United States Oil Fund

USOAMEX · USD
148.83USD0.00 (+3.30%)

United States Oil Fund (USO) Implied Volatility Current

USO implied volatility is 51%. IV Rank is 57%, placing current premiums in the middle of their 52-week range.

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Tracking USO implied volatility helps you identify when options premiums on United States Oil Fund are historically cheap or expensive, and where the best trades are hiding. United States Oil Fund implied volatility reflects the market's expectation of future price movement: when USO IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor United States Oil Fund's implied volatility current levels in real time and filter for high-probability trades.

Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For USO, tracking metrics like USO IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on USO signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.

USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.

Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where USO implied volatility sits today versus where it has been. Our scanner ranks United States Oil Fund implied volatility against its historical range, surfaces extremes in USO IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether United States Oil Fund IV is rich or cheap — measure it, then act on it.

Implied Volatility

IV Rank
57.14%IV Rank
Moderate

IV is slightly elevated - premiums are richer, leaning toward sellers.

Implied Volatility (30d)50.87%

IV Rank57.14%

Historical Volatility (30d)40.58%

IV - HV+10.29%

As of September 23, 2026

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Track USO IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.

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