USOI

UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037

Investor Moves

Name	Value	Action	Change	Price	Current Price
Ken GriffinCitadel Advisors $-346.2K ExitQ3 2024 $346k -- --
Ken GriffinCitadel Advisors $-346.2K ExitQ3 2024 $346k -- --

News

247wallst.comNot An ETF, Not A Bond, And Definitely Not Boring. Meet USOI247wallst.comMay 19

247wallst.comThis Oil ETN Pays a 21% Yield. Most Investors Don't Realize It's Not an ETF.247wallst.comApr 26

247wallst.comUSOI Harvests Oil Volatility for Monthly Income, but That 6% Cap Costs You Upside247wallst.comApr 14

247wallst.comThese Energy ETFs Yield Over 5%, And Are Perfect For Spiking Energy Prices247wallst.comApr 4

247wallst.comUSOI – Not For The Average Investor Seeking A Crude Oil Play247wallst.comMar 23

Trade USOI

About UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037

USOI presents a distinctive strategy within the crude oil market, aiming to generate revenue from its holdings in oil futures. This Exchange Traded Note mirrors the performance of USO, a widely recognized ETF tracking front-month oil contracts, while simultaneously taking a synthetic short position in USO call options. These options are structured to expire the following month with strike prices set 6% above the current market value. This particular strategy is designed to boost income and reduce price volatility compared to simply holding USO, but it inherently limits the potential for substantial upside gains. Consequently, USOI's performance is anticipated to diverge significantly from that of direct crude oil futures. In line with typical ETN characteristics, USOI intends to distribute its generated income to investors on a monthly basis.

IPO Date: Apr 26, 2017

Market Data

Open: $48.75
High: $49.31
Low: $47.49
Volume: 73.6K
Avg Volume: 96.5K
52W High: $61.30
52W Low: $45.84

Valuation

Market Cap: $293M
Dividend Yield: 20.8%

Financials

Financial statement snapshot is not available yet.

Events

DividendJun 22

$2.5475