Volatility Strike Skew — USO
Data as of
Volume-weighted call and put implied volatility per strike for the chosen expiration, with option volume bars.
DATA IS DELAYED — showing Oct 20, 2026. Subscribe to get the latest end-of-day data.
IV QuoteOption ChainPrice History10 Day SnapshotStrike PeggerVolatility SkewTrade Finder
On Oct 20, 2026, USO options across all expirations averaged 48.7% implied volatility for calls and 55.5% for puts (volume-weighted): puts trade 6.8 points above calls, the usual downside skew.
| Strike | Volume | Call IVol | Put IVol |
|---|---|---|---|
| All | 202,291 | 48.7% | 55.5% |
| 126.00 | 123 | 59.4% | 73.3% |
| 126.50 | 114 | 98.3% | 120.7% |
| 127.00 | 248 | 59.6% | 73.9% |
| 127.50 | 59 | 95.4% | 115.0% |
| 128.00 | 375 | 49.2% | 77.6% |
| 128.50 | 63 | 92.6% | 106.7% |
| 129.00 | 906 | 51.9% | 80.6% |
| 129.50 | 39 | 89.7% | 100.5% |
| 130.00 | 25,402 | 48.3% | 71.8% |
| 130.50 | 42 | - | 104.8% |
| 131.00 | 763 | 49.1% | 70.1% |
| 132.00 | 667 | 49.9% | 63.5% |
| 133.00 | 1,052 | 49.8% | 71.3% |
| 134.00 | 1,513 | 49.1% | 65.5% |
| 135.00 | 3,235 | 45.0% | 52.4% |
| 136.00 | 720 | 44.9% | 56.5% |
| 137.00 | 610 | 53.5% | 62.3% |
| 138.00 | 2,017 | 50.5% | 52.3% |
| 139.00 | 821 | 48.2% | 61.9% |
| 139.50 | 55 | - | 77.8% |
| 140.00 | 17,763 | 49.2% | 55.4% |
| 140.50 | 81 | - | 69.3% |
| 141.00 | 502 | 45.7% | 55.2% |
| 141.50 | 76 | 56.3% | 70.9% |
| 142.00 | 1,315 | 48.1% | 52.7% |
| 142.50 | 61 | 53.7% | 73.8% |
| 143.00 | 1,446 | 47.4% | 51.8% |
| 143.50 | 55 | 44.4% | 72.8% |
| 144.00 | 1,041 | 48.3% | 56.3% |
| 144.50 | 147 | 48.7% | 60.7% |
| 145.00 | 9,094 | 56.3% | 59.7% |
| 145.50 | 227 | 43.7% | 49.8% |
| 146.00 | 599 | 38.3% | 55.8% |
| 146.50 | 419 | 44.2% | 48.6% |
| 147.00 | 1,062 | 45.6% | 48.9% |
| 147.50 | 217 | 45.1% | 47.4% |
| 148.00 | 1,419 | 44.6% | 51.7% |
| 148.50 | 378 | 43.6% | 46.9% |
| 149.00 | 1,184 | 46.4% | 51.7% |
| 149.50 | 305 | 44.9% | 47.0% |
| 150.00 | 14,046 | 46.4% | 49.2% |
| 151.00 | 2,120 | 43.2% | 51.1% |
| 152.00 | 2,289 | 46.0% | 48.7% |
| 152.50 | 398 | 45.1% | 46.9% |
| 153.00 | 2,341 | 46.7% | 49.3% |
| 154.00 | 2,465 | 42.9% | 48.4% |
| 155.00 | 16,886 | 45.5% | 47.3% |
| 156.00 | 3,429 | 47.7% | 47.6% |
| 157.00 | 3,710 | 48.0% | 47.6% |
| 157.50 | 599 | 43.9% | 48.2% |
| 158.00 | 5,881 | 50.2% | 47.7% |
| 159.00 | 4,266 | 47.1% | 47.4% |
| 160.00 | 13,276 | 47.4% | 46.8% |
| 161.00 | 3,408 | 47.8% | 49.5% |
| 162.00 | 5,295 | 48.1% | 48.0% |
| 162.50 | 1,146 | 47.8% | 48.2% |
| 163.00 | 2,547 | 47.6% | 48.2% |
| 164.00 | 2,346 | 47.5% | 49.8% |
| 165.00 | 13,204 | 46.9% | 48.5% |
| 166.00 | 1,547 | 48.0% | 47.4% |
| 167.00 | 1,753 | 48.2% | 50.8% |
| 167.50 | 337 | 47.8% | 50.8% |
| 168.00 | 945 | 49.0% | 45.2% |
| 169.00 | 1,437 | 46.5% | 47.7% |
| 170.00 | 8,779 | 49.2% | 49.2% |
| 171.00 | 638 | 48.8% | 51.5% |
| 172.00 | 433 | 49.2% | 50.6% |
| 172.50 | 192 | 51.3% | 36.3% |
| 173.00 | 96 | 49.8% | 55.6% |
| 174.00 | 395 | 55.9% | - |
| 175.00 | 1,883 | 53.1% | 60.1% |
| 176.00 | 31 | 54.7% | 82.1% |
| 177.00 | 42 | 54.6% | 82.0% |
| 177.50 | 27 | 55.9% | 87.4% |
| 178.00 | 169 | 57.1% | - |
| 179.00 | 23 | 60.0% | 89.7% |
| 180.00 | 5,486 | 52.0% | 49.7% |
| 181.00 | 44 | 54.2% | - |
| 182.00 | 2 | 55.8% | - |
| 182.50 | 1 | 56.7% | - |
| 183.00 | 5 | 56.2% | - |
| 184.00 | 1 | 56.9% | - |
| 185.00 | 950 | 60.2% | 48.9% |
| 188.00 | 1 | 59.2% | - |
| 189.00 | 1 | 61.1% | - |
| 190.00 | 772 | 57.9% | 48.4% |
| 191.00 | 5 | 44.9% | - |
| 192.00 | 1 | 61.2% | - |
| 192.50 | 5 | 61.5% | - |
| 193.00 | 6 | 62.2% | - |
| 194.00 | 2 | 53.8% | - |
| 195.00 | 415 | 53.8% | 94.5% |