Is FT Vest U.S. Equity Enhance & Moderate Buffer ETF - October Halal?

XOCT was created on 2023-10-20 by FT Vest. The fund's investment portfolio concentrates primarily on large cap equity. XOCT seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a specific holdings period. The actively managed fund holds options and collateral.