USOYDefiance Oil Enhanced Options Income ETF

Defiance Oil Enhanced Options Income ETF is an actively managed exchange-traded fund designed to generate current income while providing indirect exposure to the price of United States Oil Fund, LP. The fund uses an options-based put-write strategy, selling put options on the underlying oil-linked fund to seek premium income and to create a capped participation in upside moves. It is positioned in the energy and commodities market, with exposure tied to crude oil price dynamics rather than direct ownership of oil or oil futures. The portfolio typically holds short-term U.S. Treasury securities as collateral, reflecting its income-oriented structure and options overlay. Defiance Oil Enhanced Options Income ETF is used by market participants looking for a listed vehicle that combines commodity-linked exposure with a systematic income strategy.