Investors Purchase Large Volume of United States Oil Fund Put Options (USO)

United States Oil Fund LP (NYSE:USO) was the recipient of some unusual options trading activity on Wednesday. Stock traders acquired 192,841 put options on the company. This is an increase of 132% compared to the typical daily volume of 83,075 put options.

United States Oil Fund (NYSE USO) opened at 9.24 on Friday. United States Oil Fund has a 1-year low of $9.16 and a 1-year high of $12.04. The firm has a 50 day moving average of $9.90 and a 200-day moving average of $10.79.

ILLEGAL ACTIVITY NOTICE: “Investors Purchase Large Volume of United States Oil Fund Put Options (USO)” was originally reported by WKRB News and is the property of of WKRB News. If you are viewing this news story on another site, it was illegally copied and republished in violation of international copyright law. The legal version of this news story can be viewed at https://www.wkrb13.com/markets/2229457/investors-purchase-large-volume-of-united-states-oil-fund-put-options-uso.html.

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.

This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2229457/investors-purchase-large-volume-of-united-states-oil-fund-put-options-uso.html

Receive News & Ratings for United States Oil Fund LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Oil Fund LP and related companies with MarketBeat.com's FREE daily email newsletter.

 


Leave a Reply

 
© 2006-2017 WKRB News.