Buy & Sell Ubs Ag Etracs Silver Shares Covered Call ETN Exp 21 Apr 2033 (SLVO) – Ubs Ag Etracs Silver Shares Covered Call ETN Exp 21 Apr 2033 Price Today
Key Stats
- -Market Cap
- Income / Options OverlaySector
- -22.19%3M Drawdown
- -Enterprise Value
- -Dividend Yield
Over the past 52 weeks, Ubs Ag Etracs Silver Shares Covered Call ETN Exp 21 Apr 2033 has traded between a low of $76.67 and a high of $107.41, highlighting its annual price range. Over the past three months, Ubs Ag Etracs Silver Shares Covered Call ETN Exp 21 Apr 2033 has recorded a drawdown of -22.19%, reflecting recent price volatility.
About Ubs Ag Etracs Silver Shares Covered Call ETN Exp 21 Apr 2033
SLVO is an exchange-traded note issued by UBS AG that provides investors with exposure to the performance of a silver-based covered call strategy. The ETN tracks the daily return of the ISE Enhanced 100x Leveraged Silver ETN Index, which combines a long position in silver with a covered call strategy on the silver position. This strategy aims to generate current income from the option premiums, which can provide a buffer during sideways or slightly down markets for silver, but it also caps the potential gains from a significant rise in silver prices. As an ETN, it is subject to the credit risk of the issuer, UBS AG, and has an expiration date of April 21, 2033.
