Credit Suisse X-Links Crude Oil Shares Covered Call ETNCredit Suisse X-Links Crude Oil Shares Covered Call ETNCredit Suisse X-Links Crude Oil Shares Covered Call ETN

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

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Key stats

Assets under management (AUM)
‪389.31 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
45.76%
Discount/Premium to NAV
0.1%

About Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Issuer
UBS Group AG
Brand
Credit Suisse
Expense ratio
0.85%
Inception date
Apr 25, 2017
Index tracked
Credit Suisse NASDAQ WTI Crude Oil FLOWS 106 Index
Management style
Passive
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.
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy