Daily Report

ETF Insights - September 24, 2025

Today's analysis: 3 near entry opportunities, 29 approaching cap. Total 32 signals identified. Full interactive report with detailed analysis for each ETF.

Eric Cerrone

24 Sep 2025 — 45 min read

HARBORSIDE - ETF Insights - September 24, 2025

Defined Outcome ETF Insights

September 24, 2025

Understanding Key Metrics

Cap Yield (Annualized)

The remaining upside potential converted to an annual percentage, for comparison to TBILLs.

Approaching Cap - Index Below

Limited upside potential remaining and as ETF gets closer to reset it will be very sensitive to downside moves. Compare to TBILLs and other ETFs for possible roll.

Approaching Cap - Index Above

ETFs where the cap has been reached (≥90%) and the index is above the cap level, providing a downside cushion to after fee cap. Check TBILL rate, probability and Cap Yield to manage risk.

Probability

The statistical likelihood the index will be above the ETF's cap at expiry. Calculated using Implied Volatility from the Underlying ETF's, their location and time left.

Priority Color Coding

Green Border
Best entry opportunity - ETF close to starting point

Yellow Border
Monitor for entry - ETF near starting point OR cap reached with index above

Red Border
Future exit/roll alerts - ETF near maximum cap

118

ETFs Analyzed

Near Entry

Near Cap

ETFs With No Alerts & Expiring Within 30 Days

APOC (7d)

IBUF (7d)

IOCT (7d)

KOCT (7d)

ZOCT (7d)

ENTRY OPPORTUNITIES
- ETF NEAR RESET LEVEL -

Qualification Criteria:
Annual ETFs: Fund Return between -1% and +1% of starting point
Quarterly ETFs: Fund Return between -0.25% and +0.25% of starting point
*Represents optimal entry timing with minimal tracking from reset level*

🎯 ISEP (15% Buffer) 342 Days Until Reset

Fund Return: 0.82% | Index Return: 1.79%

Remaining Cap: 12.01% | Downside Before Buffer: -1.67%

Cap Yield: 12.82% | T-Bill Yield: 3.86%

0.82%

Fund Return

1.79%

Index Return

-1.67%*

Downside Before Buffer

12.01%*

Remaining Cap

Position Snapshot

As of today, ISEP is at +0.8% with 342 days remaining. The ETF is still in an excellent entry area within 2% of optimal entry for new money. This positioning offers investors the opportunity to participate in the defined outcome strategy with 342 days of protection remaining.

Upside Scenario

The ETF has 12.01% remaining upside potential (after fees) with 1.67% downside before buffer protection activates. This creates a 7.2:1 reward-to-risk ratio for the remaining 342-day period, representing a strong risk-adjusted opportunity. Annualized, this translates to 12.82% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

ISEP offers solid downside protection with its 15% standard buffer. The ETF is currently 1.67% away from buffer activation, representing a position approaching the buffer level, requiring closer monitoring. There is reasonable room for dollar-cost averaging if market weakness persists.

Strategic Outlook

Excellent opportunity for new money allocation. The 7.2:1 reward-to-risk profile with substantial time remaining makes this an attractive entry point. Consider for core positioning or as a roll target from less favorable ETFs. The 12.82% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 342 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Close to starting point with 15% buffer

Buffer Level: 15.00%

Cap Yield: 12.82%

T-Bill Yield: 3.86%

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

✅ BSEP (9% Buffer) 342 Days Until Reset

Fund Return: 1.90% | Index Return: 2.81%

Remaining Cap: 12.41% | Downside Before Buffer: -2.65%

Cap Yield: 13.24% | T-Bill Yield: 3.86%

1.90%

Fund Return

2.81%

Index Return

-2.65%*

Downside Before Buffer

12.41%*

Remaining Cap

Position Snapshot

As of today, BSEP is at +1.9% with 342 days remaining. The ETF is in a good entry zone for new positions. This positioning offers investors the opportunity to participate in the defined outcome strategy with 342 days of protection remaining.

Upside Scenario

The ETF has 12.41% remaining upside potential (after fees) with 2.65% downside before buffer protection activates. This creates a 4.7:1 reward-to-risk ratio for the remaining 342-day period, representing a reasonable risk-adjusted opportunity. Annualized, this translates to 13.24% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

BSEP offers moderate downside protection with its 9% buffer. The ETF is currently 2.65% away from buffer activation, representing a position approaching the buffer level, requiring closer monitoring. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Reasonable opportunity for new money, though the 4.7:1 reward-to-risk ratio suggests moderate return potential. Suitable for defensive allocation or tactical positioning. The 13.24% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 342 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Near starting point with 9% buffer

Buffer Level: 9.00%

Cap Yield: 13.24%

T-Bill Yield: 3.86%

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

✅ PSEP (15% Buffer) 342 Days Until Reset

Fund Return: 1.38% | Index Return: 2.82%

Remaining Cap: 9.41% | Downside Before Buffer: -2.15%

Cap Yield: 10.04% | T-Bill Yield: 3.86%

1.38%

Fund Return

2.82%

Index Return

-2.15%*

Downside Before Buffer

9.41%*

Remaining Cap

Position Snapshot

As of today, PSEP is at +1.4% with 342 days remaining. The ETF is in a good entry zone for new positions. This positioning offers investors the opportunity to participate in the defined outcome strategy with 342 days of protection remaining.

Upside Scenario

The ETF has 9.41% remaining upside potential (after fees) with 2.15% downside before buffer protection activates. This creates a 4.4:1 reward-to-risk ratio for the remaining 342-day period, representing a reasonable risk-adjusted opportunity. Annualized, this translates to 10.04% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

PSEP offers solid downside protection with its 15% standard buffer. The ETF is currently 2.15% away from buffer activation, representing a position approaching the buffer level, requiring closer monitoring. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Reasonable opportunity for new money, though the 4.4:1 reward-to-risk ratio suggests moderate return potential. Suitable for defensive allocation or tactical positioning. The 10.04% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 342 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Near starting point with 15% buffer

Buffer Level: 15.00%

Cap Yield: 10.04%

T-Bill Yield: 3.86%

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

APPROACHING CAP
- INDEX ABOVE CAP -

Qualification Criteria:
Cap Usage: ≥90% of maximum cap utilized
Index Position: Above the cap level
*Index cushion provides downside buffer but no additional upside participation*

📈 BALT (20% Quarterly Buffer) 7 Days Until Reset

Fund Return: 2.12% | Index Return: 7.34%

Remaining Cap: 0.10% | Downside Before Buffer: -2.25% | Cap Used: 95.6% | Above Cap: 5.1% | Probability: 99%

Cap Yield: 5.05% | T-Bill Yield: 3.86%

2.12%

Fund Return

7.34%

Index Return

-2.25%*

Downside Before Buffer

0.10%*

Remaining Cap

95.6%

Cap Used

5.1%

Above Cap

99.3%

Probability Above Cap

Position Snapshot

As of today, BALT is at +2.1% with 7 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 0.10% remaining upside potential (after fees) with 2.25% downside before buffer protection activates. This creates a 0.0:1 reward-to-risk ratio for the remaining 7-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 5.05% cap yield. This offers modest potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

BALT offers solid downside protection with its 20% standard buffer. The ETF is currently 2.25% away from buffer activation, representing a position approaching the buffer level, requiring closer monitoring. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 5.05% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 5.1% above cap

Buffer Level: 20.00%

Cap Yield: 5.05%

T-Bill Yield: 3.86%

Estimated Cap Level: 2.22% (after fees)

Probability Above Cap at Expiry: 99.3%

Calculated using Black-Scholes with implied volatility from SPY options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 BOCT (9% Buffer) 7 Days Until Reset

Fund Return: 13.58% | Index Return: 15.59%

Remaining Cap: 0.28% | Downside Before Buffer: -12.75% | Cap Used: 97.9% | Above Cap: 1.7% | Probability: 78%

Cap Yield: 14.85% | T-Bill Yield: 3.86%

13.58%

Fund Return

15.59%

Index Return

-12.75%*

Downside Before Buffer

0.28%*

Remaining Cap

97.9%

Cap Used

1.7%

Above Cap

78.1%

Probability Above Cap

Position Snapshot

As of today, BOCT is at +13.6% with 7 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 0.28% remaining upside potential (after fees) with 12.75% downside before buffer protection activates. This creates a 0.0:1 reward-to-risk ratio for the remaining 7-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 14.85% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

BOCT offers moderate downside protection with its 9% buffer. The ETF is currently 12.75% away from buffer activation, representing a well-protected position with substantial cushion remaining. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 14.85% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 1.7% above cap

Buffer Level: 9.00%

Cap Yield: 14.85%

T-Bill Yield: 3.86%

Estimated Cap Level: 13.86% (after fees)

Probability Above Cap at Expiry: 78.1%

Calculated using Black-Scholes with implied volatility from SPY options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 EALT (Quarterly Range) 7 Days Until Reset

Fund Return: 5.62% | Index Return: 7.34%

Remaining Cap: 0.34% | Downside Before Buffer: -10.23% | Cap Used: 94.3% | Above Cap: 1.4% | Probability: 75%

Cap Yield: 17.56% | T-Bill Yield: 3.86%

5.62%

Fund Return

7.34%

Index Return

-10.23%*

Downside Before Buffer

0.34%*

Remaining Cap

94.3%

Cap Used

1.4%

Above Cap

74.9%

Probability Above Cap

Position Snapshot

As of today, EALT is at +5.6% with 7 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 0.34% remaining upside potential (after fees) with 10.23% downside before buffer protection activates. This creates a 0.0:1 reward-to-risk ratio for the remaining 7-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 17.56% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

EALT offers no downside buffer protection as it is an accelerated ETF with no buffer. Investors should be prepared for full participation in any index declines, making position sizing and timing critical considerations.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 17.56% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 1.4% above cap

Buffer Level: 0.00%

Cap Yield: 17.56%

T-Bill Yield: 3.86%

Estimated Cap Level: 5.96% (after fees)

Probability Above Cap at Expiry: 74.9%

Calculated using Black-Scholes with implied volatility from SPY options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 EBUF (10% Quarterly Buffer) 7 Days Until Reset

Fund Return: 2.32% | Index Return: 10.49%

Remaining Cap: 0.07% | Downside Before Buffer: -2.50% | Cap Used: 97.0% | Above Cap: 8.1% | Probability: 100%

Cap Yield: 3.80% | T-Bill Yield: 3.86%

2.32%

Fund Return

10.49%

Index Return

-2.50%*

Downside Before Buffer

0.07%*

Remaining Cap

97.0%

Cap Used

8.1%

Above Cap

99.9%

Probability Above Cap

Position Snapshot

As of today, EBUF is at +2.3% with 7 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 0.07% remaining upside potential (after fees) with 2.50% downside before buffer protection activates. This creates a 0.0:1 reward-to-risk ratio for the remaining 7-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 3.80% cap yield. This yield is below the current 3.86% T-Bill rate, suggesting limited upside appeal.

Downside Protection

EBUF offers moderate downside protection with its 10% buffer. The ETF is currently 2.50% away from buffer activation, representing a position approaching the buffer level, requiring closer monitoring. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 3.80% annualized cap yield trails the 3.86% risk-free rate, limiting its relative attractiveness. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 8.1% above cap

Buffer Level: 10.00%

Cap Yield: 3.80%

T-Bill Yield: 3.86%

Estimated Cap Level: 2.39% (after fees)

Probability Above Cap at Expiry: 99.9%

Calculated using Black-Scholes with implied volatility from EEM options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 EOCT (15% Buffer) 7 Days Until Reset

Fund Return: 14.15% | Index Return: 16.22%

Remaining Cap: 0.54% | Downside Before Buffer: -13.29% | Cap Used: 96.3% | Above Cap: 1.5% | Probability: 71%

Cap Yield: 28.31% | T-Bill Yield: 3.86%

14.15%

Fund Return

16.22%

Index Return

-13.29%*

Downside Before Buffer

0.54%*

Remaining Cap

96.3%

Cap Used

1.5%

Above Cap

71.4%

Probability Above Cap

Position Snapshot

As of today, EOCT is at +14.2% with 7 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 0.54% remaining upside potential (after fees) with 13.29% downside before buffer protection activates. This creates a 0.0:1 reward-to-risk ratio for the remaining 7-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 28.31% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

EOCT offers solid downside protection with its 15% standard buffer. The ETF is currently 13.29% away from buffer activation, representing a well-protected position with substantial cushion remaining. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 28.31% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 1.5% above cap

Buffer Level: 15.00%

Cap Yield: 28.31%

T-Bill Yield: 3.86%

Estimated Cap Level: 14.69% (after fees)

Probability Above Cap at Expiry: 71.4%

Calculated using Black-Scholes with implied volatility from EEM options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 NOCT (15% Buffer) 7 Days Until Reset

Fund Return: 13.60% | Index Return: 22.56%

Remaining Cap: -0.01% | Downside Before Buffer: -12.77% | Cap Used: 100.0% | Above Cap: 9.0% | Probability: 100%

T-Bill Yield: 3.86%

13.60%

Fund Return

22.56%

Index Return

-12.77%*

Downside Before Buffer

-0.01%*

Remaining Cap

100.0%

Cap Used

9.0%

Above Cap

99.9%

Probability Above Cap

Position Snapshot

As of today, NOCT is at +13.6% with 7 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has reached its maximum cap level. No additional upside participation is available, but downside protection remains active for the remaining 7 days.

Downside Protection

NOCT offers solid downside protection with its 15% standard buffer. The ETF is currently 12.77% away from buffer activation, representing a well-protected position with substantial cushion remaining. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The -0.27% annualized cap yield trails the 3.86% risk-free rate, limiting its relative attractiveness. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 9.0% above cap

Buffer Level: 15.00%

Cap Yield: -0.27%

T-Bill Yield: 3.86%

Estimated Cap Level: 13.59% (after fees)

Probability Above Cap at Expiry: 99.9%

Calculated using Black-Scholes with implied volatility from QQQ options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 POCT (15% Buffer) 7 Days Until Reset

Fund Return: 10.46% | Index Return: 15.59%

Remaining Cap: 0.01% | Downside Before Buffer: -10.27% | Cap Used: 99.9% | Above Cap: 5.1% | Probability: 99%

Cap Yield: 0.77% | T-Bill Yield: 3.86%

10.46%

Fund Return

15.59%

Index Return

-10.27%*

Downside Before Buffer

0.01%*

Remaining Cap

99.9%

Cap Used

5.1%

Above Cap

98.9%

Probability Above Cap

Position Snapshot

As of today, POCT is at +10.5% with 7 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 0.01% remaining upside potential (after fees) with 10.27% downside before buffer protection activates. This creates a 0.0:1 reward-to-risk ratio for the remaining 7-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 0.77% cap yield. This yield is below the current 3.86% T-Bill rate, suggesting limited upside appeal.

Downside Protection

POCT offers solid downside protection with its 15% standard buffer. The ETF is currently 10.27% away from buffer activation, representing a adequately protected position. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 0.77% annualized cap yield trails the 3.86% risk-free rate, limiting its relative attractiveness. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 5.1% above cap

Buffer Level: 15.00%

Cap Yield: 0.77%

T-Bill Yield: 3.86%

Estimated Cap Level: 10.47% (after fees)

Probability Above Cap at Expiry: 98.9%

Calculated using Black-Scholes with implied volatility from SPY options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 QBUF (10% Quarterly Buffer) 7 Days Until Reset

Fund Return: 3.85% | Index Return: 8.44%

Remaining Cap: 0.13% | Downside Before Buffer: -3.91% | Cap Used: 96.6% | Above Cap: 4.5% | Probability: 95%

Cap Yield: 7.03% | T-Bill Yield: 3.86%

3.85%

Fund Return

8.44%

Index Return

-3.91%*

Downside Before Buffer

0.13%*

Remaining Cap

96.6%

Cap Used

4.5%

Above Cap

95.2%

Probability Above Cap

Position Snapshot

As of today, QBUF is at +3.9% with 7 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 0.13% remaining upside potential (after fees) with 3.91% downside before buffer protection activates. This creates a 0.0:1 reward-to-risk ratio for the remaining 7-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 7.03% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

QBUF offers moderate downside protection with its 10% buffer. The ETF is currently 3.91% away from buffer activation, representing a position approaching the buffer level, requiring closer monitoring. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 7.03% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 4.5% above cap

Buffer Level: 10.00%

Cap Yield: 7.03%

T-Bill Yield: 3.86%

Estimated Cap Level: 3.98% (after fees)

Probability Above Cap at Expiry: 95.2%

Calculated using Black-Scholes with implied volatility from QQQ options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 RBUF (10% Quarterly Buffer) 7 Days Until Reset

Fund Return: 4.76% | Index Return: 13.00%

Remaining Cap: 0.04% | Downside Before Buffer: -4.75% | Cap Used: 99.1% | Above Cap: 8.2% | Probability: 99%

Cap Yield: 2.34% | T-Bill Yield: 3.86%

4.76%

Fund Return

13.00%

Index Return

-4.75%*

Downside Before Buffer

0.04%*

Remaining Cap

99.1%

Cap Used

8.2%

Above Cap

99.4%

Probability Above Cap

Position Snapshot

As of today, RBUF is at +4.8% with 7 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 0.04% remaining upside potential (after fees) with 4.75% downside before buffer protection activates. This creates a 0.0:1 reward-to-risk ratio for the remaining 7-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 2.34% cap yield. This yield is below the current 3.86% T-Bill rate, suggesting limited upside appeal.

Downside Protection

RBUF offers moderate downside protection with its 10% buffer. The ETF is currently 4.75% away from buffer activation, representing a adequately protected position. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 2.34% annualized cap yield trails the 3.86% risk-free rate, limiting its relative attractiveness. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 8.2% above cap

Buffer Level: 10.00%

Cap Yield: 2.34%

T-Bill Yield: 3.86%

Estimated Cap Level: 4.80% (after fees)

Probability Above Cap at Expiry: 99.4%

Calculated using Black-Scholes with implied volatility from IWM options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 UOCT (30% Ultra Buffer) 7 Days Until Reset

Fund Return: 10.08% | Index Return: 15.59%

Remaining Cap: -0.02% | Downside Before Buffer: -14.50% | Cap Used: 100.0% | Above Cap: 5.5% | Probability: 99%

T-Bill Yield: 3.86%

10.08%

Fund Return

15.59%

Index Return

-14.50%*

Downside Before Buffer

-0.02%*

Remaining Cap

100.0%

Cap Used

5.5%

Above Cap

99.3%

Probability Above Cap

Position Snapshot

As of today, UOCT is at +10.1% with 7 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has reached its maximum cap level. No additional upside participation is available, but downside protection remains active for the remaining 7 days.

Downside Protection

UOCT offers substantial downside protection with its 30% ultra buffer. The ETF is currently 14.50% away from buffer activation, representing a adequately protected position. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The -0.79% annualized cap yield trails the 3.86% risk-free rate, limiting its relative attractiveness. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 5.5% above cap

Buffer Level: 30.00%

Cap Yield: -0.79%

T-Bill Yield: 3.86%

Estimated Cap Level: 10.06% (after fees)

Probability Above Cap at Expiry: 99.3%

Calculated using Black-Scholes with implied volatility from SPY options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 ZALT (10% Quarterly Buffer) 7 Days Until Reset

Fund Return: 3.26% | Index Return: 7.34%

Remaining Cap: 0.12% | Downside Before Buffer: -3.33% | Cap Used: 96.5% | Above Cap: 4.0% | Probability: 97%

Cap Yield: 6.09% | T-Bill Yield: 3.86%

3.26%

Fund Return

7.34%

Index Return

-3.33%*

Downside Before Buffer

0.12%*

Remaining Cap

96.5%

Cap Used

4.0%

Above Cap

97.1%

Probability Above Cap

Position Snapshot

As of today, ZALT is at +3.3% with 7 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 0.12% remaining upside potential (after fees) with 3.33% downside before buffer protection activates. This creates a 0.0:1 reward-to-risk ratio for the remaining 7-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 6.09% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

ZALT offers moderate downside protection with its 10% buffer. The ETF is currently 3.33% away from buffer activation, representing a position approaching the buffer level, requiring closer monitoring. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 6.09% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 4.0% above cap

Buffer Level: 10.00%

Cap Yield: 6.09%

T-Bill Yield: 3.86%

Estimated Cap Level: 3.38% (after fees)

Probability Above Cap at Expiry: 97.1%

Calculated using Black-Scholes with implied volatility from SPY options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 INOV (15% Buffer) 38 Days Until Reset

Fund Return: 13.31% | Index Return: 17.55%

Remaining Cap: 1.14% | Downside Before Buffer: -12.60% | Cap Used: 92.1% | Above Cap: 3.1% | Probability: 74%

Cap Yield: 10.96% | T-Bill Yield: 3.86%

13.31%

Fund Return

17.55%

Index Return

-12.60%*

Downside Before Buffer

1.14%*

Remaining Cap

92.1%

Cap Used

3.1%

Above Cap

74.5%

Probability Above Cap

Position Snapshot

As of today, INOV is at +13.3% with 38 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 1.14% remaining upside potential (after fees) with 12.60% downside before buffer protection activates. This creates a 0.1:1 reward-to-risk ratio for the remaining 38-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 10.96% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

INOV offers solid downside protection with its 15% standard buffer. The ETF is currently 12.60% away from buffer activation, representing a well-protected position with substantial cushion remaining. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 10.96% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 38 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 3.1% above cap

Buffer Level: 15.00%

Cap Yield: 10.96%

T-Bill Yield: 3.86%

Estimated Cap Level: 14.45% (after fees)

Probability Above Cap at Expiry: 74.5%

Calculated using Black-Scholes with implied volatility from EFA options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 NNOV (15% Buffer) 38 Days Until Reset

Fund Return: 13.92% | Index Return: 23.63%

Remaining Cap: 0.89% | Downside Before Buffer: -13.01% | Cap Used: 94.0% | Above Cap: 8.8% | Probability: 90%

Cap Yield: 8.53% | T-Bill Yield: 3.86%

13.92%

Fund Return

23.63%

Index Return

-13.01%*

Downside Before Buffer

0.89%*

Remaining Cap

94.0%

Cap Used

8.8%

Above Cap

90.1%

Probability Above Cap

Position Snapshot

As of today, NNOV is at +13.9% with 38 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 0.89% remaining upside potential (after fees) with 13.01% downside before buffer protection activates. This creates a 0.1:1 reward-to-risk ratio for the remaining 38-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 8.53% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

NNOV offers solid downside protection with its 15% standard buffer. The ETF is currently 13.01% away from buffer activation, representing a well-protected position with substantial cushion remaining. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 8.53% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 38 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 8.8% above cap

Buffer Level: 15.00%

Cap Yield: 8.53%

T-Bill Yield: 3.86%

Estimated Cap Level: 14.81% (after fees)

Probability Above Cap at Expiry: 90.1%

Calculated using Black-Scholes with implied volatility from QQQ options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 PNOV (15% Buffer) 38 Days Until Reset

Fund Return: 10.47% | Index Return: 16.63%

Remaining Cap: 1.01% | Downside Before Buffer: -10.26% | Cap Used: 91.2% | Above Cap: 5.2% | Probability: 85%

Cap Yield: 9.68% | T-Bill Yield: 3.86%

10.47%

Fund Return

16.63%

Index Return

-10.26%*

Downside Before Buffer

1.01%*

Remaining Cap

91.2%

Cap Used

5.2%

Above Cap

84.8%

Probability Above Cap

Position Snapshot

As of today, PNOV is at +10.5% with 38 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 1.01% remaining upside potential (after fees) with 10.26% downside before buffer protection activates. This creates a 0.1:1 reward-to-risk ratio for the remaining 38-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 9.68% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

PNOV offers solid downside protection with its 15% standard buffer. The ETF is currently 10.26% away from buffer activation, representing a adequately protected position. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 9.68% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 38 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 5.2% above cap

Buffer Level: 15.00%

Cap Yield: 9.68%

T-Bill Yield: 3.86%

Estimated Cap Level: 11.48% (after fees)

Probability Above Cap at Expiry: 84.8%

Calculated using Black-Scholes with implied volatility from SPY options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

📈 UNOV (30% Ultra Buffer) 38 Days Until Reset

Fund Return: 9.94% | Index Return: 16.63%

Remaining Cap: 0.87% | Downside Before Buffer: -14.38% | Cap Used: 92.0% | Above Cap: 5.8% | Probability: 88%

Cap Yield: 8.33% | T-Bill Yield: 3.86%

9.94%

Fund Return

16.63%

Index Return

-14.38%*

Downside Before Buffer

0.87%*

Remaining Cap

92.0%

Cap Used

5.8%

Above Cap

87.6%

Probability Above Cap

Position Snapshot

As of today, UNOV is at +9.9% with 38 days remaining. The ETF has reached its cap and the index is trading above the cap level, providing a potential downside cushion. This represents a late-stage position that may be suitable for risk management rather than new entries.

Upside Scenario

The ETF has 0.87% remaining upside potential (after fees) with 14.38% downside before buffer protection activates. This creates a 0.1:1 reward-to-risk ratio for the remaining 38-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 8.33% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

UNOV offers substantial downside protection with its 30% ultra buffer. The ETF is currently 14.38% away from buffer activation, representing a adequately protected position. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

Consider holding to capture any remaining downside protection while monitoring for exit opportunities. This position may serve as a defensive holding but offers limited upside participation. The 8.33% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 38 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: Cap reached, index 5.8% above cap

Buffer Level: 30.00%

Cap Yield: 8.33%

T-Bill Yield: 3.86%

Estimated Cap Level: 10.81% (after fees)

Probability Above Cap at Expiry: 87.6%

Calculated using Black-Scholes with implied volatility from SPY options

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

ACCELERATION ZONE ALERTS

Qualification Criteria:
🎯 Near Starting Point (Light Green): Fund Return between -1.5% and 0%
👀 Near Acceleration (Yellow): Index within 1% of acceleration threshold
🎯🎯 At/Above Threshold (Bright Green): Index ≥ acceleration point for maximum cap
*Acceleration ETFs provide 2x or 3x upside to specific index thresholds*

14 Acceleration ETFs with Signals

Near Start

Near Accel Point

Near Cap

Signal Rules & Color Coding

🎯 Near Start (Entry)

Fund Between -1.5% and 0%
Optimal entry point for new positions
Border: Light Green

👀 Near Acceleration

Index Within 1% of Threshold
Monitor for acceleration opportunity
Border: Yellow

🎯🎯 Near Cap

Index ≥ Acceleration Threshold
Maximum cap likely at reset
Border: Bright Green

Note: Acceleration ETFs provide enhanced returns (2x or 3x) when the index exceeds specific thresholds. The "Near Cap" signals indicate ETFs likely to achieve maximum cap at reset, while "Near Start" signals represent optimal entry opportunities. Multiple signals may appear for the same ETF as it can be both near starting point AND approaching acceleration threshold.

🎯🎯 Near Cap - Maximum Return Zone

Index at or above acceleration threshold - Maximum cap likely at reset

✅ QTOC (3x Accelerated - No Buffer) 7 Days Until Reset

Fund Return: 18.87% | Index Return: 22.56%

QQQ Return to Achieve Cap: 6.57% | Remaining Cap: -0.02%

T-Bill Yield: 3.86%

✅ XBOC (2x Accelerated & 9% Buffer) 7 Days Until Reset

Fund Return: 10.42% | Index Return: 15.59%

SPY Return to Achieve Cap: 5.61% | Remaining Cap: -0.02%

T-Bill Yield: 3.86%

✅ XDQQ (2x Accelerated Quarterly) 7 Days Until Reset

Fund Return: 8.03% | Index Return: 8.44%

QQQ Return to Achieve Cap: 4.26% | Remaining Cap: 0.25%

Cap Yield: 13.29% | T-Bill Yield: 3.86%

8.03%

Fund Return

8.44%

Index Return

-8.01%*

Downside To Start Point

0.25%*

Remaining Cap

Position Snapshot

As of today, XDQQ is at +8.0% with 7 days remaining. The ETF is above the ideal entry point but still within acceptable parameters. This positioning offers investors the opportunity to participate in the defined outcome strategy with 7 days of protection remaining.

Upside Scenario

The ETF has 0.25% remaining upside potential (after fees) with 8.01% downside before buffer protection activates. This creates a 0.0:1 reward-to-risk ratio for the remaining 7-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 13.29% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Risk

XDQQ offers no downside buffer protection as it is an accelerated ETF with no buffer. Investors should be prepared for full participation in any index declines, making position sizing and timing critical considerations.

Strategic Outlook

The current positioning offers a 0.0:1 reward-to-risk ratio with limited time remaining. Monitor for better entry opportunities or consider as part of a diversified ETF strategy. The 13.29% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: QQQ above 4.3% acceleration point - Near Cap

Buffer Level: 0.00%

Cap Yield: 13.29%

T-Bill Yield: 3.86%

*Important: Downside To Start Point and Remaining Cap are calculated with remainder of fees removed for more accurate data. This ETF has no buffer protection - full participation in index declines.

✅ XDSQ (2x Accelerated Quarterly) 7 Days Until Reset

Fund Return: 6.45% | Index Return: 7.34%

SPY Return to Achieve Cap: 3.41% | Remaining Cap: 0.14%

Cap Yield: 7.55% | T-Bill Yield: 3.86%

6.45%

Fund Return

7.34%

Index Return

-6.43%*

Downside To Start Point

0.14%*

Remaining Cap

Position Snapshot

As of today, XDSQ is at +6.5% with 7 days remaining. The ETF is above the ideal entry point but still within acceptable parameters. This positioning offers investors the opportunity to participate in the defined outcome strategy with 7 days of protection remaining.

Upside Scenario

The ETF has 0.14% remaining upside potential (after fees) with 6.43% downside before buffer protection activates. This creates a 0.0:1 reward-to-risk ratio for the remaining 7-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 7.55% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Risk

XDSQ offers no downside buffer protection as it is an accelerated ETF with no buffer. Investors should be prepared for full participation in any index declines, making position sizing and timing critical considerations.

Strategic Outlook

The current positioning offers a 0.0:1 reward-to-risk ratio with limited time remaining. Monitor for better entry opportunities or consider as part of a diversified ETF strategy. The 7.55% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 7 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: SPY above 3.4% acceleration point - Near Cap

Buffer Level: 0.00%

Cap Yield: 7.55%

T-Bill Yield: 3.86%

*Important: Downside To Start Point and Remaining Cap are calculated with remainder of fees removed for more accurate data. This ETF has no buffer protection - full participation in index declines.

✅ XTOC (3x Accelerated - No Buffer) 7 Days Until Reset

Fund Return: 13.40% | Index Return: 15.60%

SPY Return to Achieve Cap: 4.75% | Remaining Cap: -0.02%

T-Bill Yield: 3.86%

✅ QTJA (3x Accelerated - No Buffer) 99 Days Until Reset

Fund Return: 14.48% | Index Return: 17.01%

QQQ Return to Achieve Cap: 6.48% | Remaining Cap: 3.55%

Cap Yield: 13.07% | T-Bill Yield: 3.86%

14.48%

Fund Return

17.01%

Index Return

-14.27%*

Downside To Start Point

3.55%*

Remaining Cap

Position Snapshot

As of today, QTJA is at +14.5% with 99 days remaining. The ETF is above the ideal entry point but still within acceptable parameters. This positioning offers investors the opportunity to participate in the defined outcome strategy with 99 days of protection remaining.

Upside Scenario

The ETF has 3.55% remaining upside potential (after fees) with 14.27% downside before buffer protection activates. This creates a 0.2:1 reward-to-risk ratio for the remaining 99-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 13.07% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Risk

QTJA offers no downside buffer protection as it is an accelerated ETF with no buffer. Investors should be prepared for full participation in any index declines, making position sizing and timing critical considerations.

Strategic Outlook

The current positioning offers a 0.2:1 reward-to-risk ratio with moderate time remaining. Monitor for better entry opportunities or consider as part of a diversified ETF strategy. The 13.07% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 99 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: QQQ above 6.5% acceleration point - Near Cap

Buffer Level: 0.00%

Cap Yield: 13.07%

T-Bill Yield: 3.86%

*Important: Downside To Start Point and Remaining Cap are calculated with remainder of fees removed for more accurate data. This ETF has no buffer protection - full participation in index declines.

✅ XBJA (2x Accelerated & 9% Buffer) 99 Days Until Reset

Fund Return: 8.35% | Index Return: 13.16%

SPY Return to Achieve Cap: 5.85% | Remaining Cap: 2.30%

Cap Yield: 8.46% | T-Bill Yield: 3.86%

8.35%

Fund Return

13.16%

Index Return

-8.50%*

Downside Before Buffer

2.30%*

Remaining Cap

Position Snapshot

As of today, XBJA is at +8.3% with 99 days remaining. The ETF is above the ideal entry point but still within acceptable parameters. This positioning offers investors the opportunity to participate in the defined outcome strategy with 99 days of protection remaining.

Upside Scenario

The ETF has 2.30% remaining upside potential (after fees) with 8.50% downside before buffer protection activates. This creates a 0.3:1 reward-to-risk ratio for the remaining 99-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 8.46% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

XBJA offers moderate downside protection with its 9% buffer. The ETF is currently 8.50% away from buffer activation, representing a well-protected position with substantial cushion remaining. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

The current positioning offers a 0.3:1 reward-to-risk ratio with moderate time remaining. Monitor for better entry opportunities or consider as part of a diversified ETF strategy. The 8.46% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 99 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: SPY above 5.8% acceleration point - Near Cap

Buffer Level: 9.00%

Cap Yield: 8.46%

T-Bill Yield: 3.86%

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

✅ XTJA (3x Accelerated - No Buffer) 99 Days Until Reset

Fund Return: 10.51% | Index Return: 13.17%

SPY Return to Achieve Cap: 4.88% | Remaining Cap: 2.95%

Cap Yield: 10.86% | T-Bill Yield: 3.86%

10.51%

Fund Return

13.17%

Index Return

-10.30%*

Downside To Start Point

2.95%*

Remaining Cap

Position Snapshot

As of today, XTJA is at +10.5% with 99 days remaining. The ETF is above the ideal entry point but still within acceptable parameters. This positioning offers investors the opportunity to participate in the defined outcome strategy with 99 days of protection remaining.

Upside Scenario

The ETF has 2.95% remaining upside potential (after fees) with 10.30% downside before buffer protection activates. This creates a 0.3:1 reward-to-risk ratio for the remaining 99-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 10.86% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Risk

XTJA offers no downside buffer protection as it is an accelerated ETF with no buffer. Investors should be prepared for full participation in any index declines, making position sizing and timing critical considerations.

Strategic Outlook

The current positioning offers a 0.3:1 reward-to-risk ratio with moderate time remaining. Monitor for better entry opportunities or consider as part of a diversified ETF strategy. The 10.86% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 99 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: SPY above 4.9% acceleration point - Near Cap

Buffer Level: 0.00%

Cap Yield: 10.86%

T-Bill Yield: 3.86%

*Important: Downside To Start Point and Remaining Cap are calculated with remainder of fees removed for more accurate data. This ETF has no buffer protection - full participation in index declines.

✅ QTAP (3x Accelerated - No Buffer) 189 Days Until Reset

Fund Return: 15.07% | Index Return: 27.57%

QQQ Return to Achieve Cap: 7.05% | Remaining Cap: 4.49%

Cap Yield: 8.67% | T-Bill Yield: 3.86%

15.07%

Fund Return

27.57%

Index Return

-14.66%*

Downside To Start Point

4.49%*

Remaining Cap

Position Snapshot

As of today, QTAP is at +15.1% with 189 days remaining. The ETF is above the ideal entry point but still within acceptable parameters. This positioning offers investors the opportunity to participate in the defined outcome strategy with 189 days of protection remaining.

Upside Scenario

The ETF has 4.49% remaining upside potential (after fees) with 14.66% downside before buffer protection activates. This creates a 0.3:1 reward-to-risk ratio for the remaining 189-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 8.67% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Risk

QTAP offers no downside buffer protection as it is an accelerated ETF with no buffer. Investors should be prepared for full participation in any index declines, making position sizing and timing critical considerations.

Strategic Outlook

The current positioning offers a 0.3:1 reward-to-risk ratio with adequate time horizon. Monitor for better entry opportunities or consider as part of a diversified ETF strategy. The 8.67% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 189 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: QQQ above 7.0% acceleration point - Near Cap

Buffer Level: 0.00%

Cap Yield: 8.67%

T-Bill Yield: 3.86%

*Important: Downside To Start Point and Remaining Cap are calculated with remainder of fees removed for more accurate data. This ETF has no buffer protection - full participation in index declines.

✅ XBAP (2x Accelerated & 9% Buffer) 189 Days Until Reset

Fund Return: 7.99% | Index Return: 18.56%

SPY Return to Achieve Cap: 6.39% | Remaining Cap: 3.64%

Cap Yield: 7.03% | T-Bill Yield: 3.86%

7.99%

Fund Return

18.56%

Index Return

-8.19%*

Downside Before Buffer

3.64%*

Remaining Cap

Position Snapshot

As of today, XBAP is at +8.0% with 189 days remaining. The ETF is above the ideal entry point but still within acceptable parameters. This positioning offers investors the opportunity to participate in the defined outcome strategy with 189 days of protection remaining.

Upside Scenario

The ETF has 3.64% remaining upside potential (after fees) with 8.19% downside before buffer protection activates. This creates a 0.4:1 reward-to-risk ratio for the remaining 189-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 7.03% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

XBAP offers moderate downside protection with its 9% buffer. The ETF is currently 8.19% away from buffer activation, representing a well-protected position with substantial cushion remaining. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

The current positioning offers a 0.4:1 reward-to-risk ratio with adequate time horizon. Monitor for better entry opportunities or consider as part of a diversified ETF strategy. The 7.03% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 189 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: SPY above 6.4% acceleration point - Near Cap

Buffer Level: 9.00%

Cap Yield: 7.03%

T-Bill Yield: 3.86%

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

✅ XTAP (3x Accelerated - No Buffer) 189 Days Until Reset

Fund Return: 10.83% | Index Return: 18.56%

SPY Return to Achieve Cap: 5.55% | Remaining Cap: 4.46%

Cap Yield: 8.62% | T-Bill Yield: 3.86%

10.83%

Fund Return

18.56%

Index Return

-10.42%*

Downside To Start Point

4.46%*

Remaining Cap

Position Snapshot

As of today, XTAP is at +10.8% with 189 days remaining. The ETF is above the ideal entry point but still within acceptable parameters. This positioning offers investors the opportunity to participate in the defined outcome strategy with 189 days of protection remaining.

Upside Scenario

The ETF has 4.46% remaining upside potential (after fees) with 10.42% downside before buffer protection activates. This creates a 0.4:1 reward-to-risk ratio for the remaining 189-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 8.62% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Risk

XTAP offers no downside buffer protection as it is an accelerated ETF with no buffer. Investors should be prepared for full participation in any index declines, making position sizing and timing critical considerations.

Strategic Outlook

The current positioning offers a 0.4:1 reward-to-risk ratio with adequate time horizon. Monitor for better entry opportunities or consider as part of a diversified ETF strategy. The 8.62% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 189 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: SPY above 5.5% acceleration point - Near Cap

Buffer Level: 0.00%

Cap Yield: 8.62%

T-Bill Yield: 3.86%

*Important: Downside To Start Point and Remaining Cap are calculated with remainder of fees removed for more accurate data. This ETF has no buffer protection - full participation in index declines.

✅ QTJL (3x Accelerated - No Buffer) 280 Days Until Reset

Fund Return: 6.25% | Index Return: 8.44%

QQQ Return to Achieve Cap: 6.33% | Remaining Cap: 11.20%

Cap Yield: 14.61% | T-Bill Yield: 3.86%

6.25%

Fund Return

8.44%

Index Return

-5.64%*

Downside To Start Point

11.20%*

Remaining Cap

Position Snapshot

As of today, QTJL is at +6.2% with 280 days remaining. The ETF is above the ideal entry point but still within acceptable parameters. This positioning offers investors the opportunity to participate in the defined outcome strategy with 280 days of protection remaining.

Upside Scenario

The ETF has 11.20% remaining upside potential (after fees) with 5.64% downside before buffer protection activates. This creates a 2.0:1 reward-to-risk ratio for the remaining 280-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 14.61% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Risk

QTJL offers no downside buffer protection as it is an accelerated ETF with no buffer. Investors should be prepared for full participation in any index declines, making position sizing and timing critical considerations.

Strategic Outlook

The current positioning offers a 2.0:1 reward-to-risk ratio with adequate time horizon. Monitor for better entry opportunities or consider as part of a diversified ETF strategy. The 14.61% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 280 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: QQQ above 6.3% acceleration point - Near Cap

Buffer Level: 0.00%

Cap Yield: 14.61%

T-Bill Yield: 3.86%

*Important: Downside To Start Point and Remaining Cap are calculated with remainder of fees removed for more accurate data. This ETF has no buffer protection - full participation in index declines.

✅ XBJL (2x Accelerated & 9% Buffer) 280 Days Until Reset

Fund Return: 3.83% | Index Return: 7.35%

SPY Return to Achieve Cap: 5.94% | Remaining Cap: 6.96%

Cap Yield: 9.08% | T-Bill Yield: 3.86%

3.83%

Fund Return

7.35%

Index Return

-4.48%*

Downside Before Buffer

6.96%*

Remaining Cap

Position Snapshot

As of today, XBJL is at +3.8% with 280 days remaining. The ETF is above the ideal entry point but still within acceptable parameters. This positioning offers investors the opportunity to participate in the defined outcome strategy with 280 days of protection remaining.

Upside Scenario

The ETF has 6.96% remaining upside potential (after fees) with 4.48% downside before buffer protection activates. This creates a 1.6:1 reward-to-risk ratio for the remaining 280-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 9.08% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Protection

XBJL offers moderate downside protection with its 9% buffer. The ETF is currently 4.48% away from buffer activation, representing a adequately protected position. This provides excellent protection for averaging into positions if markets continue declining.

Strategic Outlook

The current positioning offers a 1.6:1 reward-to-risk ratio with adequate time horizon. Monitor for better entry opportunities or consider as part of a diversified ETF strategy. The 9.08% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 280 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: SPY above 5.9% acceleration point - Near Cap

Buffer Level: 9.00%

Cap Yield: 9.08%

T-Bill Yield: 3.86%

*Important: Downside Before Buffer and Remaining Cap are calculated with remainder of fees removed for more accurate data.

✅ XTJL (3x Accelerated - No Buffer) 280 Days Until Reset

Fund Return: 5.09% | Index Return: 7.35%

SPY Return to Achieve Cap: 5.05% | Remaining Cap: 8.78%

Cap Yield: 11.45% | T-Bill Yield: 3.86%

5.09%

Fund Return

7.35%

Index Return

-4.48%*

Downside To Start Point

8.78%*

Remaining Cap

Position Snapshot

As of today, XTJL is at +5.1% with 280 days remaining. The ETF is above the ideal entry point but still within acceptable parameters. This positioning offers investors the opportunity to participate in the defined outcome strategy with 280 days of protection remaining.

Upside Scenario

The ETF has 8.78% remaining upside potential (after fees) with 4.48% downside before buffer protection activates. This creates a 2.0:1 reward-to-risk ratio for the remaining 280-day period, representing a limited risk-adjusted opportunity. Annualized, this translates to 11.45% cap yield. This represents significant potential outperformance versus the 3.86% T-Bill rate.

Downside Risk

XTJL offers no downside buffer protection as it is an accelerated ETF with no buffer. Investors should be prepared for full participation in any index declines, making position sizing and timing critical considerations.

Strategic Outlook

The current positioning offers a 2.0:1 reward-to-risk ratio with adequate time horizon. Monitor for better entry opportunities or consider as part of a diversified ETF strategy. The 11.45% annualized cap yield provides attractive compensation versus the 3.86% risk-free rate. With 280 days remaining, this position fits well into a defined outcome strategy focused on risk-managed equity exposure.

Additional Details

Signal Type: SPY above 5.0% acceleration point - Near Cap

Buffer Level: 0.00%

Cap Yield: 11.45%

T-Bill Yield: 3.86%

*Important: Downside To Start Point and Remaining Cap are calculated with remainder of fees removed for more accurate data. This ETF has no buffer protection - full participation in index declines.

Important Disclosures

This material is for informational purposes only and does not constitute investment advice. Defined Outcome ETFs involve significant risks including the potential loss of principal. Past performance does not guarantee future results.

Innovator Specific Disclosures are available at Innovatoretfs.com

For complete terms and conditions, visit: harborside.capital/disclaimer

📋 OCC Options Risk Disclosure

Options Risk Disclosure: Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of "Characteristics and Risks of Standardized Options" available at theocc.com.

Please read the full disclaimer and risk disclosure document before making any investment decisions. Consult with a qualified financial advisor regarding your specific investment objectives and risk tolerance.

ETF Insights - September 24, 2025

Eric Cerrone

Understanding Key Metrics

🎯🎯 Near Cap - Maximum Return Zone

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