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UBS AG ETRACS Crude Oil Shares Covered Call ETN

UBS AG ETRACS Crude Oil Shares Covered Call ETN (USOI)

72.26
-1.31
( -1.78% )
Updated: 10:15:11

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USOI Discussion

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The_Free_Nebula The_Free_Nebula 12 months ago
This month's Divvy is $1.6797 - early post was erroneous.
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The_Free_Nebula The_Free_Nebula 12 months ago
This month's Divvy is $1.1785
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Scotttrader80 Scotttrader80 1 year ago
.85 cents dividend for June https://seekingalpha.com/pr/19356413-credit-suisse-announces-coupon-payments-and-expected-coupon-payments-on-credit-suisse-x-links
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Scotttrader80 Scotttrader80 1 year ago
Divy announcement over the weekend or Monday for June?
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hotdawg hotdawg 1 year ago
It happens every month at the same time
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Scarbender307 Scarbender307 1 year ago
Sure would like to see the dividend on a timely basis.
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hotdawg hotdawg 1 year ago
I think we will see 84 before the divi announcement
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The_Free_Nebula The_Free_Nebula 1 year ago
Paying $3.33 per? Interesting
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hotdawg hotdawg 2 years ago
We have a divi of 1.7559 coming this month
Not as good as last month but still better than any other divi stock.
The price keeps going up
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hotdawg hotdawg 2 years ago
Thanks I've been all over this morning and nothing showing up yet.
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GO4AWILDRIDE GO4AWILDRIDE 2 years ago
hotdawg

Went to the following link: https://notes.credit-suisse.com/etn/press-releases.html

No info for November as of now/

Maybe tomorrow it will post the DIVI.

GLTU

GO4AWILDRIDE
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hotdawg hotdawg 2 years ago
Anyone here now that we have had a reverse split.
Any news on this month's divi yet?
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hotdawg hotdawg 2 years ago
It wont be long till we are back over 100.00 per share
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hotdawg hotdawg 2 years ago
Thanks for the info
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Mechanic211 Mechanic211 2 years ago
Nice divi
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The_Free_Nebula The_Free_Nebula 2 years ago
I thought it would be under $2 bucks. Nice bounce
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GO4AWILDRIDE GO4AWILDRIDE 2 years ago
hotdawg

$2.6476

EX-DATE is 10/19/2022
PAYDATE is 10/25/2022

https://notes.credit-suisse.com/api/DocFile/GetEtnPR/TRgzUO9PNlNOAV4tj%24%24BNow%3d%3d


GO4AWILDRIDE
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hotdawg hotdawg 2 years ago
Steadily creeping back up. any one hear about the next divi?
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hotdawg hotdawg 2 years ago
You were right it's still trading under USOI and rising
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shotsky shotsky 2 years ago
I'll bet you are wrong. Been there, done that. It won't trade immediately because ALL of the shares of the stock have to be recalled, their serial numbers declared invalid, and then the new shares have to be assigned to all shareholders. The ticker will have a 'D' added for 30 days, but there will be no trading for the first three days. Not like we have a lot of time to wait to see if I'm right...but I am.
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jimmy667 jimmy667 2 years ago
Fact checked. Not true. There will be no temporary ticker change it will be USOI but with a new cupid number. Can trade it immediately.
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shotsky shotsky 2 years ago
Actually, I misspoke when I said as soon as it splits people will sell. That's not quite right. At the split, you won't be able to trade it for 3 days, because they take back all shares, issue the new ones with a different series number and with a 'D' on the end of the ticker. It will be USOID. But that only applies to those of us in brokerages.
Anyone that is an outright owner can sell immediately. That's when the sp drops. By the time we can trade, it is already going to have dropped.
You don't have to believe me, just watch what happens for the 3 days after the split. That's why I sold 200K shares today.
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bar1080 bar1080 2 years ago
Yes, Shotsky. I'm a retired lawyer and decades-long investor in quality stocks and I'm having trouble unwrapping the logic of many posts here. Punctuation might help.

Don't want to be called "An Jerk" for my generally well-considered posts.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169989581
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shotsky shotsky 2 years ago
Then you don't understand reverse splits. As soon as it splits, people will sell at that new, high price and the sp will tank. I've been dealing with them since 2008, and I've never seen one where the shareholders made out.
A reverse split happens when the company mismanages itself and lets the OS get out of proper proportion. There are two ways to fix that - buy back shares or reverse split.
My course of action is to sell all, wait until the smoke clears, skip one dividend and see if it's worth buying back in. I doubt that it will be worth it.
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hotdawg hotdawg 2 years ago
I think it will hold above 88 and go up over 100 per share. They don't have as much interest because it to low more investors will come in as the price rises. JMHO
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GO4AWILDRIDE GO4AWILDRIDE 2 years ago
bar1080

That is due to it is none of your business of my investment plans.

REMEMBER I THINK YOU ARE AN JERK AND ARE TO BE IGNORED FOR THE MOST PART.

GO4AWILDRIDE
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bar1080 bar1080 2 years ago
"I am glad I bailed out months ago Don't recall you even hinting at that.
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GO4AWILDRIDE GO4AWILDRIDE 2 years ago
hotdawg

How long do you think the PPS will remain at the $88 level after the 1-20 reverse split?
What happens to the DIVI? Will it rise to $3.00?

It is anyones guess what will occur now.

I am glad I bailed out months ago with my ASSets still intact so to speak.

GLTU and anyone else still in this.


GO4AWILDRIDE
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hotdawg hotdawg 2 years ago
Any thoughts on the reverse split?
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hotdawg hotdawg 2 years ago
It's not a 100k it's 100 million barrels a day cut.
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Hawkeye_tt Hawkeye_tt 2 years ago
100K cut.....peanuts.

Hawk
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The_Free_Nebula The_Free_Nebula 2 years ago
not bad
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hotdawg hotdawg 2 years ago
DIVI is .1265 this month.
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hotdawg hotdawg 2 years ago
Picked up more this morning.
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hotdawg hotdawg 2 years ago
It wont be that low for long if opec reduces the out put by 100 mil. barrels a day.
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bar1080 bar1080 2 years ago
"U.S. Oil Falls Below $85 a Barrel for_First_Time Since January"

"Oil prices declined to the lowest in eight months on Wednesday as concerns intensified that a global economic downturn will hurt demand for energy.

West Texas Intermediate WBS.1 –0.23% the U.S. benchmark, traded down more than 4% at $83.22 a barrel, falling below $85 for the first time since late January. The last time it settled below $84 a barrel was Jan.24, according to FactSet data. Brent crude BRN00 –0.27% the international standard, fell 4% to $89.11."
https://www.barrons.com/articles/brent-wti-crude-oil-prices-today-51662537506
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bar1080 bar1080 2 years ago
Crude oil futures certainly continuing to fall, WTI futures off 6.0% Brent off -5.6 As usual I hope everyone is sensibly diversified.
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hotdawg hotdawg 2 years ago
Any news on the divi this morning?
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The_Free_Nebula The_Free_Nebula 2 years ago
Will probably stay in the 9 cents range...The share price is on the good opportunity range again. Watching and waiting...
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hotdawg hotdawg 2 years ago
I'm just hoping for the best.
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shotsky shotsky 2 years ago
I'm thinking lower. Share price is lower and divi is partly based on share price.
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hotdawg hotdawg 2 years ago
any thoughts on the divi this month. I'm thinking a little higher than last month.
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bar1080 bar1080 2 years ago
As I predicted, just about any oil major will outperform USOI over the long run. If you like oil, consider a quality energy ETF or CEF.

Interesting piece about Credit Suisse out today
"Credit Suisse Warned by China Regulator to Fix Executive Exodus"
https://finance.yahoo.com/news/credit-suisse-warned-china-regulator-105722251.html
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hotdawg hotdawg 2 years ago
Now we wait for the next divi announcement.
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hotdawg hotdawg 2 years ago
clm,crf,cix,sblk and usoi
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GO4AWILDRIDE GO4AWILDRIDE 2 years ago
hotdawg

Which ones?

GO4AWILDRIDE
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hotdawg hotdawg 2 years ago
I love it when money just appears in my account. working on a few more divi stocks now.
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hotdawg hotdawg 2 years ago
Mine is in place
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GO4AWILDRIDE GO4AWILDRIDE 2 years ago
hotdawg

Did you get your DIVI?

GO4AWILDRIDE
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GO4AWILDRIDE GO4AWILDRIDE 2 years ago
phillieg88

I got my DIVI but only in my TDAMERITRADE accounts not my FIDELITY account.

EDIT: FIDELITY now shows the DIVI in the account.

GLTU

GO4AWILDRIDE
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