United States 12 Month Oil Fund LP

USLAMEX · USD
56.53USD0.00 (-1.76%)

United States 12 Month Oil Fund LP (USL) Historical Volatility

USL 30-day historical volatility is 25%. This ranks in the 38th percentile of readings over the past year.

Read more

Tracking USL historical volatility helps you see how much United States 12 Month Oil Fund LP's stock price has actually moved over past periods, giving you a baseline to judge whether current option premiums are fair, cheap, or expensive. While implied volatility tells you what the market expects, United States 12 Month Oil Fund LP's HV tells you what really happened. Use our scanner to monitor USL 30 day historical volatility alongside longer lookback windows and spot the moments when realized and implied diverge.

Historical volatility is the annualized standard deviation of an underlying's past returns, typically measured over rolling windows like 10, 20, 30, or 60 days. The USL 30 day historical volatility is one of the most widely watched readings because it balances responsiveness with stability. Comparing United States 12 Month Oil Fund LP's HV to its implied volatility reveals the volatility risk premium — when IV sits well above HV, option sellers tend to have an edge; when HV runs hot relative to IV, buyers may be underpaying for movement.

The United States 12 Month Oil Fund, LP (USL) is an exchange-traded security that is designed to track the daily price movements of West Texas Intermediate ("WTI") light, sweet crude oil. USL issues shares that may be purchased and sold on the NYSE Arca.

Sizing a long premium trade, modeling a covered call, or hunting volatility arbitrage all come back to one question: how much has the stock actually moved? Our scanner puts United States 12 Month Oil Fund LP's historical volatility side-by-side with implied readings across every lookback window, so you can see exactly where USL HV is running hot, cold, or in line. Make the USL 30 day historical volatility — and every other window — work for your edge instead of against it.

IV vs HV
Implied Volatility (IV) vs Historical Volatility (HV) over the past month.

As of September 16, 2026

IV - HV Difference
Difference between IV and HV over time. Positive values indicate IV > HV.

As of September 16, 2026

See how volatility has moved over time

Track USL historical volatility, spot where IV and realized volatility diverge, and find options that are priced in your favor right now.

Start your 14-day free trial