- Entry
- $121.15
- Now
- $120.05 -0.9%
- Target
- —
- Score
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It seems extremely likely that the oil price will be much lower than the current price in a year or two, let alone 952 days from now, when the furthest out USO options end. I know that funds like USO gradually lose money due to contract rollover, but it seems like that would be beneficial to put options, right? I was thinking it could also be used as a hedge for short/mid-term oil calls, so I wouldn't be completely screwed …
— ORIGINAL POST ·
Are long-term puts on crude oil futures ETF's not an obvious idea?
· r/options
· May 8, 2026