United States Oil Fund (USO) option implied volatility increases into OPEC meeting

United States Oil Fund (NYSE: USO) July call option implied volatility is at 47, August is at 40; compared to its 52-week range of 23 to 247 into two-day OPEC meeting. Call put ratio 1.8 calls to 1 put.

You May Also Be Interested In

• Bessent on Iran: maximum economic pressure means likely not a kinetic restart
• U.S. refiners boost crude oil intake to highest level since 2019
• Microsoft (MSFT) spreader of 2800 contracts of October 455 puts and October 490 calls