USOI
USOI
About UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037
USOI adds a twist to the crude oil segment by extracting income from oil futures exposure. The ETN provides the return of USCF`s popular front-month oil ETF, USO, coupled with a notional short position in USO calls expiring the next month with strike prices 6% out of the money. The strategy adds yield and lowers volatility compared to owning USO outright, but at the cost of upside participation....
About UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037
USOI adds a twist to the crude oil segment by extracting income from oil futures exposure. The ETN provides the return of USCF`s popular front-month oil ETF, USO, coupled with a notional short position in USO calls expiring the next month with strike prices 6% out of the money. The strategy adds yield and lowers volatility compared to owning USO outright, but at the cost of upside participation....
HOLDINGS (Top 20)
This ETF does not hold any stocks listed on the NYSE or NASDAQ exchanges.
Holdings (Top 20)
This ETF does not hold any stocks listed on the NYSE or NASDAQ exchanges.