United States Oil Fund (USO) volatility flat on $106 oil

United States Oil Fund (NYSE: USO) is recently down 41c to $42.47 in pre-open trading as WTI Crude futures have traded down 0.40% to $106.69 according to Bloomberg. Overall option implied volatility of 31 is near its six-month average according to Track Data, suggesting non-directional price movement.

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