United States Oil Fund Sees Unusually Large Options Volume (NYSEARCA:USO)

United States Oil Fund LP (NYSEARCA:USO) was the target of unusually large options trading activity on Thursday. Traders acquired 188,717 call options on the stock. This is an increase of 164% compared to the average daily volume of 71,588 call options.

Trending Headlines about United States Oil Fund

Here are the key news stories impacting United States Oil Fund this week:

• Positive Sentiment: Supply-disruption headlines — a tanker blast and intensified Iran strikes raised fears of chokepoint outages (Strait of Hormuz), lifting crude prices and driving inflows into oil ETFs like USO. Gulf Tanker Blast Jolts Oil; XOM, CVX Slip, USO Climbs
• Positive Sentiment: Broad oil rally — multiple outlets report WTI/Brent surging as the Iran war risk widens, prompting technical momentum toward higher price targets that benefit USO’s NAV and flows. Oil Prices Surge, Stocks Fall on Widening Iran War
• Positive Sentiment: Upgraded price outlook — UBS raised Brent forecasts citing near-closure risks at the Strait of Hormuz, supporting expectations for sustained higher crude prices. UBS raises average Brent price forecasts
• Positive Sentiment: Derivative flow: unusually large call buying in USO — heavy call-option activity shows speculative and hedged bullish positioning that can amplify price moves and fund flows into the ETF.
• Neutral Sentiment: Policy watch — the White House/Treasury is weighing actions (including on oil futures) to combat rising energy costs; any intervention could change volatility or limit rally scope. US weighs oil futures market action to combat rising energy prices
• Neutral Sentiment: Government messaging — Treasury Secretary says markets are “well supplied” and the U.S. will support Gulf trade; such comments can temper panic-driven rallies even as physical risks persist. US Treasury Secretary Bessent says oil market well supplied
• Negative Sentiment: U.S. crude inventories rose unexpectedly, which can cap upside in the near term by easing immediate tightness. U.S. Crude Oil Stockpiles Post Weekly Increase
• Negative Sentiment: Supply mitigation: Venezuelan cargoes and alternative flows are rising, which could partially offset Middle East disruptions over time. Venezuelan Oil Cargoes Are Surging at an Opportune Time
• Negative Sentiment: Analyst caution: some strategists note the current spike is largely war-driven and would reverse without geopolitical risk — a reminder rallies can be volatile and event-dependent. Commodity Strategist: Oil Would Be in the $40s Without Iran War

United States Oil Fund Price Performance

Shares of USO stock opened at $96.31 on Friday. The firm has a fifty day moving average price of $76.08 and a 200-day moving average price of $73.36. United States Oil Fund has a 1 year low of $60.67 and a 1 year high of $98.83. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 19.22 and a beta of 0.40.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Quadrature Capital Ltd raised its stake in United States Oil Fund by 1,005.7% during the second quarter. Quadrature Capital Ltd now owns 342,680 shares of the company’s stock valued at $25,053,000 after purchasing an additional 311,687 shares in the last quarter. Harvest Fund Management Co. Ltd increased its holdings in shares of United States Oil Fund by 33.9% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 239,149 shares of the company’s stock worth $17,030,000 after buying an additional 60,569 shares during the last quarter. Jump Financial LLC raised its position in shares of United States Oil Fund by 67.3% during the 2nd quarter. Jump Financial LLC now owns 131,279 shares of the company’s stock valued at $9,598,000 after buying an additional 52,830 shares in the last quarter. Caption Management LLC bought a new position in shares of United States Oil Fund in the 4th quarter valued at about $5,201,000. Finally, JPMorgan Chase & Co. grew its position in United States Oil Fund by 65.1% in the second quarter. JPMorgan Chase & Co. now owns 66,225 shares of the company’s stock worth $4,842,000 after acquiring an additional 26,102 shares in the last quarter. 67.47% of the stock is owned by hedge funds and other institutional investors.

About United States Oil Fund

United States Oil Fund, LP (USO) is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of USO is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange, that is the near month contract to expire, except when the near month contract is within over two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less USO’s expenses.