# Defiance Oil Enhanced Options Income ETF (USOY) — Overview

USOY · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/usoy

## Price

Last close $7.56 on Oct 15, 2026. 52-week range $6.43 – $9.40.

## Fund profile

USOY is an actively managed fund that employs a put options strategy that emphasizes current income while providing exposure to the price of United States Oil Fund (USO). The underlying fund holds short-term futures contracts on WTI crude oil.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | May 9, 2024 |
| Assets under management | $74.7M |
| Expense ratio | 1.22% |
| Net asset value | $7.52 (as of Oct 14, 2026) |
| Distributions | Weekly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Defiance Oil Enhanced Options Income ETF (USOY)?

USOY is an actively managed fund that employs a put options strategy that emphasizes current income while providing exposure to the price of United States Oil Fund (USO). The underlying fund holds short-term futures contracts on WTI crude oil.

### What is USOY's expense ratio?

Defiance Oil Enhanced Options Income ETF charges an annual expense ratio of 1.22%. The fund is issued by Tidal Investments LLC.

### How large is USOY?

Defiance Oil Enhanced Options Income ETF manages $74.7M in assets and has traded since May 9, 2024.

### How do I buy shares of Defiance Oil Enhanced Options Income ETF (USOY)?

USOY trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).