USO Options Price an $8 Move Into August 21 — Cheaper Than What Oil Has Actually Delivered

United States Oil Fund — ticker USO — here's the read for August 15, 2026. Shares closed near $126.73. The options market is pricing a move of roughly $8 in either direction between now and the August 21 expiration — that's a range of about $118.59 on the low end to $134.87 on the high end. The lean right now is slightly bullish, but it's a fragile bullish. The whole read breaks if USO closes…

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