc. $42.58M 0.83% 2026-06-30
12 WOLVERINE TRADING, LLC Custodian $36.03M 0.70% 2025-09-30
13 BARCLAYS PLC Custodian $31.93M 0.62% 2026-06-30
14 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $21.29M 0.42% 2026-06-30
15 Sagil Capital LLP $21.29M 0.42% 2026-06-30
16 MIRAE ASSET SECURITIES (USA) INC. $15.97M 0.31% 2026-06-30
17 SoftVest Advisors, LLC $15.97M 0.31% 2026-06-30
18 Capula Management Ltd $14.90M 0.29% 2026-06-30
19 Eisler Capital Management Ltd. $14.72M 0.29% 2025-09-30
20 LMR Partners LLP $12.77M 0.25% 2026-06-30
21 Shay Capital LLC $8.52M 0.17% 2026-06-30
22 Portman Square Capital LLP $7.98M 0.16% 2026-06-30
23 Schonfeld Strategic Advisors LLC $6.87M 0.13% 2026-06-30
24 Advisory Services Network, LLC Custodian $4.80M 0.09% 2026-06-30
25 Timothy G. Youngquist 2020 Irrevocable Trust $4.74M 0.09% 2026-06-30
Insider Activity
Latest: 2026-09-17
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-09-17 HRT FINANCIAL LP 10%+ Owner Mixed +26,615 $155.94 $4.09M EDGAR
2026-09-16 HRT FINANCIAL LP 10%+ Owner Mixed +26,865 $156.18 $4.55M EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
Insider Holdings
1 insider · @ $148.12
Officers, directors, and 10%+ owners ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 HRT FINANCIAL LP 10%+ Owner 128,543 $19.04M $8.65M 2 2026-09-17
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
# ETF Provider Weight $ Exposure ETF AUM As Of
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.