2-Apr-2026
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Defiance Oil Enhanced Options Income ETF announces weekly distribution of $0.0968
Seeking Alpha News (Wed, 1-Apr 2:26 PM ET)
The Fund is an actively managed exchange-traded fund ("ETF") that seeks current income while maintaining the opportunity for indirect exposure to the share price of United States Oil Fund, LP ("USO" or the "Underlying ETP"), subject to a limit on potential gains related to increases in the price of USO's shares. While maintaining indirect exposure to the Underlying ETP, the Fund aims to generate additional income from its options investments when USO's share price rises in value, based on the specific put options it sold. USO is an exchange-traded product ("ETP") that generally seeks to replicate the performance of the price of light, sweet crude oil.
Defiance Oil Enhanced Options Income ETF trades on the NASDAQ stock market under the symbol USOY.
As of April 2, 2026, USOY stock price climbed to $9.27 with 653,496 million shares trading.
USOY has a beta of 0.05, meaning it tends to be less sensitive to market movements. USOY has a correlation of 0.00 to the broad based SPY ETF.
USOY has a market cap of $85.05 million. This is considered a Micro Cap stock.
USOY has outperformed the market in the last year with a price return of +21.3% while the SPY ETF gained +18.2%. USOY has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +56.3% and +9.3%, respectively, while the SPY returned -3.6% and -0.6%, respectively.
USOY support price is $8.84 and resistance is $9.33 (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 USOY shares will trade within this expected range on the day.