OCTJ

📎 Investment Objective

The Innovator Premium Income 30 Barrier ETF seeks to provide investors with monthly income and downside protection through a rules-based options strategy.

✨ Key Features

• Writes monthly call options on the S&P 500 Index to generate income
• Purchases put options to provide a buffer against the first 30% of losses in the underlying index
• Targets consistent monthly income payouts
• Seeks to limit downside risk through the put option strategy

⚠️ Primary Risks

• Market risk: The ETF's performance is tied to the performance of the S&P 500 Index, and it is subject to the same market fluctuations.
• Options risk: The use of options strategies introduces additional risks, such as the potential for losses greater than the initial investment and the possibility of the options expiring worthless.
• Interest rate risk: Changes in interest rates can affect the value of the options held by the ETF.
• Liquidity risk: The ETF may have difficulty buying or selling certain securities, which could affect its performance.

👤 Best For

This ETF may be suitable for investors seeking a consistent monthly income stream and some downside protection, while understanding the risks associated with an options-based strategy. It may be particularly appealing to conservative or income-oriented investors who are willing to forgo some upside potential in exchange for a more stable and predictable return profile.