United States Oil (USO)'s 30-day implied volatility (IV30) was 54.4% at the close on October 23, 2026, up from 49.5% the day before, against a 52-week range of 26.5% to 128.6%. Its 20-day historical volatility was 42.5%.
Key numbers
30-day implied volatility (IV30): 54.4%
IV30 52-week range: 26.5% to 128.6% (median 47.4%)
Historical volatility: 20-day 42.5%, 1-year 48.0%
Implied move by the nearest expiration: ±2.6%
Data as of October 23, 2026.
USO Implied Volatility (IV) vs Historical Volatility (HV)
The USO IV term structure shows the implied volatility difference between different maturity dates.