XBOC Stock Summary and Trading Ideas (Innovator U.S. Equity Accelerated 9 Buffer ETF - October | BATS:XBOC)

The Innovator U.S. Equity Accelerated 9 Buffer ETF seeks to provide double (2x) the upside return of SPY (SPDR S&P 500 ETF Trust), to a cap, with approximately single exposure to the downside, over a one-year outcome period. The ETF buffers investors against the first 9% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually. Innovator Defined Outcome ETFs are the first ETFs that allow investors to take advantage of market growth while maintaining defined levels of downside exposure. The ETFs are as tax-efficient as traditional ETFs due to a recent rule change allowing the in-kind trading of options.

Innovator U.S. Equity Accelerated 9 Buffer ETF - October trades on the BATS stock market under the symbol XBOC.

As of December 13, 2024, XBOC stock price climbed to $30.56 with 5,030 million shares trading.

XBOC has a beta of 0.20, meaning it tends to be less sensitive to market movements. XBOC has a correlation of 0.52 to the broad based SPY ETF.

XBOC has a market cap of $97.79 million. This is considered a Micro Cap stock.

In the last 3 years, XBOC traded as high as $30.67 and as low as $21.66.

XBOC has underperformed the market in the last year with a price return of +10.4% while the SPY ETF gained +29.9%. XBOC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.1% and +0.3%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

XBOC support price is $30.40 and resistance is $30.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XBOC shares will trade within this expected range on the day.