USO Trading Activity 04/29/2020

*As of 04/29/2020*

USO saw net liquidation of 9,788 lots today with June ’20 finally being fully liquidated.  N20, Q20 and U20 all saw positions decline as length was rolled to V20, Z20, and M21 once again.  July continues to hold the largest OI at 50,597 lots (30% of market value).  Aug/Sep/Oct/Dec all now comprise 15% of the total market value with M21 only having 10%.  Total market value as of the close today is $3.20B (137,465 lots).

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