Are long-term puts on crude oil futures ETF’s not an obvious idea?

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. Am I missing something obvious or is this a solid play?