USO Has a long way down BUT... USO Has a long way down BUT, this all depends on how the "operation" in Iran continues. My analysis shows there is a bull flag on the daily, but there are also several Gaps that have not filled at the bottom. There is also a new gap that I did not log in this publishing that is right where the l
Key stats
About United States Oil Fund
Home page
Inception date
Apr 10, 2006
Structure
Commodities Pool
Replication method
Synthetic
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
United States Commodity Funds LLC
Distributor
ALPS Distributors, Inc.
Identifiers
3
ISIN US91232N2071
USO delivers its exposure to oil using near-term futures. USO gets exposure to oil using derivatives, like several oil ETPs. The fund predominately holds near-month-futures contracts on WTI, rolling into future contracts every month. This method is particularly sensitive to short-term changes in spot prices. USO held front month contracts until April 17, 2020, at which time following leeway in the prospectus, USO changed the exposure from holding specifically front-month contracts to holding predominantly front-month contracts, 30% next month and 15% contracts with further expiry. USO is structured as a commodities pool, so expect a K-1 at tax time. Long-term holders will be taxed on any gains even if they didn't sell shares.
Related funds
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash98.04%
Miscellaneous1.96%
Top 10 holdings
OIL - OUTLOOKPrice is holding above the demand zone, showing stability and buyer presence. This support is keeping structure intact with potential for upside continuation. Ongoing geopolitical tensions can further fuel bullish momentum in oil.
BIAS:
Bullish above demand
SUMMARY:
~ Holding demand zone supports
Crude Awakening: Analyzing USO Amidst Global ConflictOil markets reached a fever pitch this morning. Brent crude surged past the $100 threshold. The United States Oil Fund (USO) reflects this volatility perfectly. Investors now face a complex landscape of risk and reward.
Geopolitics and the Hormuz Bottleneck
Recent reports confirm Iran denied all
OBV Z 4.14 Strong, Price at 98.1% CeilingUSO is a stock-only instrument tracking crude oil with no futures market on this feed and no spot-to-futures ratio to assess. Dollar volume at 4.08B — meaningful institutional participation for an ETF. Price at 98.1% of its annual range, tagged Ceiling, with a 59.2% bounce target at 67.4x Para. The
USO MAR-2026USO is holding above the 108 support/gap zone after a strong impulsive move. Price is still pushing higher, but this area can turn into short-term distribution if buyers fail to absorb supply near 120. The 90 zone remains the main downside reference, while 80 is the deeper structural support.
Upsid
Price at 88.2% of the historical rangeUSO is trading at 118.14 with no futures market — equity spot only. The 52-week range runs from 78.09 to 123.52, placing price at 88.2% of the historical range — upper zone, not yet at the ceiling but well extended from the base.
45 of 112 signals are green against 15 red with strong bull edge at 4
USO — Fear & Greed Hits 69, All MAs Fanning Bullish, But PriceAMEX:USO is trading at 115.75 on the 4H, up over 7% on the day. Let's unpack what the technicals are saying — because this chart is telling two stories at once, and where you stand depends entirely on your timeframe and risk appetite.
The Bullish Case — Moving Average Structure
All four major mo
USO: Extreme Call Pricing Skew🔶 USO – Explosive Gap Up, Extreme 500% Call Skew Appears 🔶
USO, the oil ETF, is experiencing an unusually aggressive move higher.
The market opened today with a massive 8% gap up, continuing the strong upside momentum driven by escalating geopolitical tensions involving Israel, Iran, and the Unite
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
USO trades at 129.83 USD today, its price has risen 3.66% in the past 24 hours. Track more dynamics on USO price chart.
USO net asset value is 124.19 today — it's risen 56.35% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
USO assets under management is 2.51 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
USO price has risen by 57.00% over the last month, and its yearly performance shows a 71.91% increase. See more dynamics on USO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 56.35% over the last month, showed a 76.94% increase in three-month performance and has increased by 64.19% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 56.35% over the last month, showed a 76.94% increase in three-month performance and has increased by 64.19% in a year.
USO fund flows account for 785.35 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
USO invests in cash. See more details in our Analysis section.
USO expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, USO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, USO technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating USO shows the strong buy signal. See more of USO technicals for a more comprehensive analysis.
Today, USO technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating USO shows the strong buy signal. See more of USO technicals for a more comprehensive analysis.
No, USO doesn't pay dividends to its holders.
USO trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
USO shares are issued by The Marygold Cos, Inc.
USO follows the Front Month Light Sweet Crude Oil. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 10, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.









