--- title: "Trending | USO Surges 5% on Tuesday, Some Call options Soar 3600%" type: "News" locale: "en" url: "https://longbridge.com/en/news/283595982.md" description: "On April 21, Eastern Time, United States Oil Fund LP options saw a total of 282503 contracts traded, with calls accounting for 58% and puts making up 41%." datetime: "2026-04-22T04:14:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283595982.md) - [en](https://longbridge.com/en/news/283595982.md) - [zh-HK](https://longbridge.com/zh-HK/news/283595982.md) --- # Trending | USO Surges 5% on Tuesday, Some Call options Soar 3600% On April 21, Eastern Time, United States Oil Fund LP options saw a total of 282503 contracts traded, with calls accounting for 58% and puts making up 41%. United States Oil Fund LP has 1637717 contracts outstanding, with calls accounting for 40% and puts making up 59%. The top volume gainer was the 127 dollars Call option expiring on April 22, 2026, with 17349 contracts traded. On the news front, Based on recent key news: 1\. April 21, President Trump's comments on the Iran deal led to a drop in crude oil prices, boosting stock futures and causing a surge in USO. The Dow Jones futures rose while oil prices fell. 2\. April 20, the S&P 500 and Nasdaq reached all-time highs, driven by growth in the technology sector. Despite geopolitical news, investors are preparing for major earnings reports this week, including UnitedHealth, Tesla, and Boeing. 3\. April 22, UnitedHealth Group raised its full-year earnings guidance due to unexpected year-over-year growth in the first quarter, leading to a 7% rise in its stock price.Geopolitical tensions and earnings reports drive market volatility. Please note: The chart below does not include options expiring within five days. ![image](https://assets.lbctrl.com/h5hub/optrank/images/2026-04-22/ETF_US_USO_en.png) ### Related Stocks - [USO.US](https://longbridge.com/en/quote/USO.US.md) ## Related News & Research - [US oil prices will exceed Iran wartime high to above $125 as conflict drags on, Kalshi traders say](https://longbridge.com/en/news/284928490.md) - [Iran expected to submit revised peace proposal soon - report](https://longbridge.com/en/news/284412311.md) - [Here's what the next phase of the Iran war oil crisis could look like](https://longbridge.com/en/news/284880516.md) - [U.S. oil prices will exceed Iran wartime high to above $125 as conflict drags on, Kalshi traders say](https://longbridge.com/en/news/284928809.md) - [Oil prices extend gains as US-Iran war deadlock keeps supply off market](https://longbridge.com/en/news/284668164.md)