A High-Yield ETN Strategy Based on a Popular Crude Oil ETF

Credit Suisse, the underwriting bank for a suite of X-Links exchange traded notes, has expanded its line of covered-call offerings with a crude oil-related option. The bank has rolled out the Credit Suisse X-Links Crude Oil Shares Covered Call ETN (NasdaqGM: USOI). USOI comes with a 0.85% expense ratio. USOI tries to reflect the performance…Click to read more at ETFtrends.com.