USOI
Credit Suisse X-Links Crude Oil Shares Covered Call ETN
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when ceasefire ends, I'm guessing there will be additional fireworks as Iran responds to US ship seizures. so I guess USOI wasn't a bad bet. then again, it is TACO Tuesday
> Is it not possible that the $7.47 dividend came purely from options trading activity? Unlikely, options trading on USOI is pretty light in general compared to heavy hitter securities, even now during a busy time it's 100k per day. We'd have to see what next month's ex-dividend is.
Also, the USOI ETN documentation states: "The monthly coupon amounts (if any) are variable and dependent on the premium generated by the notional sale of options on the Reference Oil Shares. You will not receive any fixed periodic interest payments on the ETNs. Any coupon amount is uncertain and could be zero." So, are they even returning principal at all? How can we find that out? In the period from February to March oil prices and USO had a lot of up/down activity. Is it not possible that the $7.47 dividend came purely from options trading activity? IDK. I could easily be missing something. What do you think?
if he holds USOI in a tax deferred account, the $7.47 dividend which will be paid this month will not cause an immediate tax liability. ex-div, USOI will need to drop from its current 59 to about 51.50 for this gamble to lose money. but, if for some reason (e.g. a surge in oil prices next week? or next month?) USOI might stay near $59 - or even go up? who knows? GLTA.
I can't stop thinking about USOI and the upcoming dividend. and yet I know this will end badly.
oil down today. USOI currently about $58 / share. USOI will pay out $7.47 on April 27. (ex date is April 22.) that's over 12% in a single month's payment.
I'm doing USOI, which is pretty flaccid, but giant dividend. Free money really
for those into the buy write structured products GLDI: Gold plus covered call overwriting USOI: Oil plus covered call overwriting
Its actually better to take an "opportunity loss" and take a week off enjoy life clear your head so you can sleep then research and plan your next trades. You can't control your emotions if you are stressed. Emotions make for bad trades. size your positions smaller if you feel too much pressure about losses. Learn to read options tables they will tell you the expected move / volatility of a stock. stable ? JNJ Exxon IBM pick a low spot. put your money in enable dividend re-investment and enjoy your life check them each year. Fast Money is both earned and lost. Slightly more risky but you could do TLTW, USOI, and PFFA basically bonds oil and preferred stocks. USOI NAV has taken a beating but that's because oil has been. that won't stay that way forever ... TLTW roughly 16% Dividend not much NAV volatility USOI has been sinking with the Price of OIL but might be a good time to get in about 17% dividend PFFA stable and a 8 percent dividend. 10 years from now with no stress you will be happy. Wait for the next big 10 or 20 percent market crash and buy SPY or VOO or QQQ set and forget.
"SPCE" Don't buy names just because they are part of a theme and/or have some sort of notable figure. Branson dumped a business on the public that was never going to sustain itself. He and Chamath sold a shit ton in the 30's. " BB" Meme stocks *at most* are trades. Related: the Blackberry movie was actually pretty decent. "USOI" Don't buy ETNs/commodity-specific ETFs. "ICLN" Everyone piled in in the couple of months before Biden took office thinking that green was free money and turned it into a mini bubble. The top was a week or so before the inauguration. Then higher rates and other issues resulted in it cratering further. IMO: ICLN has had a good year and I'd consider keeping that as a supporting player but not a huge position. The others I'd absolutely dump.
[Benn Eifert | Are We Entering a New Volatility Era? | U Got Options - From the Cboe Floor](https://www.youtube.com/watch?v=Rzs0-Fjbkcc) [VIX Term Structure](http://vixcentral.com/) Structured products what tripled? Suppressing volatility - even I bought USOI and GLDI to profit off commodities or gold but others are buying single stock ETNs.
CEFS, USOI, SLVO, GLDI great income generators. Buy them at the right price, can't beat the yield.
I've held USOI over the last few years. Getting something every month to just hold has been nice.
I’ve been in USOI a few years. Now might actually be a good time to buy with the low price
I knew I shoulda dumped my USOI. But a 20% dividend yield was so tempting
Well.. USOI id be willing to bet a few K on. Its risky. An etn thats been stable for years with dividend yield 25% or so
Get on Stocktwits. Look up USOI, SMHB, KLIP, ARR. A lot of the things in there are just dumb, but I’ve gone down Rabbit holes with them and found gems. Like the ones above.
SMHB pays monthly. Anywhere from .05$ to .28¢ it’s $6.50 KLIP is a $17.70 that pays monthly. Up to a dollar a share USOI also pays monthly as does ARR
USOI is already 3x so 9x the fun
I always like Oil new. Hold a small stake in USOI their dividend is grotesque.
I use reddit. What I do is roll up a burner account and post like "Not bragging but this is my portfolio" and list garbage tier nonsense and let all the stock haters here come frothing at the mouth ripping it apart. "I'm making a killing with credit suisse! look at my dividends from REML, USOI, SLVO and GLDI!" and then we wait.
Or ETF's.. or ETN's (like USOI yikes!)
I didn't know you had a tent. It's up to you buddy, but if you want to keep those $700 don't gamble with options. If you want something a bit conservative but still risky and can generate you about $23 a month on your $700 ... That is about %40 return, check out the etn USOI. $23 can get you Wendy's few times a month :)
Buy USOI Have Warren Buffett dividends. Pay you 40k a year for the next decade easy.
Still holding USOI; still working remotely. Suck it OPEC!
In regards to stocks that pay out a dividend, I was wondering what stocks I should be looking at? I’m still fairly new at investing at the age of 28 almost 29. I make $50k a year with my current employer and I want to make my disposable income work for me fairly passively. I have a supplemental income with the national guard which is laughable at best. I’m curious as to what recommendations y’all might have. I’m supposed to be receiving a $20k bonus soon because I reenlisted, I’m estimating that I’ll get maybe $15k and I’m hoping to increase my monthly dividends I’m currently holding onto USOI stocks but I’m $300ish in the red right now.
Honestly I am new "here" (oil) but life doesn't happen without it. Not fuel. But medicine, chemical production, paint epoxy, plastics. Synthetics are certainly an option. But carbon capture to synthetic petroleum isnt going to replace the industry overnight. Regional production (like USO) is absolutely going to be relevant in a global market. I think ITM calls or low OTM calls for late Aug/Sept is what I'll look at? Room to grow. Higher impact from a steady increase. I was looking at... I think July 73 calls? They were down hard close to end of day Thursday last week. -$0.32? -$0.52? It was surprisingly significant. Should have bought. Stock was 70.xx? 71.xx? Now we're back to 72.10. I was in USOI which is a Credit Sussie USO covered call fund. When that bank looked bad the ETN DROPPED. God I wish I'd bought and sat far and happy on that dividend. So long as the bank doesn't go under that seems profitable. But without control of the ETN it feels safer to replicate the USOI strategy of "sell covered calls and close at +2% profit" or whatever their "mission statement" is? Tl;Dr oil will be here forever. Even if how we harvest it changes. Ps what are your thoughts on the Chevron share buy back? Looks to be 25-33% of their float. Based on $$$ to buy back and share prices.
Here we are a year later. Despite the Credit Suisse issues,USOI,SLVO,GLDI are doing well. I got out immediately for an 11% loss on USOI and negligible profits or losses on SLVO and GLDI. I dont remember. I figured they all would get delisted. Had I stayed in,I wouldve done well. If I was still in, I'd get out while I was ahead. It's only a matter of time. I have SMHB, MVRL,HDLB,MLPR by UBS. They are much more volatile than USOI,SLVO,GLDI. 10-20%+ yields40% right now with SMHB
Actually I'm in USOI- got in on 72.25 , now 81 , you think it's continue to go up ?
The writing was on the wall when USOI did its stock merger, if you didn't get out of Suisse then I don't really feel bad for you.
USOI will go up and so will the div!!! Good for my oil stocks ...
What about folks like me who have shares in CS ETFs (USOI)?
I hold USOI. Anything that keeps CS alive as an entity is ok in my books
Yeah eh, recession calls are wrong a lot but every leading indicator is pushing us towards a recession/depression in the next year. You can't raise interest rates this much and not cause a recession. Every asset purchased by companies in the past 10 years is now worth less given the change in RFR so every (smart) company will be refocusing their cash flow to pay down existing debt instead of hiring more likely going forward, likely mimicking a balance sheet recession. No clue what will happen of course but the narrative for recession right now is extremely evident when most times it feels like people just say, line went up so must go down so there will be recession! This is based on change in RFR, M2 money contraction, plummet in new housing permits issued, bond market drop; etc etc. Much stronger narrative currently than the usual 'what goes up must come down'. Past doesn't equal future of course but I think it's utterly silly to expect more upside than downside to the market currently. And initially people will flee to oil for commodity safety (which may have already happened tbh) and then realize that there's a ton of oil around if the global economy is slowing down leading to an eventual crash. I'm slowly pulling out of USOI holdings due to exactly your last sentence.
There’s covered calls ETNs like USOI, SLVO, GLDI
I mean... the WSB version of a dividend stock is $USOI. 🤷🤷♀️
Im down 12.7% as of today,January 23,2023, including withdrawals. I was down 30% on October 20,2022. Ive been trading my butt off to recuperate everything. Sometimes if something is not working you need to dump it. I took buying and holding to the extreme. Since then Ive redone my portfolio 3 times over the last 3 months with a 70% portfolio turnover rate. I was overweight 2 closed end funds but boy did I learn my lesson I dont buy individual stocks but high yield closed end funds, reits,bdcs, etns with high coupon payments. .. I set my portfolio up so that I now have over 30 different small positions with 5% in cash. I deploy the cash to positions on down days.. and on up days I sell off certain positions or hold. This way I dont exactly have to time the market because I have enough assets to monitor whats going up and down. I did tons of research and emerging market sovereign and corporate bond funds, mreits and bdcs, and anything related to oil,gas, and silver. I like etns(exchange traded notes not to be confused with etfs). They are riskier but so far have been very effective in tracking commodities, USOI,SLVO,GLDI..Its important to follow trading ranges...where is your position in relation to the 52 week high versus 52 week low..I prefer buying near low obviously. I missed out on most of the reit explosion but after the Fed raised rates in December I made 35% of my portfolio reits and bdcs and this propelled a 7% gain(recuperation of losses). Im certainly not bragging but sharing info that may help others in the red..Ive developed a few rules since my expensive mistake: Make sure portfolio never goes above 20% down...now Ive updated that rule: never go above 13% down. Instead of selling 100% of a position, I always hold on to 1-5%..whether Im selling for losses or gains Instead of going all in and buying 3000 shares of anything, I buy in small increments..50-100 shares or less on down days. Instead of reinvesting dividends(with the exception of a few assets), I let the cash accumulate. This lowers cost basis and positions dont need to go up as much to breakeven. Then I can strategically decide what to reinvest in. I have a high yield 14% dividend yield with mainly monthly dividends/distributions/coupon payments. Another rule: never just take someone's advice or opinion..always do your own research. . Another rule, its ok to take profits.
Down 20 overall..10% in my retail 25% inherited IRA for total combined loss of 20%. Portfolio down from different trades. I was down 30-33% in September to down 16% in October to down 15%for a few hours the day before the December fed meeting to down 20% the last day of the year...I have managed to stay between 16 and 20% down since October. Ive had success recuperating capital in emerging market sovereign and corporate bond cefs like EDF/EDI/FCO and generally fluctuate plus or minus 5% in OXLC,XFLT,ZTR plus Ive done well with etns for commodities USOI,SLVO,GLDI 35
You should look at the history on USOI 😎
USOI. Monthly dividend. Covered call etf
Throw what's left in USOI and just let the dividends build you back up. Monthly payout
Check out QYLD, XYLD, RYLD, USOI... Covered call ETFs are fairly common and you can find one linked to just about any asset you'd like. They do well in highly volatile, sideways markets. They provide some minor downside protection, in exchange for doing poorly in bulk markets. I'm holding about 20% in assorted CC ETFs ATM, because I have a feeling we're going sideways for a while. I'll quickly liquidate into their underlying assets when an uptrend solidifies.
You can buy USOI ETNS which have an insane dividend return but it’s credit suisse product and who knows what’s up with that company.
That's because you guys DCA into dumb shit. QYLD, USOI, GME 😂 Etc. If the goal is 20-30 years then the decline doesn't matter. You just keep buying shares every Monday
So, what happens to their dividend giving stonks like $GLDI if they go under? Do they just liquidate at some low value or does everyone try to sell off before it goes to zero? Some like $USOI have been soaring. Can someone explain to a highly regarded smoothbrain like me?
Monthly dividends JepQ JepI and USOI do it and raise your cash levels.
Disney lol. Buy oil stocks, ETFs, ETNs and anything you can get before winter comes. I bought USOI and it’s been paying me 20% in dividends. I’m hoping this lasts but we’ll see
USOI is my only dividend earning stock. I’ll just hang up my jacket myself, thanks.
So should I hold my USOI or nah (serious)
Sold my USOI this morning (Credit Suisse ETN). I'm not sure if an ETN would be in trouble if CS was in trouble but I'm not willing to risk it. Luckily USOI was up big at open and allowed me to get out with a small loss. USOI just reversed split 20-1 (my 4k shares went to 200). Maybe they are planning to dilute. Anyway, nothing I want to be part of.
SLVO and USOI had merges. So I’ve been forcefully made to sell at the local nadir. Cause apparently no partial share credits for me! (Webull). Fun. 🤦🏻♀️
So question on USOI. Any ideas why it recently jumped %1400 on September 27th?
Buy buy so I can exit my USOI position lmao.
Sell all my USOI at open
Think I’m going to sell all my USOI tomorrow
One on their ETNs just did a 20:1 merge. It's a ponzy scheme paying dividends. USOI
This is a good idea. I do it myself. But you are asking this question in the wrong sub. Each sub has its own group hivemind, and the one here is mostly about DCA, and buying dips, and etc. Also, have you thought of enacting your strategy on high dividend stocks? Its the same principle, because if you "don't sell it for a loss", as you said in your post, then why not make dividends along the way. The stock market may go down for a year, but you make dividends along the way. Also, have you thought of enacting this strategy on commodities? They are still somewhat connected to the overall market but can sometimes have price action that moves independently, such as although gold/silver will likely go down for a while longer, its worth having some exposure to precious metals in a diversified portfolio, so day-trade them on the way down. Or, combine both strategies (dividends, and precious metals) and do a high risk one of day trading SLVO, USOI, GLDI).
Idk cheapest I've got are PNNT ( over $5) and USOI....but it's an etn...
Mostly only certain income-focused ETNs pay monthly dividends. USOI for example pays out monthly, and is the returns from running a covered call strategy on USO. The dividend can vary pretty wildly. But yeah other than those type of things dividends are quarterly.
I'll take your word for it. I sure can't see it in the charts of any of the trusts or ETNs I looked at real quick (MVO, CRT, USOI, GLDI)--but they all have so much volatility, any kind of $0.10-25 movement is lost in the noise. Probably clearer on one that does annual distributions...
USOI $4.46 per share (Monthly dividend payouts) Yearly total dividend payout $1.73 . 10,000 shares cost $44,600 Yearly return $17,300 (dividend payments) . $17,300 divided into 12 monthly payouts = $1,441 per month. . You can literally save $45,000 and retire and live off of that income per month. 📡👽
I bought a shit ton of Equinor ASA since April 2020, and bought more over the last year. The shares I bought last year are now up more than 70%. Overall, I am up like 160%. Current position value is approaching $200k. I don't actively trade this, I just tactically buy it. Good times for oil and energy this year. Made a lot of money trading USOI while collecting the coupon (don't have capital gains tax here, so it's extra fun). My worst performing "largeish" position is r/PLTR where I am holding a small five figure bag, but I don't mind it. I am averaging down multiple times a month. Worst performing positions are of course (former) SPACs such as SOFI and RKLB (formerly VACQ). But I am staying in those.
OP w $300k look into high yield dividend like QYLD or USOI, could bring you $3k / mo in dividends
HUT8…EMBK…USOI….U….PI…SPUU thank me later
USOI sometimes does. It is variable, this month is only about 2%, but a few months ago it paid out $0.22/share and the price was only about $5.50 or so, which was roughly a 4% return.
> Usoi So you just hold this for the dividends? How long would you hold these considering USOI shares seem to lose value over time?
Thanks for pointing this one out. I added some $USOI and $AB to my portfolio today.
Damn I just did an analysis of USOI and if someone bought in around May 1st of 2020 and they reinvested their dividends, they'd be up over 140%. ​ Shit that's whack.
Already doing this with USOI, but I wouldn't tell WSB. They'll ruin it somehow.
USOI , like seriously it’s free money each month. But I’m sure I’m missing something
Everything in USOI is the only way to do dividends
Checkout USOI-it is an ETN, and the coupons (dividend) have been solid. .17 this month and the current price is near its low. Ex-dividend date is the 19th I believe, so the price normally goes up leading to the date. Oil is down today which is a buying opp for USOI! Banks are agreeing... https://www.defenseworld.net/2022/07/11/fifth-third-bancorp-purchases-shares-of-15017-credit-suisse-x-links-crude-oil-shares-covered-call-etns-nasdaqusoi.html
Just buy USOI 4.90 and you collect .25c a share a month. I get 1250 a month to hold that and it eventually will pay all my bills when I turn off reoccurring
Dude just put all ur money into USOI. Thank me later.
Dammit, my USOI is in the toilet.
Damn my long term oil is turning red. OKE still green for now. USOI down alot.
"Ticker USOI, date june 17 2022, close 5.53, adjusted close 5.28, dividend .253 Close minus adjusted: 5.53 - 5.28 = .25" Bro, this is a covered call ETN. This is literally how they pay out the dividend. Everything over 3% appreciation is distributed as a dividend. It's in the prospectus. This is not the same think as a stock. "Ticker QYLD, date june 21 2022, close 17.33 adjuated close 17.16, dividend .174 Close minus adjusted: 17.33 - 17.16 = .17" I knew this one would come up. Yet again it's literally in the prospectus that they sell the underlying equities to distribute as a dividend. Yes, if you sell the underlying assets of a fund then the fund is no longer worth as much. I never argued this. These are completely different animals...
>This is adjusted every day at market opening regardless of dividend. It is a coincidence this was EXACTLY 90 cents. There are only so many ways i can tell you a fact. It is not my *opinion*, it is not a faerie tale i *believe*. I have already provided you proof this is how stocks are adjusted and *shown* you. Pick a dividend stock and look up historical data for it around the div dates. There is a *reason* the adjusted close on those dates is *exactly* the dividend. You will notice on other dates the close price and the adjusted close are the *same* because there was *no* adjustment. The adjustment is the dividend. Ticker OKE, date April 28 2022, close 66.92, adjusted close 65.99, dividend .935, Close minus adjusted: 66.92 - 65.99 = .93 Whoa, coincidence. Ticker QYLD, date june 21 2022, close 17.33 adjuated close 17.16, dividend .174 Close minus adjusted: 17.33 - 17.16 = .17 Whoa, coincidence? Ticker ABR, date may 18 2022, close 16.80, adjusted close 16.42, dividend .38 Close minus adjusted: 16.80 - 16.42 = .38 Whoa, coincidence! Ticker USOI, date june 17 2022, close 5.53, adjusted close 5.28, dividend .253 Close minus adjusted: 5.53 - 5.28 = .25 WHOA, COINCIDENCE BUT THIS TIME WITH THREE EXCLAMATION POINTS !!! There, you have an example each of a dividend stock, an etf, a reit, and an etn. >So the specialist may have to make an educated guess to kick off initial trading. Yes, close and open are not always the same. I don't think i said they were? I don't think this has *anything* to do with dividends? Hello?? >If it does not effect the fundamentals for which an equity is valued then a decrease in price would only momentarily decrease the price until people realize it is undervalued. This would not be irrational at this point then and there would be significant buying pressure to bring the stock back up to a reasonable price point. Are y'alright? This is a bunch of irrelevant nonsense, you are out of control. I really do not think this paragraph contains any meaning. The whole story is the exchange lowers the price of a stock after close *by the amount of the dividend* because after that date new buys will not be entitled to said dividend. >You're welcome! TYL. I can't tell if this ironic or moronic coming from someone who refuses to believe facts.... >You said it is not included in total return. Please quote me so i can find and edit that comment, because i do not think this. My position is that a dividend is not a guaranteed return. I am not saying it *not* part of your return. I have already explained to you that in your hypothetical stock purchase of $10 that appreciated to $20 *AND* divs out $5 just means this stock has overall returned $15. I didn't say your return is $10 or that we subtract dividends. Please stop clinging to this so desperately. I literally told you 3 or 4 times they are part of the whole but they are not on their guaranteed returns. Can you answer me: If you buy a stock for $10 on Jan 1st and over the year is has divved out $5 but by Dec 31st it is worth $5 - what is your return for the year?
Remindme! 1 year, hope $USOI stills exiting.
Must be from the money they are earning off of the expense ratio of $USOI
I made a video about USOI! It's in the video titled 2022 investment strategy. I'm big on oil this year.
Obviously this is not an Ape move, but I've been in USOI for like 2 years now with a pretty sizable investment. I think this month it's printing almost 26 cents a share. I say this to say I've been long oil for 2 years (not just USOI) and I can't see oil or gas prices dropping for another 2 years at least unless something completely out of left field happens. The current markets seems to be consumers ignoring the fact that we are fucked because they are tired of covid. So they are going into debt for anything and everything. Airlines are literally cancelling flights by the thousands every weekend and people are still lining up to take that flight to the beach. Combine that with the a war that I personally think will get much worse heading into winter months in Europe and oil companies that are in perfect positions to squeeze maximum untold profits from everyone. I don't see oil going down any time soon.