We present RIz photometry of four consecutive transits of the newly discovered exoplanet XO-1b. We improve on the estimates of the transit parameters, finding the planetary radius to be R_P_=1.184^0.028^_0.018_R_J_, and the stellar radius to be R*=0.928^+0.018^_0.013_R_{sun}_, assuming a stellar mass of M*=(1.00+/-0.03)M_{sun}_.