FMP

FMP

Enter

USOI - Credit Suisse X-Link...

Free cash flow build up of Credit Suisse X-Links Crude Oil Shares Covered Call ETNs(USOI), USOI adds a twist to the crude oil segment by extracting income from oil futures exposure. The ETN p

photo-url-https://financialmodelingprep.com/image-stock/USOI.png

Credit Suisse X-Links Crude Oil Shares Covered Call ETNs

USOI

NASDAQ

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. Therefore, USOI is likely to perform very differently from crude oil futures. USOI aims to distribute yield monthly, typical of an ETN.

77.66 USD

0.4597 (0.592%)

FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep