United States Oil Fund (USO) 9400 contracts of May 110 puts trade into WTI Crude oil down 15%

United States Oil Fund (NYSE: USO) 30-day option implied volatility is at 101; compared to its 52-week range of 26 to 128. Call put ratio 1 call to 1 puts with a focus on 9400 contracts of May 110 puts into WTI Crude oil down 15%.

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