United States Oil Fund, LP (USO)Commodities Focused | Exchange Traded Fund | NYSEArca
129.70 USD
-0.31
(-0.238%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 128.45 -1.25 (-1.250%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:36 a.m. EDT
The United States Oil Fund is currently trapped in a volatile consolidation pattern, oscillating between geopolitical fear and commodity strength. While the underlying oil prices have rallied recently, the fund itself remains structurally capped by its 2020 crash lows, resulting in a flat long-term trajectory despite the sector's recent gains. This disconnect makes it a poor buy-and-hold vehicle, as the asset has failed to recover its historical value over the last decade. For the short term, the options market is telling a story of uncertainty: heavy put writing suggests traders fear a snap-back to lower levels, yet the surge in call volume at extreme strikes indicates a belief that a geopolitical shock could send prices soaring. With zero dividends and a P/E that implies a premium for a commodity with no earnings, the only play here is tactical trading around the $120-$135 range, avoiding the trap of expecting a linear recovery. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.091574 |
| AutoETS | 0.091577 |
| MSTL | 0.095970 |
| AutoTheta | 0.101031 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 0.12 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.423 |
| Excess Kurtosis | -0.95 |
| Attribute | Value |
|---|---|
| Trailing P/E | 39.24 |
As of Aug. 22, 2026, 3:36 a.m. EDT: Speculators are aggressively positioning for a downside gap fill, evidenced by massive open interest walls in the $80-$120 range on both sides, creating a tight squeeze zone. However, there is significant new volume flowing into deep out-of-the-money calls ($170-$200) with elevated implied volatility, suggesting a hedge against a violent spike or a speculative bet on a breakout above the $135 resistance. The market is pricing in high volatility (IV > 50%) rather than a specific directional outcome.
| Attribute | Value |
|---|---|
| All Time High | 953.36 |
| All Time Low | 16.88 |
| Ask | 128.0 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 4,108,130 |
| Average Daily Volume3 Month | 6,084,433 |
| Average Volume | 6,084,433 |
| Average Volume10Days | 4,108,130 |
| Beta3 Year | 2.28 |
| Bid | 128.05 |
| Bid Size | 300 |
| Book Value | 69.097 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 130.14 |
| Day Low | 128.0 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 3.305 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 120.6594 |
| Fifty Day Average Change | 9.040596 |
| Fifty Day Average Change Percent | 0.07492658 |
| Fifty Two Week Change Percent | 69.37207 |
| Fifty Two Week High | 154.08 |
| Fifty Two Week High Change | -24.380005 |
| Fifty Two Week High Change Percent | -0.15822951 |
| Fifty Two Week Low | 65.99 |
| Fifty Two Week Low Change | 63.71 |
| Fifty Two Week Low Change Percent | 0.96544933 |
| Fifty Two Week Range | 65.99 - 154.08 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,144,675,800,000 |
| Five Year Average Return | 0.2197648 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.309998 |
| Fullday Change Percent | -0.238441 |
| Fullday Price | 128.45 |
| Fund Family | USCF Investments |
| Fund Inception Date | 1,144,627,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | USO seeks to achieve its investment objective by investing 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. |
| Long Name | United States Oil Fund, LP |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_22357130 |
| Nav Price | 127.842 |
| Net Assets | 1,989,134,080.0 |
| Net Expense Ratio | 0.86 |
| Open | 128.13 |
| Phone | 403-233-9366 |
| Post Market Change | -1.25 |
| Post Market Change Percent | -0.9637626 |
| Post Market Price | 128.45 |
| Post Market Time | 1,787,961,598 |
| Previous Close | 130.01 |
| Price Hint | 2 |
| Price To Book | 1.8770713 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.309998 |
| Regular Market Change Percent | -0.238441 |
| Regular Market Day High | 130.14 |
| Regular Market Day Low | 128.0 |
| Regular Market Day Range | 128.0 - 130.14 |
| Regular Market Open | 128.13 |
| Regular Market Previous Close | 130.01 |
| Regular Market Price | 129.7 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 2,062,922 |
| Shares Outstanding | 119,100,000 |
| Short Name | United States Oil Fund |
| Source Interval | 15 |
| Symbol | USO |
| Three Year Average Return | 0.2151954 |
| Total Assets | 1,989,134,080 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 39.24357 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -12.19567 |
| Trailing Three Month Returns | -12.19567 |
| Triggerable | 1 |
| Two Hundred Day Average | 105.47675 |
| Two Hundred Day Average Change | 24.223244 |
| Two Hundred Day Average Change Percent | 0.2296548 |
| Type Disp | ETF |
| Volume | 2,062,922 |
| Yield | 0.0 |
| Ytd Return | 86.63821 |