AMEX: USO · Real-Time Price · USD
72.80
-0.94 (-1.27%)
At close: Aug 15, 2025, 3:59 PM
72.73
-0.08%
After-hours: Aug 15, 2025, 07:59 PM EDT

USO Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for USO across all expirations is 11,475.16 shares per 1% move, with 365,931.1 from calls and 354,455.94 from puts. The put-call GEX ratio of 0.97 reflects balanced positioning between puts and calls. The highest gamma concentration is at the Sep 19, 25 expiration with 67,777.21 net GEX, which may act as a magnet point for price action. Near-term exposure for Aug 20, 25 suggests possible volatility from negative gamma effects.

USO GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Aug 20, 25 14,817.6 -38,187.22 -23,369.62 2.58
Aug 22, 25 16,980.82 -17,045.18 -64.36 1.00
Aug 27, 25 1,158.14 -492.38 665.76 0.43
Aug 29, 25 20,597.73 -24,114 -3,516.27 1.17
Sep 5, 25 5,464.53 -20,976.87 -15,512.34 3.84
Sep 12, 25 2,756.8 -4,739.26 -1,982.46 1.72
Sep 19, 25 192,122.57 -124,345.36 67,777.21 0.65
Sep 26, 25 4,024.4 -1,386.63 2,637.77 0.34
Oct 17, 25 29,267.5 -55,072.3 -25,804.8 1.88
Dec 19, 25 13,427.7 -8,195.02 5,232.68 0.61
Jan 16, 26 60,926.15 -54,323.83 6,602.32 0.89
Apr 17, 26 0 -2.5 -2.5 n/a
Jan 15, 27 4,387.16 -5,575.39 -1,188.23 1.27