United States Oil Fund (USO) IV comes as oil prices stabilize

United States Oil Fund (NYSE: USO) 30-day option implied volatility is at 102, compared to a level of 122 from Friday and compared to its 52-week range of 23 to 172 after OPEC production cuts. Call put ratio 3.1 calls to 1 put with focus on April 5 and 5.5 calls.

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