USOI is currently delivering a very strong dividend yield, which is the main appeal of the instrument.
Crude fundamentals are tightening as supply continues to reduce into North America, which will likely push the price of crude higher.
USOI is currently benefiting from positive roll yield and this is a strong reason to hold the note.
The Credit Suisse Crude Oil Shares Covered Call ETN (USOI) is currently a dividend investor’s friend, with the yield clocking in at around 16% on an annualized basis. While I think this dividend