USO gamma levels.
Where USO tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- USO $146.72 · up 1.83% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt — biggest level 140 (below price · 6.72 / 4.58% away); ↯ Surge — live flow 149 (above price · 2.28 / 1.55% away); ‖ call wall — ceiling, sticky 151 (above price · 4.28 / 2.92% away); ‖ put wall — floor, slippery 140 (below price · 6.72 / 4.58% away); ⚡ gamma flip 151.86 (above price · 5.14 / 3.50% away); ↘ Reversal 151 (above price · 4.28 / 2.92% away)
- Expected move today ±6.33
- Strikes nearest the money (high to low): 148 positive, 147.5 positive, 147 negative, 146.5 negative, 146 negative, 145 negative
- Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
- Since yesterday's close, positioning grew at 130, 142, 150 and faded at 144, 146.
- Event pricing: the options market prices an unusually large move into 2026-09-25 (±$6.34 by that date, about 2x this board's normal daily move). On single names this is usually an earnings report. Descriptive of the market's own pricing, never a forecast.
- ATM implied volatility 65.4%