Credit Suisse AG - Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) ETF

Credit Suisse AG - Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) ETF Bio


The investment objective of the Credit Suisse X-Links Crude Oil Shares Covered Call ETN seeks to reflect the performance of the Credit Suisse Nasdaq WTI Crude Oil FLOWS 106 Index, which tracks the return of a “covered call” strategy on the shares of United States Oil Fund (USO) by reflecting the price changes of the shares and the option premiums received from the sale of monthly call options on USO shares. Covered-call, or buywrite, options allow an investor to hold a long position in an asset while simultaneously writing, or selling, call options on the same asset. Traders would typically employ a covered-call strategy when they have a neutral view of the markets over the short-term and just gather income from the option premium. Unlike ETFs, ETNs are debt securities issued by financial institutions that promise to pay the return of an index, minus fees and taxes. Therefore, investors are exposed to the credit risk or the possibility the underwriting bank goes bankrupt. The note can be vulnerable if the issuer gets into financial trouble, otherwise known as a default. With an ETN, an investor can lose some or all of their investment if the ETN issuer goes under.

USOI Daily Price Range
USOI 52-Week Price Range
Add USOI to Watchlist
Sign Up

USOI - Live POWR Rating™

Overall POWR Rating

To view USOI's real-time POWR Rating, sign up now.

Access Ratings for Free

USOI ETF Info

Issuer Credit Suisse Group AG
Expense Ratio 0.85%
Underlying Index Credit Suisse Nasdaq WTI Crude Oil FLOWS 106 Index
Asset Class Commodity
Sector Commodity ETFs
Assets Under Management (AUM) 4.57M
Net Asset Value (NAV) $22.85
Options? Yes
Total Holdings N/A
The Top Stocks For 2019

USOI Stock Chart More Charts


USOI Price/Volume Stats

Current price $22.85
Prev. close $22.78
Day low $22.85
Day high $23.10
50-day MA $21.82
200-day MA $25.76
52-week high $33.00
52-week low $18.35
Volume 7,200
Avg. volume 8,686
Dividend yield 7.37%

USOI Top Holdings

Symbol Company % of Total
%
%
%
%
%
%
%
%
%
%

USOI Returns

1-mo -1.08%
3-mo 19.39%
6-mo -18.18%
1-year N/A
3-year N/A
5-year N/A
YTD 22.32%
2018 -24.23%
2017 N/A
2016 N/A
2015 N/A
2014 N/A

USOI Dividends

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...
View All USOI Dividends
Page generated in 0.3327 seconds.