UCO Most Active Options

The 25 most actively traded UCO option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$34.52
52-week range
$18.19 – $51.62
ATM IV (30d)
70.0%
IV rank
7 / 100
Low
Expected move
±$3.35 (±9.7%)
Put/call OI
0.52
Call-heavy
Max pain
$35
↑ 1.4% above close

Most Active UCO Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
UCO $34 put Jul 17, 2026 7d $1.10 72.2% 74 -0.40 535 1,031 3.7× avg
UCO $40 call Jul 17, 2026 7d $0.35 88.3% 65 0.14 3,517 305 1.0× avg
UCO $35 call Jul 17, 2026 7d $1.20 70.0% 6 0.48 9,282 294 1.1× avg
UCO $37 call Jul 17, 2026 7d $0.59 77.6% 33 0.29 1,094 235 0.8× avg
UCO $36 call Jul 17, 2026 7d $0.89 73.5% 30 0.38 481 222 0.8× avg
UCO $38 call Jul 17, 2026 7d $0.46 84.1% 52 0.23 722 99 0.3× avg
UCO $35 call Aug 21, 2026 42d $3.20 67.4% 35 0.54 5,702 90 1.0× avg
UCO $40 call Aug 21, 2026 42d $1.75 77.1% 59 0.34 1,221 68 0.4× avg
UCO $50 call Aug 21, 2026 42d $0.85 89.0% 41 0.15 569 68 0.8× avg
UCO $34 call Jul 17, 2026 7d $1.66 69.9% 0 0.60 729 65 0.8× avg
UCO $35 put Jul 17, 2026 7d $1.50 60.6% 0 -0.52 2,409 61 0.9× avg
UCO $38 call Aug 21, 2026 42d $2.15 75.0% 52 0.41 71 59 0.4× avg
UCO $30 put Jul 17, 2026 7d $0.10 71.4% 12 -0.06 984 55 0.9× avg
UCO $33 put Aug 21, 2026 42d $2.34 67.9% 36 -0.36 495 53 1.8× avg
UCO $34 call Aug 21, 2026 42d $3.40 66.5% 35 0.59 489 41 1.0× avg
UCO $36 call Aug 21, 2026 42d $2.95 67.8% 36 0.49 139 40 0.4× avg
UCO $30 call Aug 21, 2026 42d $5.87 86.9% 100 0.74 51 35 3.5× avg
UCO $31 put Jul 17, 2026 7d $0.20 68.1% 0 -0.11 847 35 0.6× avg
UCO $49 call Oct 16, 2026 98d $1.67 79.5% 75 0.27 91 34 3.0× avg
UCO $46 put Oct 16, 2026 98d $13.40 76.6% 38 -0.69 64 30 23.4× avg
UCO $47 put Oct 16, 2026 98d $13.90 74.8% 35 -0.71 66 30 23.4× avg
UCO $47 put Jan 15, 2027 189d $15.00 70.4% 28 -0.62 122 30 23.4× avg
UCO $50 call Jul 17, 2026 7d $0.05 157.4% 7 0.06 3,594 27 1.5× avg
UCO $31 put Aug 21, 2026 42d $1.35 66.0% 45 -0.26 11 26 0.5× avg
UCO $37 call Aug 21, 2026 42d $2.50 81.2% 72 0.47 367 25 0.1× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active UCO contract today is the $34 put expiring in 7 days, with 1,031 contracts traded. Calls dominate the most-active list (16 of the top 25), showing where trading interest concentrates. One of these contracts is running well ahead of the usual daily volume.

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UCO Options FAQ

Which UCO option contract is most active today?

The most traded UCO contract is the $34 put expiring Jul 17, 2026, with 1,031 contracts traded as of Jul 10, 2026.

How does OptiView rank the most active UCO options?

The table lists the 25 UCO contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.