USO Oil ETF
USO IV Rank — are Oil ETF's options cheap or expensive right now?
IV Rank
30
Elevated — lean toward selling
0 · cheap50100 · expensive
Current IV
57%
IV Percentile
47%
52-wk IV high
120%
52-wk IV low
30%
Where current IV sits in its 52-week range
30%120%
Oil ETF's options are currently moderately priced. With an IV Rank of 30, implied volatility sits in the middle of its 1-year range and richer than roughly 47% of the past year. Historically at this level, premium-selling strategies tend to be favored, since elevated IV tends to revert toward its mean.
Suggested play
Cash-secured put / covered call
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for USO →
Other etf names
Frequently asked
What does an IV Rank of 30 mean for USO?
It means Oil ETF's implied volatility is currently in the middle of its past-year range, so its options are moderately priced.
Should I buy or sell USO options at this IV Rank?
Higher IV Rank generally favors selling premium (spreads, strangles, condors), since elevated volatility tends to revert toward its mean.
IV Rank data is 15-minute delayed. Educational information, not investment advice.