USOI Stock Summary and Trading Ideas (UBS Ag Etracs Crude Oil Shares Covered Call ETN | NASDAQ:USOI)

The exchange traded notes ("ETNs") are designed for investors who seek a return linked to the performance of the price return version of the Credit Suisse Nasdaq WTI Crude Oil FLOWS 106 Index (the "Index"). The Index measures the return of a "covered call" strategy on the shares of the United States Oil Fund (the "Oil Fund", and such shares the "Reference Oil Shares") by reflecting changes in the price of the Reference Oil Shares and the notional option premiums received from the notional sale of monthly call options on the Reference Oil Shares less the Notional Transaction Costs incurred in connection with the implementation of the covered call strategy.

UBS Ag Etracs Crude Oil Shares Covered Call ETN trades on the NASDAQ stock market under the symbol USOI.

As of January 23, 2025, USOI stock price declined to $65.18 with 52,929 million shares trading.

USOI has a beta of 0.57, meaning it tends to be less sensitive to market movements. USOI has a correlation of 0.13 to the broad based SPY ETF.

USOI has a market cap of $348.71 million. This is considered a Small Cap stock.

In the last 3 years, USOI traded as high as $118.00 and as low as $62.15.

USOI has underperformed the market in the last year with a price return of +11.3% while the SPY ETF gained +27.6%. However, in the short term, USOI had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.1% vs +4.9% return in SPY. But in the last 2 weeks, USOI shares have been beat by the market, returning -0.2% compared to an SPY return of +3.4%.

USOI support price is $65.49 and resistance is $66.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that USOI shares will trade within this expected range on the day.