USAR Option Overview

47.32K calls and 26.58K puts traded on Nov 4, 2026, 73.9K contracts in total. Open interest was 576.26K contracts. Over the past 30 days, volume averaged 38.9K contracts per day. The USAR option volume chart shows volume by strike and expiration date.

USA Rare Earth IV rank is 48, so its 30-day implied volatility of 100.5% is near the middle of its one-year range. Over the past year it ranged from 65.9% on Oct 1, 2026 to 137.3% on Feb 12, 2026. See the USAR implied volatility history for a longer view.

The USA Rare Earth put/call volume ratio was 0.56 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.59. The USAR open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for USA Rare Earth options about one week from expiration was $9.86, 20.2% above the $8.20 close. The USAR max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 119.2%, options price a move of about ±$1.35 (±16.5%) over the next week, a range of roughly $6.85 to $9.55 from the Nov 4, 2026 close. The USAR expected move chart shows it for every expiration date.