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United States Oil Fund (USO) spreader of 2K contracts of June 150 and July 170 calls as share price up 3%

May 4, 2026 2:16 PM EDT

United States Oil Fund (NYSE: USO) 30-day option implied volatility is at 81; compared to its 52-week range of 26 to 128. Call put ratio 1.2 calls to 1 put with a focus on a spreader of 2K contracts of June 150 and July 170 calls as share price up 3%.



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