UCO · Option chain

UCO Option Chain

Every listed UCO strike within 25% of spot, across the next 6 expirations — calls and puts side by side with last price, volume and open interest, plus the closing bid and ask.

Open interest and pricing as of the close on 2026-09-03. Recomputed every morning before the open.

Spot

$46.72

Call open interest

27,815

Put open interest

29,242

Put/call (volume)

0.92

1,707 contracts changed hands across these expirations — 888 calls against 819 puts. Calls outtraded puts 1.08 to one.

Sep 18, 202613 days

call OI 7,213 · put OI 11,896

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
11.10	10.50 / 11.20	8	41	36	—	0.05 / 0.20	—	267
10.20	9.50 / 10.20	1	504	37	0.15	0.10 / 0.20	3	1,904
8.90	8.70 / 9.20	6	109	38	—	0.15 / 0.30	—	87
8.30	7.70 / 8.30	12	297	39	0.29	0.05 / 0.40	41	88
7.00	6.80 / 7.40	6	844	40	0.34	0.25 / 0.45	24	1,820
6.12	5.80 / 6.50	7	191	41	0.47	0.20 / 0.55	7	189
5.27	5.00 / 5.60	91	290	42	—	0.35 / 0.75	—	154
4.52	4.20 / 4.70	7	564	43	0.85	0.55 / 0.95	6	2,044
4.30	3.40 / 4.20	1	128	44	1.10	0.90 / 1.30	11	414
3.55	3.10 / 3.50	66	641	45	1.50	1.10 / 1.80	32	1,091
2.60	2.45 / 3.20	14	190	46	1.95	1.70 / 2.15	15	1,035
2.22	2.10 / 2.40	45	289	47	2.42	2.25 / 2.70	7	26
1.80	1.55 / 2.20	26	168	48	2.95	2.85 / 3.30	18	575
1.55	1.25 / 1.85	14	481	49	3.72	3.50 / 4.00	2	1,000
1.24	1.15 / 1.30	111	1,414	50	4.50	4.20 / 4.80	9	1,180
0.45	0.05 / 0.60	17	1,062	55	—	8.40 / 9.00	—	22
A dash means the contract did not trade — not a price of zero.

Oct 16, 202641 days

call OI 10,058 · put OI 9,746

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	11.00 / 11.80	—	72	36	0.55	0.55 / 1.00	1	41
10.53	10.30 / 11.00	2	167	37	—	0.50 / 0.95	—	1,071
9.69	9.30 / 10.00	15	133	38	0.90	0.80 / 1.00	101	62
—	8.60 / 9.40	—	45	39	—	0.80 / 1.45	—	137
8.00	7.90 / 8.30	52	724	40	1.37	1.30 / 1.80	22	1,319
—	7.20 / 8.10	—	150	41	1.65	0.90 / 2.25	2	206
7.50	6.50 / 7.30	5	1,749	42	2.00	1.90 / 2.10	51	141
6.42	5.90 / 6.60	1	224	43	2.43	1.75 / 2.50	9	2,093
5.69	5.50 / 6.20	22	243	44	2.90	2.45 / 3.40	2	67
5.16	4.90 / 5.40	7	733	45	3.40	3.20 / 3.50	31	1,205
4.65	4.00 / 5.00	10	253	46	3.83	3.50 / 4.10	9	1,082
4.50	4.10 / 4.50	96	664	47	4.51	4.10 / 4.70	3	69
3.80	3.40 / 4.10	32	300	48	5.10	4.70 / 5.20	20	60
3.47	3.30 / 4.00	1	128	49	—	5.40 / 6.30	—	1,000
3.20	3.00 / 3.60	49	1,450	50	6.44	6.00 / 6.90	100	1,069
—	2.70 / 3.40	—	129	51	—	6.60 / 7.50	—	55
—	2.35 / 3.30	—	129	52	—	7.40 / 8.20	—	25
2.35	2.10 / 3.10	1	965	53	—	8.10 / 9.00	—	14
—	1.85 / 2.70	—	207	54	—	8.90 / 9.80	—	16
1.95	1.95 / 2.10	7	1,593	55	—	9.80 / 10.50	—	14
A dash means the contract did not trade — not a price of zero.

Jan 15, 2027132 days

call OI 8,133 · put OI 5,847

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
14.00	13.30 / 14.00	3	105	36	2.55	2.00 / 3.10	1	180
13.29	12.40 / 13.50	12	92	37	—	2.55 / 3.10	—	243
12.80	11.80 / 13.30	4	75	38	—	2.50 / 4.10	—	104
—	11.30 / 12.70	—	86	39	—	3.20 / 4.00	—	367
11.40	10.60 / 11.90	2	1,030	40	3.96	3.50 / 4.40	110	257
—	10.00 / 11.60	—	187	41	4.30	3.80 / 5.30	2	146
—	9.40 / 10.50	—	125	42	4.90	4.60 / 5.00	12	1,393
—	8.40 / 10.70	—	121	43	5.40	5.10 / 5.80	2	25
9.03	8.70 / 9.60	1	89	44	—	5.60 / 6.20	—	512
8.56	7.50 / 8.90	64	3,606	45	6.60	6.10 / 6.80	101	1,197
7.50	7.40 / 9.50	1	105	46	—	6.50 / 7.80	—	348
7.97	7.50 / 9.20	15	164	47	—	6.40 / 8.20	—	94
7.40	6.80 / 7.90	12	75	48	—	7.60 / 9.10	—	461
—	6.60 / 7.70	—	18	49	—	8.40 / 9.80	—	36
6.80	6.20 / 6.90	26	1,101	50	—	8.30 / 9.90	—	247
—	5.80 / 6.70	—	54	51	—	9.70 / 11.00	—	—
—	5.60 / 6.40	—	32	52	—	10.40 / 11.50	—	12
—	5.20 / 6.40	—	20	53	—	10.80 / 12.60	—	1
—	5.00 / 6.00	—	115	54	—	11.50 / 13.40	—	2
5.30	5.00 / 5.60	7	878	55	—	12.50 / 13.90	—	212
—	4.40 / 5.40	—	9	56	—	11.90 / 14.80	—	—
—	4.30 / 5.20	—	14	57	—	13.80 / 15.50	—	10
—	3.90 / 5.00	—	32	58	—	14.60 / 16.70	—	—
A dash means the contract did not trade — not a price of zero.

Apr 16, 2027223 days

call OI 35 · put OI 220

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	11.90 / 14.30	—	3	40	—	4.40 / 6.90	—	143
—	11.30 / 13.90	—	3	41	—	4.60 / 7.40	—	2
—	10.90 / 12.80	—	—	42	—	5.10 / 7.90	—	5
—	10.10 / 12.90	—	—	43	—	5.60 / 8.40	—	55
—	10.00 / 12.40	—	20	44	—	6.20 / 8.60	—	1
—	9.90 / 11.50	—	2	45	8.00	7.00 / 8.90	1	10
11.00	9.50 / 11.10	3	4	46	—	7.30 / 9.90	—	4
—	9.10 / 10.80	—	1	47	—	8.40 / 10.50	—	—
—	8.40 / 10.30	—	2	48	—	8.50 / 10.90	—	—
A dash means the contract did not trade — not a price of zero.

Jun 17, 2027285 days

call OI 1,071 · put OI 510

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	15.00 / 17.70	—	26	36	—	3.20 / 6.20	—	19
—	14.50 / 17.00	—	—	37	—	3.20 / 7.10	—	11
15.10	14.50 / 15.80	5	43	38	—	4.00 / 6.90	—	50
—	13.50 / 16.20	—	10	39	6.15	5.40 / 7.60	2	39
—	12.90 / 15.60	—	45	40	—	5.10 / 7.80	—	108
—	11.80 / 15.90	—	18	41	—	6.50 / 7.60	—	22
—	11.40 / 14.80	—	11	42	7.22	6.90 / 8.10	2	38
—	11.70 / 14.50	—	299	43	—	6.70 / 9.40	—	61
12.50	10.50 / 13.50	1	11	44	—	7.10 / 10.10	—	36
—	10.90 / 13.50	—	172	45	9.00	7.20 / 11.20	1	51
—	10.40 / 13.30	—	27	46	—	8.00 / 11.10	—	23
—	9.30 / 12.80	—	7	47	—	9.00 / 11.60	—	16
—	8.90 / 12.40	—	7	48	—	9.80 / 12.20	—	—
—	9.00 / 12.10	—	24	49	—	10.20 / 13.10	—	—
—	8.70 / 11.70	—	307	50	—	10.80 / 13.70	—	8
—	8.40 / 11.30	—	3	51	—	11.50 / 14.00	—	—
—	8.00 / 11.00	—	13	52	—	12.10 / 15.00	—	1
—	7.10 / 10.70	—	9	53	—	12.70 / 15.70	—	—
—	7.20 / 9.90	—	36	55	15.36	13.50 / 17.60	1	27
—	7.00 / 9.40	—	2	56	—	14.60 / 17.40	—	—
—	6.50 / 9.50	—	1	57	—	15.40 / 18.30	—	—
A dash means the contract did not trade — not a price of zero.

Jan 21, 2028503 days

call OI 1,305 · put OI 1,023

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	17.90 / 21.50	—	37	36	—	4.00 / 9.00	—	—
—	16.00 / 20.20	—	35	37	—	6.80 / 8.90	—	4
—	15.50 / 20.50	—	14	38	—	6.20 / 9.40	—	213
—	16.60 / 19.30	—	31	39	—	5.50 / 10.50	—	8
—	14.50 / 19.50	—	49	40	—	6.00 / 11.00	—	85
—	15.40 / 18.30	—	74	41	—	7.60 / 11.50	—	2
—	14.00 / 19.00	—	4	42	—	7.00 / 11.30	—	5
—	13.50 / 17.60	—	9	43	—	7.50 / 11.80	—	9
—	13.40 / 16.90	—	8	44	—	8.00 / 13.00	—	13
—	13.00 / 17.50	—	211	45	—	8.50 / 13.00	—	466
—	13.20 / 16.00	—	66	46	—	10.40 / 13.30	—	2
—	12.70 / 15.80	—	73	47	12.20	11.70 / 13.20	53	76
—	12.50 / 15.20	—	397	48	—	11.50 / 14.40	—	11
—	12.10 / 14.90	—	3	49	—	12.00 / 15.00	—	1
—	11.10 / 14.50	—	42	50	14.10	12.60 / 15.80	5	28
—	10.80 / 14.20	—	10	51	—	13.20 / 16.10	—	1
—	10.50 / 13.80	—	9	52	—	13.70 / 16.70	—	—
—	10.00 / 13.40	—	10	53	—	14.10 / 17.30	—	2
—	9.50 / 13.10	—	15	54	—	14.70 / 18.10	—	30
—	9.60 / 12.30	—	204	55	—	15.40 / 18.60	—	67
—	8.50 / 12.10	—	4	57	—	16.80 / 20.30	—	—
A dash means the contract did not trade — not a price of zero.

How to read this chain

Calls sit on the left, puts on the right, and every row is one strike. The highlighted row is the strike closest to spot. Open interest is the number of contracts still outstanding at that strike — positions that exist right now. Volume is how many traded on the session shown. Open interest builds slowly and marks where positioning has accumulated; volume spikes and marks where attention went today.

Strikes with no open interest and no trades on either side are omitted, and the ladder is trimmed to within 25% of spot — the far wings are almost entirely empty and say nothing about positioning.

More on UCO

UCO options score UCO gamma walls UCO max pain UCO IV rank UCO put/call ratio UCO options flow

Weekly options-market digest

Sundays. What moved this week, what catalysts and earnings drive next week, and which 5-pillar setups stand out.

Free. One email per week. Unsubscribe with one click.

Educational, not investment advice. Options involve risk. Open interest is reported with a one-session lag by OCC, so these levels describe positioning as of the last settled session, not live intraday flow.