USO options flow

From the October 21, 2026 session tape · published after the close

USO options traded $60.6M in premium across 2,000 prints on October 21, 2026: 88% in calls and 12% in puts, with 64% in contracts expiring that day. That was 204% of its average session over the prior 19.

$60.6M
Premium
88% / 12%
Calls / puts
64%
Same-day expiry
204%
vs average
19 sessions

USO largest options trades, October 21, 2026

TimeContractSizePricePremium
12:15127C Oct 21512$31.77$1.6M
12:54123C Oct 21447$35.93$1.6M
12:16128C Oct 21511$30.71$1.6M
12:55124C Oct 21442$34.93$1.5M
14:16124C Oct 21305$34.35$1.0M
12:29125C Oct 21309$33.67$1.0M
14:16125C Oct 21307$33.43$1.0M
12:29126C Oct 21309$32.69$1.0M
12:54129C Oct 21303$30.00$909K
12:55130C Oct 21303$28.93$877K
13:21128C Oct 21214$30.27$648K
13:21129C Oct 21214$29.28$627K
13:21135C Oct 21272$23.02$626K
14:42142C Oct 21370$16.55$612K
13:21136C Oct 21271$22.03$597K

The largest single USO print was a 127 call expiring Oct 21 for $1.6M at 12:15 ET.

The busiest strikes by premium were 124 calls ($3.5M), 128 calls ($3.3M), 125 calls ($2.9M), 126 calls ($2.8M).

Last 20 sessions of USO premium, calls vs puts: Oct 15 $28.4M (67% calls) · Oct 16 $55.5M (81% calls) · Oct 19 $50.3M (83% calls) · Oct 20 $51.2M (70% calls) · Oct 21 $60.6M (88% calls).

A large print is a trade, not a verdict: it can be a hedge, a close, or one leg of a spread. Read it next to where dealers are positioned, on the other USO pages.

These are the October 21, 2026 closing numbers. Members see USO's map move live all session.

Common questions

What was USO's unusual options activity on October 21, 2026?

$60.6M in premium across 2,000 prints, 88% calls. The largest print was a 127 call for $1.6M.

Is USO options flow bullish or bearish?

88% of premium was in calls. Premium alone does not show direction: buyers and sellers, hedges and spreads all print the same way.

Is this USO options flow live?

No. This page shows the last completed session, published after the close. Members see the flow as it prints.

Compare: options flow on other tickers

Measured from the closing options book and rebuilt after every close. Nothing on this page is live. Levels are where dealer hedging is concentrated, not targets or forecasts. Not investment advice.